Luck isn't a problem, and the market isn't much of a problem either. The key is whether you have your own winning strategy.
I've experienced a downturn, my account nearly wiped out. Suddenly, I realized something: a turnaround isn't about a single, lucrative trade, but a method.
I ultimately recovered by following these steps:
Step 1: Prioritize risk control. Don't expect to make a profit all at once, and don't fantasize about a particular coin skyrocketing.
At the time, I set a rule for myself: trade with a very small position and set a clear stop-loss. The goal wasn't to profit, but to prevent an uncontrollable decline.
Even if I suffered losses several times in a row, I could still survive.
Step 2: Only trade with clear structure. Not every market is worth participating in. I only trade with structures I understand, such as clear trends or rebounds at key points.
Don't trade in ambiguous areas or make unplanned guesses. Don't be greedy or rush into things, and don't follow the market trend.
You can never replicate someone else's winning rate, but you can control the quality of your own trades.
Step 3: Rolling compound interest, not relying on a single position rollover.
Your account isn't built up all at once; it's built up steadily, trade by trade.
I fine-tune my position size with every profit and proactively reduce it during every drawdown.
This not only maximizes gains during a winning streak, but also protects your principal during downturns.
True accumulation is built over time, not by relying on a single burst of profit.
Step 4: Record, review, and plan all your trades.
Before entering each trade, I clearly state my reasons, expectations, and exit points.
Review your trades weekly to identify any impulsive trades and any deviations from your plan.
As long as you have a basis for every trade and don't manually adjust your stop-loss and take-profit orders, you're already more stable than most people.
True profitability in this market depends on a sound strategy. Having a team behind you is far better than working alone. Want to turn things around? Then follow me!
