In the same crypto trading, I flipped my position while he just survived
In this market, there are two types of people:
The first type: stable, restrained, hard to blow up, but also hard to soar
They understand position control, set stop losses, and are not greedy
Earning $50 a day, they feel it's enough to stop
Seeing others double their money in one wave, they are not tempted
It's not that they don't want to turn things around, it's that they know that blowing up once
Might mean they can never recover in this lifetime
Because their capital is small, doubling is hard, losing a bit means starting over
The second type: dare to gamble, can press, occasionally make huge profits
They have money, have the right mindset, and can withstand drawdowns
A single trade starts at $1000, catching a wave means $20,000+
They don't panic when they lose, just switch directions and continue
Because they know, it's not the market that makes money
It's the cash flow behind the account
I used to be the first type, my account blew up 5 times, 4 times because I was “envious of others making money”,
In the end, my impulsive position increase led to total destruction.
Later, I forced myself to change my logic,
Using profits to roll over positions, not adding any more capital:
Control the initial position at 10~15%, once I make a profit, I roll into the next trade
Settle once a week, withdraw capital, keep profits
Stop after three consecutive blow-ups, wait for the next big rhythm
Now, I no longer envy anyone,
And I'm not afraid of drawdowns, because my account has rolled up to a net worth of 6.75 million+
All of it came step by step from a profit position starting at $1000.
Many people are not unintelligent, they just "can't help themselves"
Some can control their emotions, but keep going in the wrong direction
What truly changed me was a systematic rolling position rhythm + profit-taking and stop-loss mechanism
This logic, I have taught to over 750 people,
The most impressive one went from $700 to $27,000+, in just 29 days.
The market is not the problem, whether you can follow the right people and keep the right rhythm is the key.