From continuous liquidation to slowly recovering funds, my experience of leading him out of the quagmire with 5000U still evokes deep emotions.
When he came to me, he looked like his soul had been sucked out. The pop-up of contract liquidation, the notification of account zeroing, he lost 500,000 over two months. He stayed up all night staring at the K-line chart, saying he couldn’t recover, and his family was on the brink of falling apart. He only had 5000U left, clutching it tighter than his life, repeatedly saying, 'I’m not willing to accept this,' wanting to fight one last time with me.
Seeing the flicker of hope in his eyes, I simply said: 'Trust me and follow the rules, don’t mess around anymore.'
What happened later can be said to have lived up to this trust. With this 5000U as a base, I helped him turn the situation around step by step; more importantly, I pulled him back from the edge of collapse.
First, I broke down the root cause of his losses — 90% of people fail because they fall into these three traps:
Gambling mentality, over-leveraging leading to instant liquidation by the market
Holding on without stop-loss, fantasizing about rebounds while getting deeper into losses during crashes
High-frequency trading, where fees eat into the principal
Contracts are a probability game; by sticking to the 'three disciplines,' you can become a 10% winner.
The stable strategy I customized for him is as follows:
Step one, choose the right target, which is a hundred times more important than rushing to open a position.
When the market rises, only touch the leading coins, with sufficient liquidity and stable volatility; when it falls, focus on the weakest shorts, achieving double the results with half the effort. Never touch new coin contracts; 99% are setups by market makers for harvesting.
Step two, opening a position isn't a gamble; you need to learn 'pyramid scaling.'
The first position should be a maximum of 5%; once you have 50% floating profit, then add 3% more. Key points must be waited for: bottom fishing after a 20% drop, shorting at the second-highest point after a surge. These two time windows can catch the market off guard.
Step three, stop-loss and take-profit are life-saving skills.
Set the stop-loss at 2% below the cost price; if it hits, cut immediately without hesitation; set the take-profit at three times the stop-loss, letting profits run, but there's a strict rule: never let profits turn into losses.
Contracts are indeed about finding opportunities on the edge of a knife, but with the right methods, there are always plenty of opportunities.
If you are also trapped in the cycle of liquidation right now, don’t rush to recover. First, stop and stabilize the rhythm. If you want to know specifically how to choose targets, set key points, and control positions, follow @bit多多 ; the pitfalls I helped him navigate can save you a lot of detours.