Don't mess around with small amounts of capital. A friend I recently mentored is a prime example. He started with 1200 U and built it up to 78,000 in 45 days. Every day at the close of trading, he'd shout "Hold on till I'm holding on to the wall" in the group chat. It looked lively, but the underlying rules needed to be clarified.
When he first added me, his hands would tremble at the sight of red and green candlesticks, and he'd be eager to open a position every minute. I warned him: split your capital into three parts, and after losing one part, shut down your computer and go to sleep. Saving your life is more important than doubling your investment. With only this little capital, you still want to go all-in and win a villa? In their eyes, you're basically an ATM.
In volatile markets, it's better to simply shut down your computer and rest, waiting for a unilateral move before re-opening. He made 150 U on his first trade, and immediately split the profits as fresh ammunition. His position gradually snowballed, but he became increasingly timid—only daring to pull the trigger at the most certain points.
The most exciting night was the night when bulls and bears were arguing fiercely online, and he almost jumped in. I held him down: "Wait." The signal finally came at 2 a.m., and with 30x leverage on 70% of my position, I doubled my money in four hours. Amidst the wailing in the group chat, we quietly took our profits and closed the app.
In fact, many people panic the smaller their capital, chasing hot spots one day and selling at a loss the next, emptying their wallets in three days. My strategy can be summed up in six words: stability, control, rollover, cut, reinvest, and take profits. Rolling over positions is just a side job; the key is to have soup every day and meat every month.
If you really want to make a fortune through trading, don't try to ride the market alone. The market is a cure for all kinds of frustration. If you miss this train, the next bull market may not be waiting for you.
