Orange’s contract comeback: the path of respect from thirty thousand to two million.
My name is Orange. Like countless young people with dreams of wealth, I once thought that cryptocurrency contract trading was a fast track. As a result, reality hit me hard; starting with thirty thousand yuan, in less than a month, through frequent chasing and panic selling, my capital shrank to a pitiful eight thousand yuan. It felt like my name, being squeezed dry, leaving only a pile of pulp. I slumped in my chair, looking at the red prompt of liquidation, feeling that 'Orange' was indeed a joke, foreshadowing my fate of being drained by the market.
I was down for several days, almost ready to admit defeat and exit. But I was unwilling. I began to frantically browse the posts of those real big shots, not looking for a 'wealth code', but seeing how they 'survived'. One sentence awakened me: 'Contracts are not about betting size; they are a game of probability and a game of human nature. If you want to win, you must first learn to fear.'
Yes, wasn't it because I wasn't afraid before? I didn't believe in evil, didn't give up, always thought I could win it back next time.
'Fear' is not cowardice; it is respect. I regained my composure, treating that eight thousand yuan as the last spark, and formulated a set of iron rules engraved in my mind:
Never fully invested, never add to losing positions: each time I open a position, it’s no more than 10% of my principal, and I will never impulsively increase my position to average down when in loss.
Stop loss is ingrained in my soul: I must set a stop loss when opening a position, and the loss must not exceed 2% of my principal. Even if the market moves in my expected direction immediately after the stop loss, I will not regret it. Protecting the principal is the only way to have another chance.
Only take the fish belly, not the tail: when the market is surging the most, I instead start taking profits in batches, never expecting to sell at the highest point. Taking most of the profits is enough; let the remaining risk be borne by others.
With this 'fear of death' strategy, my account began to undergo a miraculous transformation. I no longer pursued overnight wealth but, like a little hamster, slowly hoarded food. When I made money, I withdrew a portion of the profits, never rolling everything back in. I used the dumbest 'compound interest' method; although slow, the direction was steadily upward.
I started only to trade what I understood; if there were no opportunities, I patiently stayed out. I no longer watched a dozen coins at the same time, only focusing on one or two mainstream coins with the highest volatility that I was most familiar with. I no longer believed any 'teachers' insider information, only trusting my own judgment and discipline.
Thus, when the market was good, I made a large profit; when the market oscillated, I either took a small loss or a small profit and exited, strictly controlling my drawdown. Eight thousand, fifteen thousand, thirty thousand, fifty thousand… After experiencing an initial cliff-like drop, my account balance started to climb at a slow but exceptionally resilient angle.
This process took far more time than I imagined, during which I experienced countless temptations and inner struggles, but I held onto that bottom line of 'fear'.
Today, a year and a half later, when I once again cleared my positions and saw my total account asset quietly fixed at 2,138,731.82 yuan, I felt no ecstatic joy as I had imagined, only an extreme sense of calm. That string of numbers proves that all my perseverance and fears along the way were worth it.
I am still the person called Orange, but the meaning is completely different now. The market didn't drain me; instead, it refined me to be richer. I transformed from a sour fruit into a glass of sweet orange juice that one can savor. The starting point of all this was that thirty thousand yuan and a heartbreaking liquidation that taught me four words: respect the market. #杰克逊霍尔会议 Follow Orange to jointly change our lives through cryptocurrency profits! #加密市场回调 #BTC #ETH
