Last night, a fan named K who followed me for half a year suddenly sent me a long message.

"Teacher, I used to do short-term trading, chasing small coins and new coins on the rise, thinking the volatility was high and the money came quickly.

As a result, I ended up losing more than I made each time. The biggest loss was on a coin called MOVE: I entered at 0.8, saw its historical high of 1.2, imagined it would surge again, and then it kept falling.

I didn't want to cut my losses, so I used all my remaining USDT to cover the margin, even bought U off-exchange, and even borrowed online loans.

It dropped to 0.6 and I got liquidated, now MOVE is at 0.13. That night I lost 10,000 USDT and completely understood: cutting losses isn't always right, but not cutting losses is definitely wrong."

I replied to him: "Once you've felt the pain, you should remember it."

Then he continued, "Later I started following your long-term course. The first time I rolled over my ETH was at 3550, when both the daily and weekly moving averages were dense, you said 'when moving averages converge, once the direction comes out, it’s a trend.

I felt confident, so I slowly increased my position according to the plan, maxing out at 300 coins. Although not a lot, it was all money I could sleep on.

Looking back now, I kept those screenshots, not to show off, but to remind myself: from getting liquidated in short-term trading to holding long-term, every step counts."

I sent him a thumbs up and asked: "So are you still playing intraday?"

He replied: "Yes, but only with familiar ETH. I set a 50 USDT take profit and a 50 USDT stop loss based on the 1-minute and 5-minute moving averages you taught, and shut down when it hits the target.

In April, I relied on this small mantra, only opening one trade a day, taking profit at 50 USDT and accepting a loss of 50 USDT.

I firmly avoid using high leverage and getting carried away. Teacher, you’re right: what the crypto circle lacks the least is opportunities, big trends are still ahead, and preserving capital is essential to get on board."

After reading his message, I posted this excerpt to encourage everyone still struggling in short-term trading:

Don't rush, don't gamble, don't borrow money.

First use a small position to refine the system, then roll profits with the system.

Slow down, and you can go faster.

If you read this far and have only one thought in your mind—'This time, I will definitely follow the rules,' you are welcome to follow @小花生说币 ; I only take people with strong execution skills.