After eight years of three rounds of liquidation, I have personally seen over 40 fans off.
Every time there was a bloodbath, they would send me screenshots: "Teacher, it's zero again."
I repeatedly reviewed those settlement slips and finally realized — what truly killed them was not the market, but the two inner demons of "itchy hands" and "stubbornness."
They stared at the one-minute chart every day, chasing the red and cutting the green, like gambling at a dice table.
Stop-loss? Non-existent.
"What if I cut it and it rebounds?"
So a 2% pullback turned into 20%, and the last liquidation text ended their fantasies.
The more brutal reality is that I calculated the last 4000 trades of fans: 80% of profits really only came from 20% of the holding time.
The rest of the day and night watching the market was just working for the exchange, paying fees.
In May last year, I decided to conduct an experiment with them:
Extend the timeframe from one minute to one week, reduce leverage from 10 times to 3 times, and write stop-loss into the code, triggering automatic liquidation.
Three iron rules posted in the group announcement:
1. Open a position, first set a 2% stop-loss; if triggered, exit immediately, no stories;
2. Single leverage ≤ 3 times, anything higher will be removed from the group;
3. Only trade weekly breakouts, treat daily fluctuations as noise.
In the first month, wails erupted: "Teacher, I missed a 30% surge!"
By the third month, the group fell silent — the account curve began to rise.
Those who used to trade 20 times a day now only opened 3 trades a month, and the win rate increased from 28% to 71%.
They finally understood: the market does not offer opportunities every day; most fluctuations are merely bait.
If the principal loses 70%, it needs to triple to break even; preserving the principal is key to having another bullet.
Now I write in the group signature: "First learn not to fall to your death, then talk about dancing elegantly."
The cryptocurrency circle is not a casino; it is ballet on the edge of a knife.
If you are also staring at liquidation texts at three in the morning, remember:
Slow is fast; less is more.
Survive, and the market will always give you another chance. @小花生说币