Unknowingly, it's been 10 years since I entered the market.
At 35, looking back, 15 years ago, I only had 60,000 yuan in capital, which I borrowed. At that time, I had no confidence at all.
Now my account has surpassed 8 figures. To be honest, my feelings are quite complex. It’s not due to luck, nor is it a get-rich-quick scheme, but rather a journey of stumbling and reflecting while climbing out of losses.
Over the years, I have tried all styles from long-term to short-term, from ultra-short to intraday swings. If I really have to say what I have gained, my understanding of 'how to lose money' is deeper than most people.
I’ve seen too many people turn tens of thousands into millions, only to lose it all in a bear market. It’s not due to poor skills, but rather a habit of holding onto losing positions. When luck runs out and bullets are spent, a single drawdown can wipe everything away.
Another common way to fail: panicking when losing money. Wanting to break even leads to chaotic operations, ultimately resulting in clean losses.
I am not a saint and have my moments of impulsiveness. But I am clear about one thing: the market will not listen to your commands.
Thinking it will rise ≠ it will definitely rise, thinking it’s a trap ≠ it’s definitely a trap. If you’re wrong, just get out; don’t stubbornly hold on.
Trading cryptocurrencies is essentially about whether you can endure, whether you can admit your mistakes, and whether you can act according to the rules.
Stop deceiving yourself with 'faith', thinking 'holding on will bring it back'; that’s not faith, it’s a gambler's mentality.
What has brought me to today is not some profound technique, but rather the extreme adherence to simple rules:
Admit when you are wrong
Set stop losses when opening positions
Make decisions when calm, close the computer when impulsive
In simple terms, making money is not because one is smart, but because one makes fewer mistakes. Each time you stray from the rules, you are digging a pit for yourself.
The market is always there, and opportunities are always there.
As long as you can control your emotions and stick to the rules, even with just 10,000 yuan in capital, you can turn things around.
Is the market making you confused with its ups and downs? Stuck and don’t know how to get out? Or even feel that your operations have gone off track? Don’t hold it in, come find me to chat, and I’ll help you sort out your thoughts～
