Two years ago, I helped a friend start with 1200U, and in four months he grew it to 25,000U, almost without any missteps. It wasn’t luck; it was these three strategies:
① Divide funds into three parts, never go all in
400U for day trading (a maximum of one trade per day)
400U reserved for major trading opportunities (you might wait ten days to half a month for one)
400U as emergency funds (if you lose it all, you can still make a comeback)
② Only nibble on the thickest profits
Directly avoid sideways markets (80% of losses happen here)
Wait until the direction is clear before acting (better to be in cash than to act rashly)
If profits exceed 20% of the principal, immediately withdraw 30% to lock in profits
③ Automate operations, do not let emotions interfere
Stop loss 2% → As common as eating
Profit 4% → First reduce half of the position, lock in profits
Never add to a position while in loss (90% of people fail because of this)
Now this friend's account has grown to 50,000U, and more importantly: he doesn’t have to stay up all night watching the market anymore; spending 5 minutes a day checking the points I provide is enough.
If you want to turn the tables, first learn to protect your principal.
As for how to allocate funds, how to find opportunities, and how to time the market, these are the real skills that can help you avoid three years of detours.
If you still don’t know where to start, or if there are some things you don't understand, feel free to find me, and I’ll explain it in detail.
