From 5000U to 130,000: How a 'Smart Apprentice' Turned the Tables with a Fool's Manual
I once had an apprentice named Awei. When he first started, he was just like most newcomers—staring at the 1-minute chart, a bunch of indicators, and his catchphrase was 'buy the dip, sell the top.' What was the result? In less than two months, his 5000U was down to 1800.
One day, with red eyes, he asked me, 'Master, is it because my skills are too poor?'
I laughed and said, 'No, it's because you're too smart. Smart enough to always want to guess the market, and in the end, you guessed your principal away.'
The real market doesn't lack smart people; what it lacks is obedient fools who follow instructions. So I threw him a blank sheet of paper with four iron rules written on it:
1. Light positions are king: Don't exceed 20% of your capital per trade; first learn to survive.
2. Stop-loss is more important than entry: Don't fear being wrong; fear holding a losing position.
3. Let profits run: Making a small profit and running is a retail mentality; learn to let profits run.
4. Staying out of the market is a must: If the market is unclear, just stand on the sidelines and watch the show.
I told him, 'Don't use your brain to make fancy predictions; just follow these four rules.'
Six months later, with this 'Fool's Manual,' he grew his account from 5000U to 130,000. Not because he suddenly got stronger, but because he learned to think less and do more right.
The most ironic thing in the crypto world is this: the more one tries to prove they are smart, the faster they tend to fail; whereas those who can honestly follow the iron rules, appearing foolish, often end up laughing last.
Remember: In front of the market, the most expensive thing is not intelligence, but discipline.
Lastly, I wish every person who likes, saves, and follows this article can reap abundantly in this bull market!
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