First, reveal your identity: I am not a master trader, nor do I sell courses, just an old trader who has stepped into countless pits.
Last year, a brother named K, who was left with only 1200U, came to me and said he wanted to turn his situation around. I gave him three sentences, and he followed them for 90 days, increasing his account to 50,000U without blowing it once in between. Today, I'm writing these three sentences for you; how much you comprehend depends on yourself.
Firstly, divide the money into three parts; first learn to 'break fingers'.
Divide 1200U into three parts, each part 400U, name them, no visiting allowed.
1. Short-term Knife: 400U, at most two trades a day, finish cutting and call it a day.
2. Trend Cannon: 400U, no rabbit seen, no eagle released; if the weekly line doesn't rise, just play dead.
3. Lifesaver fund: 400U, specifically for covering losses, immediately replenish on the day of liquidation, ensuring you are still at the table.
Full position? Don’t even think about it, liquidation = 'broken fingers', broken fingers can still grow, but a broken head is the end.
2. Only nibble on the juiciest part of the trend, spend the rest of the time like a turtle.
A volatile market is a meat grinder, cutting your flesh 9 times out of 10. My signal is very simple:
1. If the moving averages on the daily chart are not in a bullish arrangement = stay in cash.
2. A breakout with increased volume above the previous high + confirmation from the daily closing line = the first entry.
3. Once profits reach 30% of the principal, immediately take half out, and set a 10% trailing stop for the rest.
Remember, the market always has the next bus; don’t rush to get on, just catch a free ride.
3. Lock your emotions in a cage, just press the button.
Write down your 'life and death statement' before entering the market:
- Stop loss at 3%, cut automatically when reached, no discussion.
- When profits reach 10%, pull the stop loss up to the breakeven price; everything after is a gift from the market.
- Turn off the computer at 23:00 every day, no matter how good the candlestick looks, don’t stare; if you can’t sleep, uninstall the app.
Be mechanical to the point of boredom to survive long-term.
Ending toxic chicken soup
1200U to 50,000U is not achieved through magical trades, but by 'making fewer mistakes'. The market has trends every day, but capital is not always present. First memorize these three hard rules, then study waves, indicators, and funding rates.
Survive to talk about getting rich; if you can’t survive, you are just someone else's transaction fee. Still the same saying, if you don’t know what to do in a bull market, click on Aze's avatar, follow for planning on bull market spot trading, the latest news in the crypto space, contract passwords, and free sharing.
