Brothers with a principal of less than 5000U, don’t place orders yet — listen to my story about Xiao Yu before making any moves.
Six months ago, when Xiao Yu added me, he tightly held onto his 800U account: "Bro, this money is for my meals, I'm afraid that if I make a move, it will be gone."
I told him: "In the crypto world, it relies on strategy; sticking to the rules can help you succeed."
Unexpectedly, four months later, his account exceeded 19,000 U, and in six months, it soared to 28,000 U without a single liquidation.
Some say he was lucky? In fact, it was supported by three iron rules.
First rule: Divide the funds into three portions, leaving a way out.
I had him split the 800U into three parts: 300U for day trading, focusing only on BTC and ETH, taking profits with fluctuations of 2%-4%;
250U for swing trading, waiting for daily signals to act, holding positions for 2-4 days;
250U locked in a wallet, no matter how anxious, don’t touch it. Later, when BTC dropped by 5%, he timely cut losses on his day trading position, while the swing position and the reserve were still intact — if he had gone all in, he would have lost it all early on.
Second rule: Only chase trends, do not waste time on sideways movements.
The market spends 80% of its time in consolidation; at the beginning, Xiao Yu traded every day, and by the end of the month, he paid over 80 U in fees without making any profit.
Later, I taught him: wait for signals; act only when there are signals, and withdraw half of the profits when you gain 12%.
Last month, when ETH had a golden cross, he entered and gained 15%, and according to the rules, he withdrew half of the profits, earning some more with the remaining.
Third rule: Rules first, manage emotions.
I set strict rules with him: the loss for a single trade should not exceed 1.2%, leave when the time is up;
If profits exceed 2.5%, cut the position in half; never average down on losses.
Once, when SOL dropped by 1% and was close to the stop-loss line, he cut it according to the rules, and that day SOL dropped another 3%, preserving his principal.
Having a small principal is not scary; what’s scary is the desire to "turn the tables in one go".
Xiao Yu went from 800U to 28,000 U not by luck, but by rules, patience, and not being greedy. Do you have a direction for your few thousand U?
First, establish these three disciplines; walking steadily is faster than anything else.
I have already lit the "light"; it’s up to you whether you are willing to follow steadily, after all, money earned slowly can be kept. @Yaya丫