Brothers with less than 1000U, don't rush to jump in!
Let me tell you a true story.
Last year, a young man added me, saying his account only had 600U left.
He asked how to turn things around while fearing that one trade could wipe him out.
I replied with a smile: "What you need is not a secret to get rich, but a set of rules to survive."
At that time, he had just entered the market for two weeks and was doubting life after being cut.
I told him not to act yet, to follow my pace: slow, steady, precise.
A month later, his account reached 6000U;
Three months later, it broke 20,000U.
It wasn't talent, but his ability to 'endure' long enough.
I kept telling him three phrases —
Don't be greedy, don't panic, don't average down.
These three phrases have saved countless people.
Step one, diversify your funds, leave yourself a way out.
If you have 600U, split it into three parts.
One part for day trading, only looking at BTC and ETH, exiting after a 3% rise;
One part for swing trading, waiting for clear signals before acting;
One part stays untouched.
This 'idle money' is your lifeline to weather the storm.
Step two, only trade trends, avoid choppy markets.
The market spends most of its time frustrating people,
Randomly placing orders and frequent trading just gives away transaction fees.
It’s better to miss a hundred opportunities than to act rashly once.
Real experts rely not on frequency, but on accuracy.
Step three, automate stop-loss and take-profit.
Exit immediately if a single trade loses over 2%, and halve your position if profit reaches 4%.
Don't fantasize about averaging down to save yourself; that's the costliest fantasy for retail investors.
Discipline is your only 'external aid'.
Many people ask me, what does it take to turn 600U into 20,000U?
I say, it's neither skill nor luck.
It's that determination to 'steadily hold on' even when the market is at its worst.
Now that brother can trade independently,
He says every time he opens a position, he can hear me in his ear repeating:
"Don't be greedy, don't panic, don't average down."
This market is not lacking geniuses; it lacks those who can survive.
The light is already lit for me,
Whether you dare to step out of the darkness, depends on yourself.
