Last year, I rolled 2800U into 60,000U in three months, relying entirely on three "life-saving knives".
The first knife cuts the money into "four pieces of frozen meat": 2800U is divided into 4 portions of 700U, each locked in four cold wallets, with passwords noted in different notebooks. The first portion is for day trading, with a maximum of two trades per day; I take profits quickly without averaging down. The second portion waits for the weekly chart—only trades when the moving averages open up, MACD crosses bullish, and volume breaks the previous high. The remaining two portions are for survival money, only replenished on liquidation days, and immediately frozen back after replenishment; gambling with everything is equivalent to suicide; the principal must be present for hope.
The second knife is specifically for cutting "trend thighs": in a choppy market, it’s like walking in a maze, taking time and incurring fees; I simply avoid it. If the daily chart doesn’t show a bullish arrangement, I play games; only follow in when the price breaks the previous high with volume and closes with a solid bullish candle; if I earn enough for a 30% principal, I immediately transfer half to a cold wallet, setting a 10% trailing stop loss on the rest, only nibbling on the middle, most profitable parts, not being greedy for the last pennies.
The third knife shackles emotions: before opening a position, I write a "stop-loss military order"—cut losses at 3% immediately, no holding positions; if profit reaches 10%, I raise the stop loss to the breakeven point; at 11 PM, I lock my computer, uninstall the app from my phone, and if I feel restless, I go lift weights or run. When emotions run high, the account is not far from liquidation.
In fact, only after mastering these three knives do you understand: making fewer mistakes allows you to live longer; compounding doesn’t require a high win rate, just minimize losses and maximize gains.
First learn to breathe in a bear market, then you can run in a bull market.