Eight years ago, I squeezed into a rental with three roommates, pooling together 8000 yuan to enter the cryptocurrency world. During the day, we lived on instant noodles while checking the market, and at night we took turns monitoring trades. At our lowest point, we went a week without a hot meal. Now, there are three more zeros in my account; others say it's luck, but only we know — that was earned through two liquidations, half a box of instant noodles, and countless sleepless nights.

At two in the morning, my phone vibrates. A private message with a crying tone: "Teacher Le, third liquidation, my wife threw my belongings out the door..." I receive such messages eight times a week. There’s always someone treating contract trading like an ATM, unaware that it’s a meat grinder wrapped in sugar coating. Money comes quickly, but goes even faster.

My trading style is very simple: the principal is always divided into ten parts, and I only use one-tenth at a time. Even if the market feels like 'picking up money', I will never increase my position. Here are the ironclad rules earned from eight years of blood and tears:

Cut losses quickly, don't be lucky

I once didn't cut losses due to a stroke of luck, and within the time it took to eat a bowl of instant noodles, my account was wiped out, and I even owed money. From then on, I understood: the stop-loss line is a lifeline.

If you lose five times in a row, shut down

Set a 'circuit breaker': if you lose five trades in a row, immediately shut down the computer. The market is a client you can't afford to offend; learning to stop is what smart people do.

Take profits

No matter how good the numbers look, they are all illusions. For every 3000 I earn, I immediately transfer half to a safe account. The bank notification sound is the most reassuring.

Only trade in markets you understand

When the direction is unclear, leverage becomes a death sentence. If you don’t understand, just watch; being unwilling to miss out will only lead to being harvested.

Light positions allow for calm

I always operate with 30 general stable assets. Holding light positions isn’t being timid; it’s reserving capital for calm analysis.

Contracts are not a shortcut to wealth, but a long-term battle. Here, traps outnumber opportunities — high leverage, false markets, and human greed can all lead you to zero.

If you also want to make a comeback in the cryptocurrency world, don't hesitate; why not follow Teacher Le and use the right methods to start your journey to wealth!