The First Lesson for Survival in the Crypto World: Start from 'Not Losing Money'
Three Truths Every Beginner Must Know
1. Market Survival Rate Data:
First-Year Survival Rate: 8.3%
Third-Year Survival Rate: 1.2%
Commonality of Those Who Profit for Over 3 Years: First-Year Losses < 30%
2. Cognition and Profit Relationship Chart:
[Simulation Phase]→[Capital Preservation Phase]→[Stable Profit]
Average Transition Period: 6-9 Months
3. Deadly Illusion List:
"This Time It's Different"
"Feeling Bad About Earning Less than Losing Money"
"Just Wait a Little Longer to Break Even"
Simulation Training System
1. Three-Phase Training Method:
Phase Duration Goal Assessment Criteria
Basic 1 Month Familiarize with 5 Classic Patterns Recognition Accuracy < 80%
Advanced 2 Months Establish 3 Trading Systems Maximum Drawdown < 15%
Practical 3 Months Continuous 8 Weeks of Positive Returns Average Monthly Return < 5%
2. Essential Capital Preservation Skills:
Set Stop Loss (100% Execution)
Position Calculation (Single Trade ≤ 2%)
Real Trading Transition Plan
Micro Account Plan:
Initial Capital: 500U (Loss Tolerance)
Single Trade Risk: ≤10U (2%)
Profit Target: 5% Monthly (25U)
2. Upgrading Criteria:
Consecutive 3 Months:
Positive Returns
Stop Loss Execution Rate 100%
Trading Frequency < 15 Times/Month
Can Double Capital
4. Cognition Monetization Route
1. Four-Step Knowledge Transformation Method:
Learn → Practice → Make Mistakes → Correct
(Each Cycle at Least 3 Weeks)
2. Typical Growth Cycle:
Months 1-3: Tuition Payment Period
Months 4-6: Capital Preservation Period
Months 7-12: Profit Period
2024 Training Suggestions
1. Essential Simulation Tools:
TradingView Backtesting Function
Binance Simulation Trading Account
Trading Record Analysis Sheet
2. Daily Required Course:
Review All Simulation Trades
Record 3 Mistakes
Plan Strategy for the Next Day
Buying Lessons with 500U is Better than Buying Regrets with 50,000U
Follow Mr. Huo, Walk the Path with the Strategy to Avoid Detours
Like + Follow! Mr. Huo Guides the Way to Wealth in the Crypto World!
In the Crypto World, Following the Right Leader is More Important than Skill!