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!

#ETHETFS