Who understands the feeling of being woken up by a margin call text in the early morning?!

8 years ago, I lost 20k savings in 30 minutes during my first contract trading experience.

Fortunately, I encountered a big market trend later that allowed me to achieve a wealth leap!

Newbies, promise me you'll finish reading this!

1. Stop loss! Stop loss! Stop loss!

It's important, so I’ll say it three times!

When I first started, I always thought "it can come back", only to watch my balance drop to 0.

Now, I always set a stop loss before entering (usually run away if it drops 8-10%).

Remember: As long as you keep your principal, you don't have to worry about missing opportunities!

2. Never go all in! Position size is the bottom line.

I've seen too many people go all in with their living expenses/tuition.

When the market crashes, it's straight to the rooftop…

My approach: invest a maximum of 5% of my principal in a single trade.

Even if I lose, it doesn't affect my ability to eat hot pot; my mindset is stable.

3. Don’t be greedy with contracts! Quick in and out is the way to go.

There was a time I traded an Ethereum contract, made 9k but didn't exit.

Thinking it would double, I ended up losing 5k instead…

Contracts are like guerrilla warfare; take profit when you can and don’t get attached.

Making 10% and running away is better than hoping for more, right?

4. Discipline is much more reliable than luck.

Sometimes I clearly plan a stop loss, but when it drops, I hesitate.

As a result, I get deeper and deeper into a trap…

Now I force myself to execute like a robot.

Don’t get overly excited when it rises, and don’t panic when it falls; emotions are the biggest pitfall in trading!

Lastly, here’s the truth:

The crypto world is not a place to just pick up money; it’s a battleground that tests human nature.

Those who can survive and make money are the ones who can control themselves.

Newbies, don’t think about getting rich overnight; first learn not to lose money.

Have you ever experienced being cut? Let’s chat in the comments about how you got back up… $ETH $BTC $BNB #ETH重返3800