From a few thousand to 8 digits! I spent 10 years breaking out of the retail investor cycle. This year I am 32 years old, started at 22 with just a few thousand.
I experienced the alternation of bull and bear markets, went through liquidation to zero, and stepped into countless pitfalls.
But I persevered, relying on a trading logic of my own. By 2023-2024, I finally achieved an asset breakthrough of 8 digits!
In these 10 years, I have understood 3 truths:
1. Making quick money relies on luck, making slow money relies on a system.
Blindly going all in and chasing hotspots will only lead to overnight wealth and N nights of losses.
The ones who truly break out are those who establish a complete trading logic and risk management system.
2. The market is an amplifier of emotions, and 99% of retail investors perish due to emotional trading.
When prices rise, they fear missing out; when prices fall, they fear liquidation, and in the end, they all become bag holders. Emotions are poison, and the system is the antidote!
3. Masters only do two things: wait and execute. They wait for their own opportunities and decisively execute without greed or attachment.
Now I only engage in two types of trades: logical trend trades and rhythmic swing trades.
I refuse FOMO, refuse to chase highs and sell lows, and focus on "certain opportunities".