From 6,000 to 50 million, it's not luck that I've relied on, but this set of hard and fast rules for capital management!
To put it simply, I rely on one of the oldest yet most effective things: capital management.
Don't laugh, this thing is more hardcore than any technical indicator; you'll understand once I finish talking.
My "Five-Fold Method of Getting Rich": no matter how large the account is, I only ever use 1/5 of the capital for trading.
For example, with an account of 100,000, I only trade a maximum of 20,000 each time, and the rest, I leave there and watch the show peacefully.
Why? Because I don't win every time, but I have a "stop-loss iron rule": as soon as I lose 10%, I immediately cut the position without hesitation!
Even if I lose five times in a row, I've only lost 50% of my total capital. But as long as I catch one wave, I could double it back!
This isn't being conservative; it's strategy. Only those who can survive are qualified to get rich!
In my years of trading, I've stubbornly adhered to four strategies, each earned through blood losses. I'll casually give you two that could help you avoid the fate of being liquidated:
1· After two stop losses, immediately stop and review! Don't let your emotions lead you to increase your losses!
I remember once I lost two trades in a row, got emotional, increased my position, and ended up getting liquidated, losing 10,000 USDT. Now I have a rule: two stop losses mean I immediately exit the market, even if I miss the next wave, I won’t feel sorry.
As long as I don’t get liquidated, there are opportunities everywhere in the crypto world!
2· Never exceed 10% of your position; not for getting rich, but to survive!
The biggest mistake retail investors make is going all-in, making a fortune once, then losing it all or even going to zero with one bad trade.
I trade with 10x leverage, and I only ever use up to 10% of my capital. Some say I’m conservative; I just want to say: as long as the account is alive, I can keep earning.
3· Going with the trend is king; don’t go against the trend, that’s just giving away money!
If the market is crashing and you insist on going long, or if the market is skyrocketing and you insist on going short, that’s not called skill, that’s asking for trouble.
4· A trade with a risk-reward ratio of less than 2:1? Just PASS!
I don’t gamble on small profits; I only take high win-rate + high-odds trades. Either make a big profit or take a small loss, and over time, the account curve will steadily rise.
Here’s the truth: trading cryptocurrencies isn’t about guessing; it’s about a system.
Stop rushing in blindly; not everyone can make money in a bull market. Only those who understand the rhythm, dare to control their positions, and can endure loneliness will ultimately reap the rewards!
Remember this: only retail investors who survive have the right to get rich.