No background, no connections, no insider information, just an old laptop and an unreliable WiFi. I started from zero and turned 3000 into 3 million.

In three years, I stepped over each pit and endured each trade.

One, starting with 3000 yuan, that was the lifeline for my whole month.

In 2018, I was still working in Shanghai, earning 15,000 a month, which sounds like a lot, but I lived like a month-to-month spender.

Rent for a room in a shared apartment is 6000, squeezing out every bit after subway and takeout. By mid-month, my bank card often only has 3000 left, needing to last until next month’s payday. This little money is my 'lifeline.'

The contract was mentioned unintentionally at a colleague's dinner table.

"If the operation is correct, the multiples come quickly."

That seemingly casual remark ignited something in my mind.

I went home and immediately downloaded the exchange app, my hands were shaking. I thought, at most, I'd lose this 3000, and next month I'd be living on instant noodles.

Two, first time opening a position, made 400 in 20 minutes.

That day ETH was fluctuating around 1800; I stared at the 5-minute K-line for two hours. Based on the naive belief of 'if it rises, go long,' I opened a position with 20x leverage.

The price suddenly surged by $30, floating profit of +400 yuan.

I quickly closed my position and lay in bed staring at my account balance in a daze: it turns out earning money can be calculated by the minute.

At that moment, my heart raced, like being electrocuted. For the first time in my life, I felt like I was 'shearing' money from the system.

Three consecutive liquidations made me realize this is not an ATM.

I thought I was 'the chosen one by fate,' but reality slapped me three times in a row.

First time: No stop loss, lost 30,000 in one night.

At 3 AM, a spike pierced through my account, and the liquidation warning jumped on the screen. I saved for six months and lost everything, only left with a black ceiling.

Second time: fully leveraged, it only took a 5% drawdown to get liquidated.

I believed LTC would rise, poured all my capital in, and the market turned sharply against me, wiping out my account.

Third time: 17 hours staring at the market, surviving on Red Bull, ended up with reckless trading.

My eyes were as red as a rabbit's, mentally disoriented, seeing signals everywhere, opened five orders in the middle of the night, and woke up to just three digits left.

Since then, I finally understood:

Contracts are not ATMs; they are mirrors revealing your greed, impulsiveness, and fantasies clearly.

Four, my turning point in trading: survive with these three words.

In extreme pain, I began to 'change my persona.'

I stuck three sticky notes on the side of my computer, and these three words became my later trading rules:

• Control: single position should not exceed 15% of total capital; no matter how optimistic you are, never go all in.

• Endure: if you miss it, wait for the next wave, don’t add to your position after a stop loss; once emotions enter, the account must exit.

• Be ruthless: enter immediately when the signal comes, don’t hesitate. Hesitate for a second, and you might be stuck for a whole week.

With a fixed leverage of 5-10 times, gradually, my win rate climbed from 35% to 65%. From being a 'gambler' chasing trends, I became an 'executor' trading by rhythm.

Five, life highlight: during that BTC surge, I made ten times my investment.

In March 2023, BTC daily line broke 24,000; I watched it for a whole morning. Judgment: the breakout is valid.

I built positions in batches at 24,500, using 18x leverage, setting a stop loss at 23,500, controlling risk within a reasonable range.

Three days later, BTC shot straight to 28,000. I took profits in three parts, eventually closing one position, and my account balance flipped from 20,000 U to 200,000 U.

That night I couldn't sleep, went to the riverside to catch the wind, listening to (Boundless Sea and Sky) in my headphones, I truly felt:

Fate can indeed be turned around by oneself.

Six, don’t just look at profits; I once lost 30,000 U in one night.

My fastest time, I pulled from 10,000 U to 70,000 U trading SOL; I was so excited I almost dropped my mouse.

But the worst time was when I was too lazy to set a stop loss, thinking 'just wait a bit more,' and it really never came back.

These experiences taught me:

Don't regard a single profitable trade as strength. Nor should you see a single liquidation as failure.

True experts are forged through countless cycles of 'earn—lose—review—optimize.'

By June 2024, my account net worth broke 3 million U. On the surface, it looks glorious, but behind it is all hard work.

Seven, I want to say four things to beginners.

1. Leverage is not a demon; it’s a knife. If used correctly, it can make money; if misused, it will cut your hands.

2. Stop loss first, take profit second. Those who cannot stop loss do not deserve to trade contracts.

3. Write down your trading plan; don’t rely solely on feelings. Using your brain is not as good as using paper and pen.

4. If you're wrong, jump off the car, don't wait for the market to come back; it may not return.

Eight, written at the end.

I’m not just lucky; I’ve been liquidated too many times to learn to be afraid.

In the contract market, surviving is more important than being aggressive.

It’s okay to earn slowly; the key is not to be taken away.

From 3000 to 3 million, it’s not a leap but a step into a pit, a pit for reflection, and a reflection for progress.

In short, so-called experts are just those who can rise from the ruins and calmly place orders.

If you just entered the market, don’t rush to make money; first, learn 'not to die.'

The path of contracts is not suitable for greed or gambling; it is only suitable for being steady, precise, and ruthless.

Money in the crypto world is never 'gambled' but 'calculated.' Follow @顶级交易员大东 , and tomorrow we’ll continue discussing how to ensure every bit of your capital walks the right path.