In the early morning of 2021, I was drinking with my friends when my phone kept vibrating.
It turned out to be a voice call on QQ from a female fan in Sichuan. On the other end of the line, she was crying and said: "100,000 USDT has only 8,000 USDT left, the mortgage is maxed out, if I lose more I can only go to the rooftop!"
I told her to turn off her phone, take three deep breaths, and then write down six sentences. 52 days later, her account returned to six figures. Today, I share it with you:
① First be an audience, then be a player
No matter how hot the new coin is, wait for three signals: the recent three days' range stabilizing, the 5-day moving average turning, and a 50% increase in trading volume. Missing one, use 5% of your funds for a trial trade; if it's not complete, just watch the show.
② Sideways is not a graveyard, it's a ticket booth
When there's a chorus of panic selling in the group, bring out the floating profits to average down. The principal is life, profit is paper; remember: only average down profits, do not touch the principal.
③ In a crash, reveal your cards; in a surge, lock the doors and windows
When the waterfall comes, look at the previous lows and panic index; if they haven't broken, don't panic; when the rocket comes, sell 30% first, and let the remaining sell with a trailing stop to let profits run.
④ Buy when the face is green, sell when the face is red
Buying on a bearish candle should meet: long body, not breaking the previous low, and increased volume; when selling a bullish candle greater than 5%, first sell half, and let the rest be managed by the take profit.
⑤ Always leave some breath
Single coin should not exceed 20% of total position, total position should not exceed 70%, and keep 30% cash as a safety cushion. Full positions are for gamblers, leaving positions is for players.
⑥ Write a "confession" every night
For losing trades, write three questions: Did I get itchy and follow the trend? Was I soft on stopping losses? Did I touch the principal when averaging down? After writing, turn off the light and go to sleep.
These six sentences are not motivational, they are "reverse survival methods."
During market fluctuations, preserving the principal is more important than making money.
If you see the right trend, patiently wait for the bottom-fishing opportunity; only those survivors are qualified to enjoy the benefits of the next wave of major market movements.
Don’t treat trading as a matter of life and death; treat it as a rank competition.
As your rank increases, the principal is just an accompanying trophy. The Qixi Festival is approaching; if it were you, would you like such a gift?