That year, my account was left with only 2800U.
Staring at the numbers on the screen, I felt a chill in my heart. Clearly, I hadn't misread the market direction, yet my account was repeatedly 'reset' to zero.
Why?
Because my position management was terrible to the extreme.
When it rises a bit, I'm eager to run, afraid of losing profits;
When it falls, I stubbornly hold on until liquidation before I cut losses;
After a hard-earned winning streak, the next order could bring me back to square one.
During that time, I doubted myself every day. I could read the market accurately, yet I couldn't make money, and was even losing constantly. Until one day, I suddenly realized: the problem wasn't the direction, but the position.
So, I began to try a completely new approach.
No longer going all in at once, but building positions in batches;
No longer averaging down on losing positions, but only adding to winning positions;
No longer hoping to hit a big profit in one trade, but allowing the account to grow gradually.
The rules are simple to the point of being foolproof, but executing them felt like putting on armor. When the direction is wrong, the position saves me; when the direction is right, the position amplifies my profits.
As a result, in just a few weeks, my account grew from 2800U to 11,000U.
It was at that moment that I truly understood:
The market never shows mercy; it only rewards those who know how to manage their positions.
In a big market, everyone can see it. But why do some people profit while others face liquidation?
The difference lies in whether there is a position management strategy that can help one survive until the end.
Later, I saw too many people perish due to 'greed' and 'stubbornness.'
They always think about going all in or surviving through sheer will. But those who can truly turn their account around rely not on luck, but on calmness and position control.
Position is the lifeline.
Survival comes first; making money comes second.
And I finally learned the true rules of the game after that collapse.
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