$SNDK ⚠️⚠️ Three time debts are overwhelming—three times you make it to shore! I finally understood!
Many people have made money, but they didn’t keep it! It’s all the same: chopping wood for a thousand days and burning it all in one day!
First, treat liquidation as a normal, recurring occurrence—because the more you trade, the more inevitably a “black swan” will appear!
No matter how good the plan is, it doesn’t help. People are products of emotion. When making money, everyone can have a good mindset and know when to take profit!
When losing money, you need to control it—out of ten times, control it nine times; still, one time will get out of control and you’ll get carried
So profits and principal must be separated. Most important: never lose back both the principal and interest together!
For example, put 50,000 in your account to trade. Once you earn 1,000 or more, sell immediately—don’t hesitate at all! The money from selling must be forcibly isolated: keep only a bit of living expenses in your card, Alipay, and WeChat at most.
Because when you get carried away, you can’t control yourself—you only want to top up and try to get back the losses!
Put the money with your wife, parents, and tell them that no matter how they ask you for it, you will give them at most 10,000 for themselves.
Alipay, WeChat, cards, etc., in financial products with fixed terms like 3 months, 6 months, 1 year—products that cannot be redeemed early!
The purpose of all this is to forcefully isolate your funds, and always leave yourself a fallback! That’s why those wealthy tycoons set up family trusts—to receive money each month, because they’re afraid their children will waste it!
Of course, when liquidation happens—say your liquidation is 50k—by then you might have already sold 20k, 30k, 50k, 10w, 20w, or even 500,000!
Even if it liquidates, you won’t panic inside, and then give yourself a one-month “cooling-off” period to start over from the beginning! Always leave yourself a fallback
$XAU $BTC
Many people have made money, but they didn’t keep it! It’s all the same: chopping wood for a thousand days and burning it all in one day!
First, treat liquidation as a normal, recurring occurrence—because the more you trade, the more inevitably a “black swan” will appear!
No matter how good the plan is, it doesn’t help. People are products of emotion. When making money, everyone can have a good mindset and know when to take profit!
When losing money, you need to control it—out of ten times, control it nine times; still, one time will get out of control and you’ll get carried
So profits and principal must be separated. Most important: never lose back both the principal and interest together!
For example, put 50,000 in your account to trade. Once you earn 1,000 or more, sell immediately—don’t hesitate at all! The money from selling must be forcibly isolated: keep only a bit of living expenses in your card, Alipay, and WeChat at most.
Because when you get carried away, you can’t control yourself—you only want to top up and try to get back the losses!
Put the money with your wife, parents, and tell them that no matter how they ask you for it, you will give them at most 10,000 for themselves.
Alipay, WeChat, cards, etc., in financial products with fixed terms like 3 months, 6 months, 1 year—products that cannot be redeemed early!
The purpose of all this is to forcefully isolate your funds, and always leave yourself a fallback! That’s why those wealthy tycoons set up family trusts—to receive money each month, because they’re afraid their children will waste it!
Of course, when liquidation happens—say your liquidation is 50k—by then you might have already sold 20k, 30k, 50k, 10w, 20w, or even 500,000!
Even if it liquidates, you won’t panic inside, and then give yourself a one-month “cooling-off” period to start over from the beginning! Always leave yourself a fallback
$XAU $BTC