Eight years ago, I took tens of thousands of yuan and plunged into the crypto market. Luckily, I caught the bull market, and my account multiplied several times. Back then, I truly felt like I’d found a printing machine.
Then one liquidation wiped everything out overnight—years of money gone in a single night. Later, I restarted with the last bit of capital I had, and I completely quit the “all-in, put it all on the line” mentality.
Now when I trade, I follow a few hard rules:
If I can’t make sense of the market, I don’t touch it—I’d rather stay in cash and wait;
When I’ve made the amount I’m satisfied with, I exit—don’t get greedy, or the final profits will turn back into losses;
As soon as good news drops, be alert. Before major news comes out, reduce the position you’re holding;
For long-term trades, keep exposure light. For short-term trades, you must wait for the signal before acting;
After a big surge, if it turns into a slow, dragging grind downward, and after a crash you get a weak rebound—don’t try to bottom-fish, and don’t stubbornly hold on;
If you’re wrong on direction, admit it, set your stop, and leave.
Over the years I’ve learned this the hard way: what truly makes people lose so badly they can’t get back up is never just getting one or two calls wrong—it’s getting a call wrong and still refusing to let go.
Only today do I understand—technique determines whether you can catch opportunities; position sizing determines whether you can survive; and emotion and discipline decide whether you can stay at this table.
If it’s reposted content, just see whether there’s traffic—no need to criticize, don’t, don’t
Then one liquidation wiped everything out overnight—years of money gone in a single night. Later, I restarted with the last bit of capital I had, and I completely quit the “all-in, put it all on the line” mentality.
Now when I trade, I follow a few hard rules:
If I can’t make sense of the market, I don’t touch it—I’d rather stay in cash and wait;
When I’ve made the amount I’m satisfied with, I exit—don’t get greedy, or the final profits will turn back into losses;
As soon as good news drops, be alert. Before major news comes out, reduce the position you’re holding;
For long-term trades, keep exposure light. For short-term trades, you must wait for the signal before acting;
After a big surge, if it turns into a slow, dragging grind downward, and after a crash you get a weak rebound—don’t try to bottom-fish, and don’t stubbornly hold on;
If you’re wrong on direction, admit it, set your stop, and leave.
Over the years I’ve learned this the hard way: what truly makes people lose so badly they can’t get back up is never just getting one or two calls wrong—it’s getting a call wrong and still refusing to let go.
Only today do I understand—technique determines whether you can catch opportunities; position sizing determines whether you can survive; and emotion and discipline decide whether you can stay at this table.
If it’s reposted content, just see whether there’s traffic—no need to criticize, don’t, don’t
