I am not a master, just a survivor who has been liquidated and cut losses.
Last year, a brother from the same dorm came to me with 4000U, saying he wanted to turn things around.
I didn't give him Bollinger Bands, nor did I talk about RSI; I only gave him three 'iron rules' that I personally dug out from the pit. Four months later, his account grew to 60,000U, with no liquidations in between.
Today, I’m sharing these three rules with you. How far you can execute them depends on how much you fear the market and how tough you are on yourself.
Iron Rule One: Cut the principal three times, prioritize survival before discussing profit.
Before entering with 4000U, I had him split it into three parts, each 1300U, and label the wallets, never to merge.
① Intraday Cut: Only trade the first 4H K with significant volume for the day; if the signal is not right, immediately shut down the computer. A maximum of one position per day to prevent itchy hands tax.
② Trend Cut: If the weekly chart hasn’t shown direction and hasn’t broken through the previous high with volume, treat the account like a turtle and don’t move no matter who advises.
③ Lifesaving Cut: Only use it in extreme situations like sharp spikes or when margin is urgent; withdraw immediately after filling it, never increase the position to gamble on a reversal.
Liquidation can break your hands, but losing the principal means losing your life; as long as you have chips, the table is still there.
Iron Rule Two: Only bite the fish body, leave the head and tail for others.
In the past, I wanted to bite every fluctuation, but the fees bit me back. Now I only wait for three signals:
1. 4H EMA bullish arrangement is formed;
2. Price breaks through the previous high with volume and stabilizes for 4 hours;
3. When profits reach 20% of the principal, withdraw half to pocket it, and set a 5% trailing stop for the remaining half position.
Eating what’s in your mouth is real meat; the rest of the whole fish can be showcased by experts.
Iron Rule Three: Treat yourself like a robot, zero emotions.
Before opening a position, fill in the 'five-second card': entry price, stop loss price, take profit price, position %, reason; if any item is missing, do not open.
Stop loss is strictly at 2%; if the price hits, cut automatically, without giving yourself a blink of time;
If floating profit exceeds 8%, immediately pull the stop loss to the cost price; at worst, it’s just wasted effort, never incur losses.
Every day before shutting down, review the trades; don’t get high on profits, don’t scold losses, just ask one question: Was discipline executed? If not executed, write it ten times to remember.
The market won't give you an extra signal just because you are smart, but it will take away all your chips because of one piece of luck.
If you are also struggling in contracts, fearing pitfalls and wanting to make discipline more stable, we can talk more about the details in practice @招财宝哥 .
Last year, a brother from the same dorm came to me with 4000U, saying he wanted to turn things around.
I didn't give him Bollinger Bands, nor did I talk about RSI; I only gave him three 'iron rules' that I personally dug out from the pit. Four months later, his account grew to 60,000U, with no liquidations in between.
Today, I’m sharing these three rules with you. How far you can execute them depends on how much you fear the market and how tough you are on yourself.
Iron Rule One: Cut the principal three times, prioritize survival before discussing profit.
Before entering with 4000U, I had him split it into three parts, each 1300U, and label the wallets, never to merge.
① Intraday Cut: Only trade the first 4H K with significant volume for the day; if the signal is not right, immediately shut down the computer. A maximum of one position per day to prevent itchy hands tax.
② Trend Cut: If the weekly chart hasn’t shown direction and hasn’t broken through the previous high with volume, treat the account like a turtle and don’t move no matter who advises.
③ Lifesaving Cut: Only use it in extreme situations like sharp spikes or when margin is urgent; withdraw immediately after filling it, never increase the position to gamble on a reversal.
Liquidation can break your hands, but losing the principal means losing your life; as long as you have chips, the table is still there.
Iron Rule Two: Only bite the fish body, leave the head and tail for others.
In the past, I wanted to bite every fluctuation, but the fees bit me back. Now I only wait for three signals:
1. 4H EMA bullish arrangement is formed;
2. Price breaks through the previous high with volume and stabilizes for 4 hours;
3. When profits reach 20% of the principal, withdraw half to pocket it, and set a 5% trailing stop for the remaining half position.
Eating what’s in your mouth is real meat; the rest of the whole fish can be showcased by experts.
Iron Rule Three: Treat yourself like a robot, zero emotions.
Before opening a position, fill in the 'five-second card': entry price, stop loss price, take profit price, position %, reason; if any item is missing, do not open.
Stop loss is strictly at 2%; if the price hits, cut automatically, without giving yourself a blink of time;
If floating profit exceeds 8%, immediately pull the stop loss to the cost price; at worst, it’s just wasted effort, never incur losses.
Every day before shutting down, review the trades; don’t get high on profits, don’t scold losses, just ask one question: Was discipline executed? If not executed, write it ten times to remember.
The market won't give you an extra signal just because you are smart, but it will take away all your chips because of one piece of luck.
If you are also struggling in contracts, fearing pitfalls and wanting to make discipline more stable, we can talk more about the details in practice @招财宝哥 .
