He has a habit. In the past, I always found it quite strange.
When the account makes a profit, he withdraws part of it first.
I asked him, “The market is doing so well now—why don’t you keep rolling it over?”
He smiled and said, “Because the money is still in the account. I don’t think that counts as money.”
He only came to understand that after trading crypto for seven years. He went from 10k U to 100k U, and he also went through streaks of profitable trades, heavy positioning, holding through drawdowns, and then giving back profits. At his worst, even though the account had already earned a lot, he still ended up handing back a big chunk to the market—after increasing his position size several times in a row.
Later, he reversed it. Before entering a trade, he first determines how much loss he can tolerate at most, rather than calculating how much he could possibly make. If the market hasn’t reached his level, he doesn’t open a position just because he’s itchy to trade. If he makes a few wrong judgments in a row, he stops immediately. Most importantly, real profit starts to get locked in. After finishing one stage, he takes some of it out. That way, in the next trade, at least part of the money in the account is no longer tied to the market’s fluctuations.
He told me that now, when he sees a coin suddenly surge upward, his first reaction isn’t whether he can still chase it—it’s what he’ll do if he enters at the wrong time. That’s the biggest change he’s made over these years. Before, he traded to look for opportunities. Now, he trades by filtering out opportunities that aren’t worth taking. From 10k to 100k—what changed him was finally realizing that after you make money, what you’re most afraid of isn’t a pullback in the market, but yourself suddenly thinking that you can do anything. @币神z $FTT
When the account makes a profit, he withdraws part of it first.
I asked him, “The market is doing so well now—why don’t you keep rolling it over?”
He smiled and said, “Because the money is still in the account. I don’t think that counts as money.”
He only came to understand that after trading crypto for seven years. He went from 10k U to 100k U, and he also went through streaks of profitable trades, heavy positioning, holding through drawdowns, and then giving back profits. At his worst, even though the account had already earned a lot, he still ended up handing back a big chunk to the market—after increasing his position size several times in a row.
Later, he reversed it. Before entering a trade, he first determines how much loss he can tolerate at most, rather than calculating how much he could possibly make. If the market hasn’t reached his level, he doesn’t open a position just because he’s itchy to trade. If he makes a few wrong judgments in a row, he stops immediately. Most importantly, real profit starts to get locked in. After finishing one stage, he takes some of it out. That way, in the next trade, at least part of the money in the account is no longer tied to the market’s fluctuations.
He told me that now, when he sees a coin suddenly surge upward, his first reaction isn’t whether he can still chase it—it’s what he’ll do if he enters at the wrong time. That’s the biggest change he’s made over these years. Before, he traded to look for opportunities. Now, he trades by filtering out opportunities that aren’t worth taking. From 10k to 100k—what changed him was finally realizing that after you make money, what you’re most afraid of isn’t a pullback in the market, but yourself suddenly thinking that you can do anything. @币神z $FTT
