Nine Years of Highs and Lows, from $1,000 to 30 Million: Nine Rules That Kept Me Alive

I once lost my entire 200,000 yuan trading capital in a single day. Liquidations, debt, collection calls—at night, all I could see with my eyes closed were candlestick charts and bills. At my lowest, even sleep felt like paying off debt. Later, with just 1,000 USDT left in my pocket, I sat back down in front of the screen. I no longer dared dream of getting rich overnight; I just wanted to survive.

Nine years later, after my account had grown to 30 million, I finally understood: the scarcest thing in crypto has never been opportunity, but people who live to see the next cycle. $GNS

1. The less capital you have, the more you need to rein in your ambitions. Trade only the market action you understand, and don’t go all in or stake all your hopes on a single night. With a small account, the first goal isn’t to double your money—it’s to avoid hitting zero.

2. When good news is everywhere, don’t be the last one left holding the bag. Many stories have already run their course before the news breaks. The excitement as prices surge is often just a smokescreen for investors cashing out.

3. Before the Nonfarm Payrolls report, CPI releases, or rate decisions, reduce your position if you can’t see a clear direction. A battle you don’t understand is one you’re better off not fighting. Losing less is often worth more than earning more.

4. Keep your position small for medium- and long-term trades. The longer you hold, the more can change. If your position is too large, the slightest gust of wind can shake you out of the market.

5. For short-term trades, follow the larger trend. In an uptrend, wait for a pullback; in a downtrend, wait for a rebound; when the market moves sideways, avoid overtrading. If the market offers no path forward, forcing your way in will only hurt you.

6. Learn to read the market’s breathing. Don’t rush to short a slow climb, and don’t get carried away chasing a sudden surge. After a sustained, sharp rally, be especially wary of the tide going out.

7. If you’re wrong, admit it. A stop-loss is the price you pay to stay alive. Exit when your stop is hit; don’t let a short-term mistake become a long-term shackle. Refusing to cut your losses isn’t conviction—it’s wishful thinking.

8. For short-term trades, watch the 15-minute chart, but don’t let indicators lead you by the nose. Look at volume, trend, and key levels together. Indicators are a tool, not an oracle.

9. If you keep making mistakes, stop trading. Don’t get cocky after a win or lose your head after a loss. If you’re not in the right frame of mind, close the app. Stepping away from the charts is sometimes part of trading, too.

My biggest lesson from these nine years is this: skill determines how high you can climb, but risk management determines how long you can stay. Crypto has no shortage of get-rich-quick stories. What’s rare are people who can still bring their money home after making it.

Survive first. Then think about turning things around. @鑫鹰说财 #9月CPI来袭原油美债走势如何