He started trading with 600,000 U. Three months later, he had only 180,000 left. He asked me: “Maybe I’m just not cut out for trading?”
Last year, Liu, a real estate investor, started trading with 600,000 U and lost over 70% in three months. When we first met, he asked: “Maybe I’m just not cut out for trading?”
Many people think that anyone with 600,000 must be a big player and really know what they’re doing. The reality is quite the opposite. The size of your capital and the level of your understanding have never been the same thing.
I looked at his trading history. The problem was simple, and it’s one that 90% of people make:
He liked chasing rallies, jumping in whenever a coin surged. He liked taking big positions, always convinced this time he’d make a fortune. He refused to cut his losses, holding on and hoping the price would come back.
$NVDAB
The result: he’d make a little on winning trades, but one losing trade would deal a devastating blow. His account was like a leaking bucket—no matter how much money he put in, it couldn’t withstand that kind of abuse.
Later, I asked him to do just one thing: put making money aside and first learn how not to lose it.
Keep position sizes under control with every trade. Set a stop-loss in advance. Walk away from opportunities you’re unsure about.
At first, it felt very unnatural. He always thought he was making money too slowly. Two months later, his account had stopped swinging wildly, and he felt more composed. Six months later, he was back above 800,000.
He said something that stuck with me: “I used to think about doubling my money in a single trade. Now I realize that truly skilled traders think about how to survive the next crash.”
$JCT
Many people study candlestick charts, indicators, and news, but few study risk.
In the end, trading isn’t about who makes money the fastest. It’s about who lasts the longest. There will always be opportunities in the market, but you only get one shot with your capital.
Losing 600,000 down to 180,000 isn’t the scary part. The scary part is losing it and still not knowing why.
Everyone who makes serious money has gone through the same stage: first learn how to survive, then learn how to make serious money.
Last year, Liu, a real estate investor, started trading with 600,000 U and lost over 70% in three months. When we first met, he asked: “Maybe I’m just not cut out for trading?”
Many people think that anyone with 600,000 must be a big player and really know what they’re doing. The reality is quite the opposite. The size of your capital and the level of your understanding have never been the same thing.
I looked at his trading history. The problem was simple, and it’s one that 90% of people make:
He liked chasing rallies, jumping in whenever a coin surged. He liked taking big positions, always convinced this time he’d make a fortune. He refused to cut his losses, holding on and hoping the price would come back.
$NVDAB
The result: he’d make a little on winning trades, but one losing trade would deal a devastating blow. His account was like a leaking bucket—no matter how much money he put in, it couldn’t withstand that kind of abuse.
Later, I asked him to do just one thing: put making money aside and first learn how not to lose it.
Keep position sizes under control with every trade. Set a stop-loss in advance. Walk away from opportunities you’re unsure about.
At first, it felt very unnatural. He always thought he was making money too slowly. Two months later, his account had stopped swinging wildly, and he felt more composed. Six months later, he was back above 800,000.
He said something that stuck with me: “I used to think about doubling my money in a single trade. Now I realize that truly skilled traders think about how to survive the next crash.”
$JCT
Many people study candlestick charts, indicators, and news, but few study risk.
In the end, trading isn’t about who makes money the fastest. It’s about who lasts the longest. There will always be opportunities in the market, but you only get one shot with your capital.
Losing 600,000 down to 180,000 isn’t the scary part. The scary part is losing it and still not knowing why.
Everyone who makes serious money has gone through the same stage: first learn how to survive, then learn how to make serious money.
