卓桑

Grid trading can be pretty appealing too, especially if you lower the leverage. When the market fluctuates back and forth within a certain range, running it for a while can be incredibly comfortable.

That was really tough—it kept dragging back and forth, but it still came down a little. I was watching 2,200, and the wait was agonizing. I closed half of my $1.2 million short position; I’m still holding Bitcoin and a few altcoins!

Another huge run! I withdrew 200,000 just a couple of days ago, leaving 120,000 in the account. I piled into short positions before bed last night, and woke up a little after six this morning to find the account had gained nearly 300,000 overnight. Feels amazing!

Sun-ge really won big this time—he got Jing Tian, then applied for a refund under the “only refund” policy. What do you guys think?

It’s really not something you can trade frequently. Once you’re making money, you have to pause, wait for the next opportunity, and then act again. You can’t keep doing it endlessly—if you do, eventually everything will just turn into meaningless turnover.

Today a buddy of mine got free—he used 60k to go up to 33 million. He went from A5 to A8.3 in just one month, and it only took him a single month to achieve a life comeback! There are a few hundred people in the whole group watching his journey: from the very beginning, he used 8,000 USDT to take a big risk shorting gold. Then he shorted Ethereum, and later he went long Ethereum from 1800, took profit at 1940. Back then, within just a little over a week, he already hit 10 million. And recently, I went abroad to Europe for a two-week trip—during that time he used 10 million to turn it into 30 million. Today, he finally cashed everything out and withdrew! Life is truly amazing. Two months ago he was still in debt of a million; two months later, he reached financial freedom. The crypto market is a place full of miracles—if you dare to imagine and dare to act, Lady Luck might favor you one of these days!

How likely is it to use 50,000 yuan to continuously over-concentrate positions and go all in on contracts to reach 30 million? Recently, I personally witnessed a guy doing exactly that. Every time we were about to give up in despair, he showed us hope again—then he tried again himself, feeling the pain again. On this road of trading contracts, can we still make it across to the other shore?

I originally made 1 million last month, but I didn’t stop in time. When I tried to push for 2 million, I failed. Luckily, I managed to withdraw a little over a hundred thousand. Recently, I’ve been traveling in Europe—France and Switzerland—to reset my mood and set off again. Making money is for enjoying life. If you can have fun and also make money at the same time, that would be amazing.

No big deal, Boss. Even with a floating loss of 1 million dollars, that's only 1% of the account. Altcoins will definitely drop back down. Shorting is a sure win! Just think about the lab earlier

Trading is so hard. Last month I just made 1 million, withdrew a little over 100,000 to spend, and then the rest went back to the market. Being a crypto influencer might be okay too, but normal people can’t really be influencers—I’m just too normal.

Musk said that the value of SpaceX will exceed the total of the entire Earth! Bro, don’t just talk big—put up or shut up. I bought 1 million, and I’ve already lost 200,000. Now I’ve got a little bit of seed money left—can we get back to even? How about it going up to 125 first?

Chopping firewood for a hundred days, one day burning it—last week I opened such a big position and then hit a crash in the South Korean stock market. Plus, the lab cut about $40,000–$50,000; in total, I withdrew about $90,000 in a week. Now I can only tidy up my mood and start over again. A buddy of mine last week went all-in with $8,000 shorting gold, then all-in shorting Ether. After that, he went long Ether around 1810, and in just a few days he managed to make nearly $10 million. I really envy him, seriously.

I lost $20,000 last weekend, then got it back within 3 days and made a new high. This weekend I pulled back by $30,000—how many days will it take to get back up? This time I’m done—no more overconcentration in small-cap coins; I won’t hold the bag anymore！！！！My smart brothers have already started picking up my bottom!

Lab, this dog farm is really vicious. It doesn’t rebound at all. I put in a 50,000 USD position, and even if it rebounds to 0.6, it would be enough to get out and break even. Instead, I placed a stop-loss at 0.32, cut my losses—2,0000 USD gone. Another position I’m stuck with and won’t quit; if you’ve got the nerve, let it go to zero. Seriously f—ing dog behavior. SpaceX is also a dog. Originally I had planned to short US stocks long term in the near term. Last Friday night I went long and got trapped, and it just kept falling—cut me to pieces. These past three days I’ve pulled back 50,000 USD. It really hurts like hell.

My broker really cut me $40k—what a disgusting market maker. I bought at 0.6 and it’s still been halved. Brothers, should I cut my losses? Vote.

On a day when the market crashed hard, my brother Sun’s books that I bought a few days ago arrived. While holding my positions through the downturn, I finished reading the whole book. I truly admire Brother Sun’s execution and forward-looking mindset. As one of the 90s-born entrepreneurs as well, I can say that the experiences from the past few years have truly given me a lot. After a few years of getting lost in it all, I still need to set sail again, get myself standing up straight, and go out to explore and take on new challenges.

So annoying, I woke up this morning with 90k u, and in half a day it dropped to only 60k u. What the hell is this?

The weekend really had no volume at all. Last night I opened long positions on BTC and Ethereum big rallies, betting that it would break through 65,000. I kept rolling over while it was in profit, staying overnight. Then this morning, while watching a game, a single candle cascaded down and stopped me out. It was so painful. I opened a $1.5 million position and instantly pulled back $15,000. Just now I saw that EVA coin, this trash altcoin, cascading like that too. I tried to scalp the low—bought at 0.35 with a $15,000 position, and then sold in batches. I couldn’t hold it. I’m just a live greenhorn—can’t roll into this trash altcoin. If I had, I would’ve made it back with just a few tens of thousands of dollars.

Making copycat contracts just to masturbate is what you think of—sometimes it feels really great, but if you do it too often it’s not good. Still, how many people can actually resist and quit?

After spending a week finally filling the drawdown hole back in, the equity curve has reached a new high—it's not easy. The key to trading success is controlling drawdowns. Compound growth is indeed the eighth wonder, but the biggest problem here is that you can’t have a large drawdown. Yet my trading system has a fairly aggressive style: when it makes money, it does so quickly, and when it loses, it also loses quickly—profits and losses come from the same source. Since there’s no way to resolve the drawdown risk caused by the trading system, the only option is to manually intervene through periodic profit withdrawals, ensuring that the long-term performance of the live trading curve looks relatively stable. Let’s encourage each other, you geniuses!