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Don't remind me again today

Five years ago, I got on board with 5000U, and now my account has reached seven figures. I'm not bragging, this is truly not luck.



I remember that early morning, watching my account blow up by 92%, feeling completely numb. After that night, I realized one thing: surviving in this market is ten thousand times more important than making a profit.

Later, I set a few strict rules for myself.

**First of all: Take your profits out once you make money.**

Every time the profit reaches 10%, immediately withdraw half and put it in a cold wallet, and continue to roll with the rest. The principal? Absolutely no more money will be added. In the past five years, I have withdrawn 37 times, with the peak being 180,000 U in one week. The benefit of doing this is — even if everything is lost later, at least the principal is safe, and the profit can continue to snowball.

**Article 2: Don't mess around, only take the trades you are confident in.**

I have a habit when watching the market: I determine the overall direction based on the daily chart, and I absolutely avoid trading against the trend; I look for rhythm on the 4-hour chart, specifically waiting for key positions to break; finally, I enter precisely on the 15-minute chart. I open at most two trades a day, and I don't do more.

The most impressive was that wave before the LUNA crash. At that time, multiple cycles showed overbought conditions, and I placed a short position at a high level, directly earning 42% in a day. It's not that I'm so great, just patiently waiting for the opportunity.

**Article 3: Small stop loss, strive for a large profit-loss ratio.**

A single stop-loss should not exceed 1.5% of the total capital. If I have three consecutive stop-losses, I will stop trading. My win rate is actually only around 40%, but I strictly maintain a profit-loss ratio of over 5:1. Let's do the math: so what if I get 6 trades wrong out of 10? As long as the 4 correct trades can cover the losses and still leave a profit, the net value will still go up.

To be honest, most people cannot do these.

Be greedy when making money and stubborn when losing money; operating five or six times a day can eat up sixty percent of the profits in fees; what's even worse is the poor risk control awareness—last year there was a statistic that 83% of liquidations were due to adding positions against the trend and not executing stop losses properly.

This market is complicated enough, don't make it more complicated for yourself. As long as you are alive, there will be stories to tell.
LUNA-10.11%
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ForkTonguevip
· 11-29 16:51
amazing, but I just want to know if you've ever thought about just closing all positions and going to work during those 92% of the time.
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AllTalkLongTradervip
· 11-29 16:51
Bro, I've been practicing this theory for a long time, but the stop loss execution is just too difficult. I only learned to behave after getting liquidated twice. To put it bluntly, staying alive is the most important thing; making money is a secondary matter. 37 withdrawals in five years, I need to ponder this patience. What I fear the most is those who place five or six orders in a day; the fees will kill you.
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BearMarketBuildervip
· 11-29 16:47
The stop loss strategy can really save lives. My fren got liquidated for five hundred thousand just because he didn't maintain the 1.5% red line.
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NFTDreamervip
· 11-29 16:44
I have the most say regarding the issue of stop loss execution not being in place; it was exactly how I got wrecked before. Now I finally understand that being alive is much more valuable than making quick money.
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SchrodingerWalletvip
· 11-29 16:32
The stop loss discipline that this guy talks about is indeed the core of survival. I previously perished due to greed, making five or six trades a day, all just a fee farm.
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