To be honest, I have also experienced those sleepless nights staring at the screen. The account balance was like a roller coaster, and my heart raced with the Candlestick. But now? I can trade steadily from home, relying not on some mysterious talent, but on sticking to a few "stupidly simple" principles.
When I first entered the space, I made the same mistake as most people—I thought I could catch every fluctuation, but in the end, I lost my principal trying to catch them. Later, after reflecting on my pain, I forced myself to establish a system that seemed particularly "cowardly," but it was this system that allowed me to survive until now.
**Don't think about getting rich quickly, think about how to avoid liquidation**
No matter how enticing the market is, if you get liquidated once, you have to start all over again. The rules I set for myself may seem outdated, but each one is a lesson learned with real money.
If the principal is 100,000, the maximum investment for a single test should be 10,000, and the total position should be controlled within 20%. Losing hurts, but it won't be crippling.
Set a stop-loss for each trade—cut losses at 2%, no questions asked, don't wait for a rebound, just admit defeat and walk away.
Leverage? It's best for beginners not to touch it, and even for experienced traders, keep it within 10 times. The stories of "doubling overnight" with high leverage are backed by a hundred accounts that have been liquidated.
**Trade, less is winning**
The biggest trap in the market is making you feel like "you have to participate every time." In reality, the secret to making money is just the opposite—only do what you are sure of.
I only take unilateral positions, going long when bullish and going short when bearish, never flipping back and forth. If I'm wrong in direction, I accept it and don't fight the market.
Set the rules before opening a position: stop loss at 3%, take profit at 5%. Exit when the point is reached, don't waver at the last minute. Discipline is always more reliable than your "feelings."
You can open a maximum of 2 orders per day. Exceeding this number is basically emotional trading, and nine times out of ten, you'll be giving away money.
**These pits, one step is enough**
Increasing positions against the trend is the most foolish act of self-destruction. Buying more after each dip will only lead you to wait for your liquidation notice.
Frequent trading? Transaction fees can eat up half of your profits, and you may not even realize it.
"Wait a bit longer, it should rise again"—this phrase has harmed countless people. Take profits when they are in hand, don't be greedy for that last bit.
Let's take a look at the difference between the two玩法:
Wrong demonstration: Full warehouse, 20x leverage, increase positions when it drops, and ultimately hold on until liquidation. The outcome? Total loss.
My approach: 20,000 base position, strict 3% stop loss and 5% take profit, trading only twice a week. What are the results? Monthly return of 8%, annualized compound interest can reach 150%.
This gap is not caused by technology, but by discipline.
**Those who survive are following these**
Trade with spare money, stick to discipline, and operate unilaterally—these three are the bottom line.
No reckless betting, no hard resistance, no blocking from both ends — these three are lifesavers.
Contract trading is not a casino; don't gamble your living expenses on tomorrow. The market will always be there, but your principal may only have one chance.
From losing sleep to now being able to make stable profits, I have come a long way. This "dumb method" may not be cool, but it really works. Those who survive in the market for a long time are never the smartest group of people, but rather the ones who follow the rules the most.
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To be honest, I have also experienced those sleepless nights staring at the screen. The account balance was like a roller coaster, and my heart raced with the Candlestick. But now? I can trade steadily from home, relying not on some mysterious talent, but on sticking to a few "stupidly simple" principles.
When I first entered the space, I made the same mistake as most people—I thought I could catch every fluctuation, but in the end, I lost my principal trying to catch them. Later, after reflecting on my pain, I forced myself to establish a system that seemed particularly "cowardly," but it was this system that allowed me to survive until now.
**Don't think about getting rich quickly, think about how to avoid liquidation**
No matter how enticing the market is, if you get liquidated once, you have to start all over again. The rules I set for myself may seem outdated, but each one is a lesson learned with real money.
If the principal is 100,000, the maximum investment for a single test should be 10,000, and the total position should be controlled within 20%. Losing hurts, but it won't be crippling.
Set a stop-loss for each trade—cut losses at 2%, no questions asked, don't wait for a rebound, just admit defeat and walk away.
Leverage? It's best for beginners not to touch it, and even for experienced traders, keep it within 10 times. The stories of "doubling overnight" with high leverage are backed by a hundred accounts that have been liquidated.
**Trade, less is winning**
The biggest trap in the market is making you feel like "you have to participate every time." In reality, the secret to making money is just the opposite—only do what you are sure of.
I only take unilateral positions, going long when bullish and going short when bearish, never flipping back and forth. If I'm wrong in direction, I accept it and don't fight the market.
Set the rules before opening a position: stop loss at 3%, take profit at 5%. Exit when the point is reached, don't waver at the last minute. Discipline is always more reliable than your "feelings."
You can open a maximum of 2 orders per day. Exceeding this number is basically emotional trading, and nine times out of ten, you'll be giving away money.
**These pits, one step is enough**
Increasing positions against the trend is the most foolish act of self-destruction. Buying more after each dip will only lead you to wait for your liquidation notice.
Frequent trading? Transaction fees can eat up half of your profits, and you may not even realize it.
"Wait a bit longer, it should rise again"—this phrase has harmed countless people. Take profits when they are in hand, don't be greedy for that last bit.
Let's take a look at the difference between the two玩法:
Wrong demonstration: Full warehouse, 20x leverage, increase positions when it drops, and ultimately hold on until liquidation. The outcome? Total loss.
My approach: 20,000 base position, strict 3% stop loss and 5% take profit, trading only twice a week. What are the results? Monthly return of 8%, annualized compound interest can reach 150%.
This gap is not caused by technology, but by discipline.
**Those who survive are following these**
Trade with spare money, stick to discipline, and operate unilaterally—these three are the bottom line.
No reckless betting, no hard resistance, no blocking from both ends — these three are lifesavers.
Contract trading is not a casino; don't gamble your living expenses on tomorrow. The market will always be there, but your principal may only have one chance.
From losing sleep to now being able to make stable profits, I have come a long way. This "dumb method" may not be cool, but it really works. Those who survive in the market for a long time are never the smartest group of people, but rather the ones who follow the rules the most.