Two years ago, I met a guy who threw 100,000 USD into the market, eyes full of wealth secrets.
Less than two months later? His account was blown to bits.
During that time, he was obsessed. Whenever the market data flickered even slightly, he couldn’t help but open a position, making dozens of trades in a single day. The trading fees ate up more than his profits. Even worse, when he saw others posting screenshots of hundredfold returns, he’d get impulsive and go all-in following the trend. The next morning, he’d wake up to see his account balance drop from 100,000 to just 5,000.
That night, he sat alone in front of his computer, smoking one cigarette after another. His eyes fixed on the candlestick chart, muttering repeatedly, "Am I really not supposed to play this…"
After the breakdown, he came to see me. I told him one thing:
"Trading should be like sniping, not like spraying with a machine gun. If you don’t understand the market data, don’t touch it. When signals are unclear, stay out of the market. The only thing you need to learn is—wait. Wait for those rock-solid opportunities."
I set a few strict rules for him: No more than three trades per day, ignore fluctuations below four-hour timeframes. Never risk more than 10% of your total funds on the first position; add more after profits, cut losses immediately. Stop-loss at 5%, take half of the profit at 20%. No greed, no averaging down, no gambling out of frustration.
Gradually, his trading started to become disciplined. His account climbed from 5,000 to 60,000 little by little, and his mindset changed too—no longer staying up all night obsessing over the market data, nor feeling anxious about missing a wave of opportunity.
The truth about this market is actually very simple: Survival is the top priority; making money is just a bonus. Anyone can learn technical indicators, but only those who can embed "stability" into their DNA truly get in the door.
Now that the bull run is picking up again, opportunities are right there. For those brothers still charging recklessly, it’s better to pause and catch your breath, follow the rhythm, and let the market send the money to you.
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AirdropHunterWang
· 11-08 07:23
Tsk tsk, this guy is too restless.
View OriginalReply0
AlwaysMissingTops
· 11-08 05:37
Ah, I used to go through this too. I've really lost a ton of money.
View OriginalReply0
ApyWhisperer
· 11-07 17:48
Another bloody lesson, don't be dominated by emotions when staring at the plate
View OriginalReply0
AllInAlice
· 11-05 08:53
Another lesson learned for free
View OriginalReply0
BagHolderTillRetire
· 11-05 08:52
$100,000 to $5,000, this move is a bit shocking to my whole family
View OriginalReply0
RebaseVictim
· 11-05 08:43
Another full-position warrior
View OriginalReply0
TokenEconomist
· 11-05 08:40
actually, this perfectly illustrates what i call the risk-adjusted ROI paradox in crypto
Reply0
GamefiHarvester
· 11-05 08:35
Once you lose a trade, you remember it for a lifetime.
Two years ago, I met a guy who threw 100,000 USD into the market, eyes full of wealth secrets.
Less than two months later? His account was blown to bits.
During that time, he was obsessed. Whenever the market data flickered even slightly, he couldn’t help but open a position, making dozens of trades in a single day. The trading fees ate up more than his profits. Even worse, when he saw others posting screenshots of hundredfold returns, he’d get impulsive and go all-in following the trend. The next morning, he’d wake up to see his account balance drop from 100,000 to just 5,000.
That night, he sat alone in front of his computer, smoking one cigarette after another. His eyes fixed on the candlestick chart, muttering repeatedly, "Am I really not supposed to play this…"
After the breakdown, he came to see me. I told him one thing:
"Trading should be like sniping, not like spraying with a machine gun. If you don’t understand the market data, don’t touch it. When signals are unclear, stay out of the market. The only thing you need to learn is—wait. Wait for those rock-solid opportunities."
I set a few strict rules for him:
No more than three trades per day, ignore fluctuations below four-hour timeframes. Never risk more than 10% of your total funds on the first position; add more after profits, cut losses immediately. Stop-loss at 5%, take half of the profit at 20%. No greed, no averaging down, no gambling out of frustration.
Gradually, his trading started to become disciplined.
His account climbed from 5,000 to 60,000 little by little, and his mindset changed too—no longer staying up all night obsessing over the market data, nor feeling anxious about missing a wave of opportunity.
The truth about this market is actually very simple:
Survival is the top priority; making money is just a bonus. Anyone can learn technical indicators, but only those who can embed "stability" into their DNA truly get in the door.
Now that the bull run is picking up again, opportunities are right there. For those brothers still charging recklessly, it’s better to pause and catch your breath, follow the rhythm, and let the market send the money to you.