A friend once came to me with 2,700 yuan, seeking guidance. I shared the rules I had summarized from years of ups and downs. He followed them strictly, and within three months, his account grew to 50,000 yuan, all without experiencing the nightmare of liquidation.
**Rule 1: The Three-Account System, Saving Your Life Comes First**
Divide your funds into three parts. 900 yuan for short-term trading, making no more than two trades per day; after each trade, close the software and stop watching the market. 900 yuan to wait for major trends; if the weekly chart isn't showing a bullish arrangement, stay in cash and watch the show without participating. The last 900 yuan is your life-saving fund, used specifically for adding positions during dips to keep hope alive for a turnaround.
**Rule 2: Only Ride the Comfortable Middle Segment of the Trend**
If the moving averages haven't formed a bullish arrangement yet, stay out and watch. Wait until a volume breakout above previous highs occurs before trying a small position. After earning more than 30% profit, take half of the profit off the table to secure gains.
**Rule 3: Treat Yourself as an Emotionless Trading Machine**
Cut losses at 3% if the price drops to the stop-loss line, no matter how painful. Conversely, when you make a 10% profit, adjust your stop-loss to break even. Also, shut down the software promptly at midnight; I ignore all coins that are easily influenced by emotions.
In simple terms: People who get liquidated need to cut off a finger; those who lose big money need to beheaded. As long as you can preserve your principal and avoid trouble, you've already won over most people in this market. Follow these rules as ironclad trading principles, and time will naturally give you the answer.
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A friend once came to me with 2,700 yuan, seeking guidance. I shared the rules I had summarized from years of ups and downs. He followed them strictly, and within three months, his account grew to 50,000 yuan, all without experiencing the nightmare of liquidation.
**Rule 1: The Three-Account System, Saving Your Life Comes First**
Divide your funds into three parts. 900 yuan for short-term trading, making no more than two trades per day; after each trade, close the software and stop watching the market. 900 yuan to wait for major trends; if the weekly chart isn't showing a bullish arrangement, stay in cash and watch the show without participating. The last 900 yuan is your life-saving fund, used specifically for adding positions during dips to keep hope alive for a turnaround.
**Rule 2: Only Ride the Comfortable Middle Segment of the Trend**
If the moving averages haven't formed a bullish arrangement yet, stay out and watch. Wait until a volume breakout above previous highs occurs before trying a small position. After earning more than 30% profit, take half of the profit off the table to secure gains.
**Rule 3: Treat Yourself as an Emotionless Trading Machine**
Cut losses at 3% if the price drops to the stop-loss line, no matter how painful. Conversely, when you make a 10% profit, adjust your stop-loss to break even. Also, shut down the software promptly at midnight; I ignore all coins that are easily influenced by emotions.
In simple terms: People who get liquidated need to cut off a finger; those who lose big money need to beheaded. As long as you can preserve your principal and avoid trouble, you've already won over most people in this market. Follow these rules as ironclad trading principles, and time will naturally give you the answer.