Recently, I've been thinking, what is the real difference in making money in the market?
A friend started with a small principal and took three years to grow his account to seven figures. He doesn't rely on magical indicators or luck. Instead, he has clear goals and red lines at each stage.
**Initial Stage: Staying Alive Is More Important Than Making Money**
In the early days, his account had only 1000U. At this point, he wasn't thinking about high returns. The core principle was simply—don't lose too much.
He set a very simple rule for himself: risk no more than 2% per trade, and take partial profits once a 20% gain is reached. Sounds conservative? But it’s this conservatism that allowed him to survive multiple major downturns later on. Many aggressive traders were eliminated in the first adjustment.
**Accumulation Stage: Recording and Reviewing Become Habits**
When the account grew to between 10,000 and 100,000, his mindset started to change. Every trade was logged, noting why he bought and why he sold.
The most memorable incident was a coin that tripled in three days. The community was ecstatic, and many asked him why he didn’t chase. A week later, the coin fell back to its original price. That’s when he truly realized—being able to avoid losses in the market is a skill in itself. FOMO can make people lose their rationality, but recording and reviewing help keep you calm.
**Breakthrough Stage: Mentality Management Is the True Threshold**
The process of growing from 100,000 to 1 million tests your psychological resilience. The larger the account, the more each fluctuation impacts your emotions.
At this stage, having a trading partner who can balance each other out is crucial. Once, during a hot market, a fellow trader asked, "Are you sure?" which helped him stay calm and ultimately avoid a 30% drawdown. Stable growth is far more valuable than explosive gains. Stories of overnight riches are often just survivor bias at work.
**Key Cognition**
Your wealth ceiling ultimately depends on how deep your understanding of the market and yourself is. Don’t let the numbers in your account hijack your emotions and life. There are no shortcuts on this path—only strict discipline, continuous learning, and a clear understanding of yourself.
Close 80% of your positions and wait for the real big opportunities. This isn’t cowardice; it’s wisdom gained from market lessons.
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degenonymous
· 12h ago
Basically, the longer you live, the more you can earn. In the past three years, I've seen too many people go from overnight wealth to overnight bankruptcy.
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ILCollector
· 15h ago
To be honest, I believe in this logic, but it's really too difficult to execute.
That friend is definitely a tough person; I can't be as cold-blooded as him.
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Degentleman
· 15h ago
That's right, discipline is the key, but most people simply can't do it.
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After hearing stories of seven figures in three years, those who truly make it to the end are indeed the conservative ones.
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I have deep experience in record review and reflection; many times I only realize I dodged a trap after experiencing FOMO.
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The hardest part isn't making money, but preventing the money earned from losing again—that's really true.
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Finding a good trading partner is indeed crucial; a simple question like "Are you sure?" can be worth tens of thousands.
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Survivor bias is well explained; those stories of sudden wealth are told by those who survived.
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Closing 80% of positions until a big opportunity appears sounds simple, but it can really drive people crazy when doing it.
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I really dislike those who promote getting rich overnight; the fastest to die are usually these kinds of people.
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Strict discipline may sound boring, but it's the foundation of compound interest.
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A single trade with 2% risk isn't high; the problem is most people simply can't stick to this red line.
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WalletInspector
· 15h ago
Well said, discipline is the moat, not some flashy indicator.
Oh my God, this is my story. I almost chased that triple coin, but luckily I saw your article and stayed calm.
This move of closing 80% of positions is brilliant; it's about saving some ammunition for the real opportunity.
FOMO really can ruin people; so many around me have lost everything because of it.
The hardest part when starting with a small capital is maintaining the mindset; otherwise, I would have been liquidated long ago.
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EntryPositionAnalyst
· 15h ago
Attention to detail really reveals character; this guy just won by not being greedy
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Honestly, the friend who asks "Are you sure?" is the real brother—more reliable than any signal provider
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Taking profit at 20% and then leaving? Sounds simple, but when you do the math later, you'll realize that's the secret to surviving until the end
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FOMO is truly a poison; many people have given back all their profits because of these two words. It's not as shameful as you think
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I also keep a journal, but I can't stick to it for more than a week... Looks like I need to be strict with myself
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Closing 80% of a position is a brilliant move; it greatly reduces psychological pressure and helps you see the market more clearly
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The ceiling indeed depends on cognition, but the hardest part about cognition is—you don't even know when you truly "understand" something
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From 1,000 to seven figures sounds great, but those three years must have been really dull, no one talks about that
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DegenDreamer
· 15h ago
You're right, survival is indeed the top priority.
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Seven figures in three years, discipline is the real core.
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FOMO is the most harmful; I was cut like that before.
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Finding a reliable partner is so important; one sentence can save your life.
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A 2% risk with a 20% take profit combo is truly perfect.
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Some people just don't understand; steady growth is much more appealing than getting rich overnight.
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The survivor bias hit home; those stories of getting rich are all from those who survived.
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I also stick to reviewing trading logs; gradually I’m getting a feel for it.
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Psychological resilience is really the ceiling; the bigger the account, the more it tests human nature.
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Close 80% of positions and wait for big opportunities—that's not being timid, it's being rational.
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Discipline is easy to talk about but very hard to practice.
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You need to have a clear understanding of yourself; otherwise, you won't go far on this path.
View OriginalReply0
BlockchainArchaeologist
· 15h ago
Staying alive is more important than making money, this statement really hits home.
It sounds nice, but there are actually very few people who can truly do it.
Honestly recording and reviewing this process may seem boring, but it's this kind of boredom that saves lives.
That friend is indeed impressive, but to be honest, this kind of steady approach really tests human nature.
Recently, I've been thinking, what is the real difference in making money in the market?
A friend started with a small principal and took three years to grow his account to seven figures. He doesn't rely on magical indicators or luck. Instead, he has clear goals and red lines at each stage.
**Initial Stage: Staying Alive Is More Important Than Making Money**
In the early days, his account had only 1000U. At this point, he wasn't thinking about high returns. The core principle was simply—don't lose too much.
He set a very simple rule for himself: risk no more than 2% per trade, and take partial profits once a 20% gain is reached. Sounds conservative? But it’s this conservatism that allowed him to survive multiple major downturns later on. Many aggressive traders were eliminated in the first adjustment.
**Accumulation Stage: Recording and Reviewing Become Habits**
When the account grew to between 10,000 and 100,000, his mindset started to change. Every trade was logged, noting why he bought and why he sold.
The most memorable incident was a coin that tripled in three days. The community was ecstatic, and many asked him why he didn’t chase. A week later, the coin fell back to its original price. That’s when he truly realized—being able to avoid losses in the market is a skill in itself. FOMO can make people lose their rationality, but recording and reviewing help keep you calm.
**Breakthrough Stage: Mentality Management Is the True Threshold**
The process of growing from 100,000 to 1 million tests your psychological resilience. The larger the account, the more each fluctuation impacts your emotions.
At this stage, having a trading partner who can balance each other out is crucial. Once, during a hot market, a fellow trader asked, "Are you sure?" which helped him stay calm and ultimately avoid a 30% drawdown. Stable growth is far more valuable than explosive gains. Stories of overnight riches are often just survivor bias at work.
**Key Cognition**
Your wealth ceiling ultimately depends on how deep your understanding of the market and yourself is. Don’t let the numbers in your account hijack your emotions and life. There are no shortcuts on this path—only strict discipline, continuous learning, and a clear understanding of yourself.
Close 80% of your positions and wait for the real big opportunities. This isn’t cowardice; it’s wisdom gained from market lessons.