From 6,000 to 50 million, it's not luck that got me here, but this set of strict money management rules!
To put it simply, I rely on the oldest yet most effective thing: money management.
Don't laugh, this thing is more hardcore than any technical indicators. Listen to me and you'll understand.
My "Fivefold Wealth Method": no matter how large the account is, I will only take out 1/5 of the funds to operate.
For example, with an account of 100,000, I will move a maximum of 20,000 each time, and the rest, I just watch the show with peace of mind.
Why? Because I don't win every time, but I have the "stop-loss iron rule": as soon as I lose 10%, I cut the position immediately, without hesitation!
Even if I lose 5 times in a row, I've only lost 50% of the total funds. But as long as I catch a wave, I might double it back!
This is not conservatism; it's strategy. Those who can survive are the ones qualified to get rich!
In the years I’ve been trading, I’ve stubbornly adhered to 4 strategies, each one learned through blood losses. Let me casually share two with you that can help you avoid the fate of liquidation:
1. After two stop-losses, immediately stop and review. I once impulsively added to my position after consecutive losses and ended up liquidating. I will never lose more aggressively again;
2. Never exceed 10% of my position, even if playing with 10x leverage, I won’t be greedy. The account must stay alive to continue making money.
Follow the trend, if the risk-reward ratio is less than 2:1, I won’t take the order. Trading cryptocurrencies relies on systems, not on luck. In a bull market, only those who understand position control, maintain rhythm, and can endure loneliness can reap the rewards. Remember: only the surviving retail investors are qualified to get rich!
I only trade in real markets and avoid virtual ones. Friends who want to safely avoid pitfalls and steadily profit, don’t blindly stumble in the crypto world. Keep up with the rhythm, @宝哥的带单日记 will guide you to earn steady money with winning logic!🔥
