Last year, a buddy came to me with $2,700, and his account was almost wiped out. I set three strict rules for him, and he gritted his teeth and followed them for three months—his account actually grew to $50,000, without a single liquidation along the way.



**First, how to allocate funds**
Divide the money into three parts, each serving its own purpose: $900 strictly for short-term trades, with a maximum of two trades per day—once you’re done, stop trading; another $900 is for trend trading, and if the weekly chart doesn't show a bullish pattern, treat it as if that money doesn't exist; the remaining $900 is an emergency reserve, only to be used to buy the dip when the market makes a sharp move.

**Next, how to spot opportunities**
Are the moving averages all tangled up? Then keep waiting. Is there a breakout above previous highs with volume? That’s when you can dip your toes in with a small position. If your unrealized profit exceeds 30%, cash out half—don’t get greedy.

**Finally, stick to discipline**
If you lose 3%, cut your losses immediately—don’t make excuses. Once you’re up 10%, move your stop loss to your entry price. At midnight, close your trading app—those crazy overnight moves aren’t your concern.

To put it bluntly, if you get liquidated, you're really out of the game. As long as your principal is intact, you'll always have a chance to bounce back. There’s no shortage of opportunities in the market—the only shortage is of people who survive long enough to seize them.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
MissingSatsvip
· 12-05 13:45
That's right, you have to survive. If that guy hadn't held on for three months, he would have blown up again long ago.
View OriginalReply0
NftRegretMachinevip
· 12-05 13:42
Damn, this is what they call "staying alive is more important than making money." That's just insane.
View OriginalReply0
CommunityLurkervip
· 12-05 13:36
It may be a scheme, but this guy really enforces discipline well. The key is still that saying—if you survive until the opportunity comes, you win.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)