First year? Brutal. Won maybe 2 out of 12 months. Kept blowing accounts.
Second year showed slight improvement - 4 winning months. Still inconsistent as hell.
By year three, something clicked. 5 profitable months, including back-to-back wins at the end.
Year four was the breakthrough - 7 green months. Finally felt like I knew what I was doing.
Now in year five, hitting 9 winning months so far. The difference? I stopped chasing quick gains and started respecting risk management.
Here's what nobody tells you: those red months never stop teaching. Each loss carved out a piece of ego and replaced it with actual skill.
The gap between year 1 and year 5? Thousands of hours staring at charts, journaling mistakes, and resisting the urge to revenge trade.
If you're in your first year of crypto trading and bleeding money - you're right on schedule. Most quit here. That's exactly why most never make it.
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HodlKumamon
· 18h ago
Let the data speak: from 2 profitable months in the first year to 9 months in the fifth year—if this slope could be incorporated into the Kelly formula, it would be perfect. The key point is still that—stopping revenge trading is truly the turning point. I've seen too many accounts die right there.
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TommyTeacher
· 18h ago
Really, I totally get how miserable that first year was... My account blew up more than once, and now when I look at those records, I just want to smash my phone. But sticking with it until now made me realize that risk control is everything. If only I hadn’t messed around blindly from the start.
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Making money is easy, the hard part is not losing it... This guy is right, you actually learn the most during losing months.
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Damn, only won 2 months in the first year? I blew up everything, haha. Looking at this progress now, I feel like there’s still hope for me.
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Risk control, risk control, risk control... I’ve heard it so much it’s like my ears have calluses, but how many people actually do it? The key is surviving that period when you feel worse than dead.
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Annualized returns don’t really mean much; the main things to look at are Sharpe ratio and max drawdown. Stability is king.
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LOL, friends who are still bleeding money in their first year, chin up—you’re not failures, you just haven’t succeeded yet.
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I’ve fallen into the revenge trade trap countless times... Kicking that habit is even harder than learning the technical stuff.
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Whale_Whisperer
· 12-05 04:21
Blew up my account two or three times in the first year, and I bought into this narrative.
Hmm... Risk management really is the dividing line between burning cash and making money.
Sounds nice, but how many people who make money for 9 months out of the year aren’t just relying on luck?
Revenge trading is really deadly—every time I do it, my account hits the limit down.
That's why most people get wiped out in the first year and never make it to the day they can actually turn a profit.
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ImpermanentPhobia
· 12-03 17:55
Damn, winning in the first year and 2 months? I lost everything in my first year, and I'm still reviewing those stupid decisions.
Revenge trading really is the devil; you only understand it after going through it yourself. There's no shortcut.
It's the beginning of the year again, continuing to grind on risk control, let's see if I can make it to the turning point in the third year.
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GasWastingMaximalist
· 12-03 17:41
This is truly a harsh reality. I really resonate with the part about blowing up in the first year.
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Damn, only 9 months of profit in five years. I'm still in my first year and losing heavily. How much patience does it take to endure this?
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Risk management sounds nice, but in reality, it just means you have to be ruthless and cut your losses, right?
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The part about revenge trading really hit me. Every time I try to make back my losses, I end up digging myself into a deeper hole.
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A 9-month win rate sounds pretty good, but when you break it down, it's actually not that crazy.
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The most heartbreaking part is "most people quit in the first year." I'm already thinking about quitting, which probably means I won't make it.
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Is journaling really a secret weapon or just psychological comfort? Can any experienced traders share their real-life experience?
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It does sound like motivational talk, but the logic is solid. The question is, who can actually last five years without blowing up their account?
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LoneValidator
· 12-03 17:41
Well said. My first year, I also got liquidated like crazy. Looking back now, that was all tuition. The key is you really have to tough it out. When others see you making money, they have no idea how many times your account has blown up behind the scenes.
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StakeWhisperer
· 12-03 17:35
Yeah, really, I was bleeding losses like that in my first year too. Looking back now, I realize it wasn't about trading talent at all, you just have to take the hits.
That's so true. Risk management is something you only really understand after losing real money.
When I saw his "fourth year breakthrough" part, it reminded me that I also endured about the same timeline... Reviewing my trading logs has saved me so many times.
Losing so much in a year that you start doubting life is totally normal. If you stick with it, you're already ahead of 90% of people.
Not revenge trading—this really hits home. So many accounts die because of that.
My 5-Year Trading Journey:
First year? Brutal. Won maybe 2 out of 12 months. Kept blowing accounts.
Second year showed slight improvement - 4 winning months. Still inconsistent as hell.
By year three, something clicked. 5 profitable months, including back-to-back wins at the end.
Year four was the breakthrough - 7 green months. Finally felt like I knew what I was doing.
Now in year five, hitting 9 winning months so far. The difference? I stopped chasing quick gains and started respecting risk management.
Here's what nobody tells you: those red months never stop teaching. Each loss carved out a piece of ego and replaced it with actual skill.
The gap between year 1 and year 5? Thousands of hours staring at charts, journaling mistakes, and resisting the urge to revenge trade.
If you're in your first year of crypto trading and bleeding money - you're right on schedule. Most quit here. That's exactly why most never make it.