Speaking of surviving in this market, I want to start with some realities.
I've seen too many newcomers rush in, dreaming of getting rich overnight, only to not even see a shadow of their principal. I went from 2000U to 380,000U, not by luck, but through these painful lessons.
**Rule 1: Cutting losses isn't late, but you must be quick** The market won't rebound just because you stubbornly hold on. When your stop-loss is hit, no matter what happens next, exit immediately. The longer you drag it out, the more it hurts. This is the simplest truth.
**Rule 2: After five consecutive losses, take a break** It's not that you're bad; your rhythm is completely off. Turn off the screen, get some sleep, and let your mind cool down. Opportunities are always there tomorrow.
**Rule 3: Profits must be realized** The numbers in your account are virtual; only the money in your wallet counts. When you make 3000U, take out a portion—this is the true proof of survival.
**Rule 4: Follow the trend, never chase volatility** The trend is your friend; sideways consolidation is a slaughterhouse. When you don't understand, don't trade. That's smarter than anything.
**Rule 5: Never risk more than 10% of your position on a single trade** Only by bearing losses can you go further. Small positions keep you alert and help you discern the right direction.
Ultimately, surviving longer here is a hundred times more important than making quick profits. The abyss is right there, but you can choose to turn away. You're here to make money, not to gamble your life—survive first, then win.
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Ser_APY_2000
· 15h ago
Stop-loss really, I've seen too many people go bankrupt because they couldn't bear to cut their losses.
Losing five consecutive trades should make you calm down; this statement hits home. How many times have I lost even more because I didn't listen?
Account numbers are all virtual; only when you withdraw the actual funds does it count. I totally agree with this.
The 10% position size rule—only with small positions can you survive longer. I have deep personal experience with this.
Trend friends, the oscillation slaughterhouse—not chasing or trading really saved me a lot of unnecessary money.
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AlphaLeaker
· 12-24 12:49
Stop-loss is indeed the truth, but most people just refuse to admit it. I only understood after losing countless times.
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RugDocScientist
· 12-24 12:48
I deeply understand the importance of stop-loss; procrastination kills silently.
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ApeWithNoChain
· 12-24 12:35
The most important thing is to cut losses; otherwise, you'll really get wiped out completely.
Speaking of surviving in this market, I want to start with some realities.
I've seen too many newcomers rush in, dreaming of getting rich overnight, only to not even see a shadow of their principal. I went from 2000U to 380,000U, not by luck, but through these painful lessons.
**Rule 1: Cutting losses isn't late, but you must be quick**
The market won't rebound just because you stubbornly hold on. When your stop-loss is hit, no matter what happens next, exit immediately. The longer you drag it out, the more it hurts. This is the simplest truth.
**Rule 2: After five consecutive losses, take a break**
It's not that you're bad; your rhythm is completely off. Turn off the screen, get some sleep, and let your mind cool down. Opportunities are always there tomorrow.
**Rule 3: Profits must be realized**
The numbers in your account are virtual; only the money in your wallet counts. When you make 3000U, take out a portion—this is the true proof of survival.
**Rule 4: Follow the trend, never chase volatility**
The trend is your friend; sideways consolidation is a slaughterhouse. When you don't understand, don't trade. That's smarter than anything.
**Rule 5: Never risk more than 10% of your position on a single trade**
Only by bearing losses can you go further. Small positions keep you alert and help you discern the right direction.
Ultimately, surviving longer here is a hundred times more important than making quick profits. The abyss is right there, but you can choose to turn away. You're here to make money, not to gamble your life—survive first, then win.