The market is full of opportunities, but only if you live long enough. I blew up four times and lost a total of $400 before I understood this principle.
**Lesson 1: The Essence of Stop-Loss**
Many beginners don't even know what a stop-loss is. It's actually simple—each trade's maximum loss should not exceed 3% of your capital. Sounds conservative? That's because you haven't experienced the feeling of wiping out your principal.
**Lesson 2: Profitability Without Greed**
Don't expect to turn one trade into ten times. Earning a few cents per trade, doing hundreds of trades a day, and compounding over time—that's the power of compound interest. It depends on your capital size, but the logic is universal.
**Lesson 3: Frequency Over Magnitude**
Consistent small gains always beat occasional large swings. Stick to this method, and you'll find that making money isn't that hard.
My advice to all beginners is: no matter what you trade, prioritize risk management. This isn't conservatism; it's the only way to stay alive and make money.
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MEVictim
· 10h ago
The tuition fee of 400u, which is why I am now strictly adhering to a 3% stop-loss.
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MetaverseLandlord
· 10h ago
Paying 400u in tuition isn't a loss; I'm just worried that some people might lose everything and still dream of turning things around.
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CoffeeNFTrader
· 10h ago
The blood and tears lesson learned from 400u, this guy didn't lose in vain. But to be honest, a 3% stop loss is really hard for many people to do; the psychological barrier is too difficult.
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Blockblind
· 10h ago
The tuition fee of 400u, now I truly understand. I used to dream of making ten times the profit on a single trade, but now I just want to earn steadily and safely.
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GateUser-5854de8b
· 10h ago
The 400u tuition fee isn't expensive, compared to watching the account go from six figures to zero.
The market is full of opportunities, but only if you live long enough. I blew up four times and lost a total of $400 before I understood this principle.
**Lesson 1: The Essence of Stop-Loss**
Many beginners don't even know what a stop-loss is. It's actually simple—each trade's maximum loss should not exceed 3% of your capital. Sounds conservative? That's because you haven't experienced the feeling of wiping out your principal.
**Lesson 2: Profitability Without Greed**
Don't expect to turn one trade into ten times. Earning a few cents per trade, doing hundreds of trades a day, and compounding over time—that's the power of compound interest. It depends on your capital size, but the logic is universal.
**Lesson 3: Frequency Over Magnitude**
Consistent small gains always beat occasional large swings. Stick to this method, and you'll find that making money isn't that hard.
My advice to all beginners is: no matter what you trade, prioritize risk management. This isn't conservatism; it's the only way to stay alive and make money.