Making money only requires a single wave of rise, while losing everything often takes just one prick of a needle.
I am A-Jun: deeply rooted in the crypto world for 8 years, starting with a small capital of 1500U, and now firmly standing with an 8-digit account, relying not on luck to escape the peak, nor on betting correctly on the market, but through blood and real money, summarizing five iron rules for survival in contracts.
The contract is the sharpest double-edged sword; some people rely on it to reach the top in one step, while more people are struck down by it.
I have seen countless traders who were boasting about their profits the night before, only to retreat in silence the next day.
The difference between people has never been about how skilled they are technically or how accurate their information is, but whether they have a set of rules that can save their lives, taking their fate into their own hands.$ENJ
These five rules are my lifelines in the crypto world. Understanding one can save you hundreds of thousands. Keep these five rules, and you can survive in this brutal market.
First: Cut losses on wrong orders; never hold onto the hope of a rebound.
The market will not reverse just because you are reluctant to cut losses; stop loss at the point and exit immediately.
Decisively recognizing losses is dignified and is much better than blowing up your account, allowing you to return to the field next time.
Second: If you make five mistakes in a row, immediately shut down and exit.
When the market is chaotic and your mindset is unbalanced, stubbornly holding on = losing money.
After making five consecutive mistakes, immediately close the software and stop, look again after a night, the trend is often clear at a glance.
Third: Profits must be withdrawn; only cashing out is real money.
Floating profits in the account are just numbers; if not withdrawn, they can be swallowed by the market at any time.
Every time you make a profit, decisively withdraw half; the earnings you keep in your wallet truly belong to you.$BAN
Fourth: Only follow trends, do not engage in volatile markets.
In a one-sided trend, high-leverage contracts are a money printing machine;
In a volatile sideways market, no matter how high the leverage, it is just a meat grinder.
If you can't understand the direction, stay flat with no positions; wait until the trend is clear before taking action, and hit with certainty.
Fifth: Strictly control positions, never exceed 10% of the principal
Refuse to go all in, refuse to let one bet determine win or lose.
Use only 10% of the principal for each position, be able to lose, withstand it, and maintain a stable mindset so that operations can be calm.
The crypto market has never been a casino for overnight riches, but a long-lasting battle where the remaining ones are kings.
Ingraining these five iron rules into your bones: do not be greedy, do not hold, do not gamble, do not panic; only then can you laugh until the end amidst the bull and bear transitions.
If you are still blindly chasing orders, repeatedly losing, and holding onto positions that burst, and you don't want to be harvested by the market anymore,
Come find Jun Ma, follow the right people, make the right trades, adhere to the right rules, and together we can make steady profits in the crypto world and safely reach the shore!