#加密货币市场动态 Last winter, a fren of mine brought 1800U to drink with me. After a few rounds, he suddenly said he wanted to learn something practical from me.

I didn't take it seriously at the time, thinking it was just a casual remark at the dinner table. As a result, three months later he sent me a screenshot of the account, where 1800U had turned into 80,000U, and he had never faced liquidation.

It’s not luck, nor is it some kind of extraordinary talent. He just did one thing right, executing to the extreme the three iron rules that I summarized from losing over a hundred thousand back in the day.

The first point, position management is the line between life and death.

That day I had him split that 1800U into three parts. 600U for short-term trading, only touching it once a day at most, and if unsure, just play dead. 600U for swing trading, if the trend is unclear, treat that money as if it doesn't exist. The last 600U is for emergencies, unchangeable.

Later, when the market crashed, while others were wailing in the group, he managed to escape unscathed because of this rule. Betting everything feels great for a moment, but a liquidation is a funeral pyre; this is not just talk.

The second rule is to only eat the fish body, don't think about the fish head and tail.

The crypto market is mostly frustrating, with only a few real big movements in a year. Are you itching to trade every day? The fees and false breakouts can wear you down. The method I taught him is very simple: if there’s no opportunity, just watch; when the opportunity comes, then take action.

When a single order's profit exceeds 20%, you must take some off the table and not fight against the market. Last week's wave of ZEC行情, he only took the middle 30% of the profit, clean and straightforward. Greed is poison; taking profits when they are good is the antidote.

Third, throw your emotions into the trash can.

You come to the market to make money, not to seek thrills. Cut losses immediately at a 2% loss, and you must reduce your position at a 4% profit. At first, he found these rules uncomfortable, feeling restricted, but looking back now, every one of them was a lifesaver.

He told me a couple of days ago that his mentality towards trading is as calm as a stagnant pool now. If he needs to cut losses, he will; if he needs to hold positions, he will. He won't lose sleep over fluctuations in his account anymore.

This market has never lacked smart people; what it lacks are those who can abide by the rules. In the end, those who survive are often not the ones with the highest IQ, but rather those who understand respect the most.

If you are still operating blindly based on your feelings, getting restless at the sight of candlesticks and always fantasizing about a turnaround, the market will eventually teach you a lesson, it's just a matter of time.