You might not believe it when I say this, but it's not that I suddenly had an epiphany or that I have some special talent. I just found a few set-in-stone rules—so simple even elementary school students can understand them. The key is, they really work.

First Rule: To make money, first learn not to lose it all
No matter how good your strategy is, it can't withstand a margin call.
Here's the strict rule I set for myself:
• Principal of 100,000, no single trade over 10,000, and always keep total position within 20%
• Cut losses immediately at 2%, no hesitation
• Beginners shouldn't use leverage, and even experienced traders shouldn't exceed 10x
This rule can help you avoid 90% of the pitfalls in the crypto world.
Second Rule: Do less, do it right
The market isn't about "doing more" to make money; it's about "doing it right."
I only take directional trades—either long or short. Chasing in and out just costs fees to the exchange.
• Set stop-loss at 3%, take profit at 5% before entering—better than making impulsive decisions
• Only do the first two trades each day; starting from the third, you're basically giving away money
Don’t ask me how I know this—these lessons were paid for with real money.
Third Rule: One mistake is enough for some pitfalls
• Averaging down against the trend? That’s just asking to die faster
• Frequent trading? Fees will eat up all your profits
• Not taking profits? The numbers in your account will tell you when it’s gone
I’ve seen too many people who, after making some profit, refuse to leave, waiting for "more gains," only to get wiped out in the end.
With 100,000 principal, there are two possible outcomes:
• Wrong approach: full position, high leverage, holding through losses, adding more—then getting liquidated and kicking yourself
• Correct approach: 20,000 base position, 3% stop-loss, 5% take profit, two trades per week—earning 8% monthly, over 150% annualized
Your choice.
Just remember these six words:
Must: spare money, discipline, directional trading
Avoid: all-in, holding through losses, trying to block both ends
Contracts are not a casino. Those who gamble with living expenses will end up dead in the water.
As long as your principal is intact and you're alive, you have the right to talk about "big money."