For tier two traders, what matters most is not how much U is in their account, but how much money is left in their bank card.



I have at least made small investments exceeding ten million three times, thirty million, seventy million. However, after counting the cash in my bank account, it's only thirty million now. I feel quite unsuccessful; not every victory's fruit can be perfectly accumulated. Often, I only start to withdraw during significant drawdowns.

Why? Because my trading has been all about going all in, the risk control position you talk about in my eyes is either fully invested or choosing to fully invest with leverage, there are only these two options.

So it's fast to earn, especially fast. Give me a big market in a day and I can get 200wu with 7wu. I can also get 27wu with 5500u. It only takes no more than 24 hours.

But what about losses? To put it simply, it can retract 65% in just three days. For example, in the last trading session, I held a short position on Ethereum at 4300 and managed to short it at 4750. The losses also came quickly; I could lose up to 15 million in a day. With two positions, I would incur losses, one position at 12 million and another at 3 million. I wasn't in a good state that day.

So withdrawing more, spending more, and buying the necessary houses, cars, watches, and luxury goods will not make you seem extravagant. These are the things you can leave behind in the market, things you can hold onto, and they won't be transferred to the U-based contract for continued fighting at a moment's notice, risking losses.

Stay calm in the face of a major pullback. If it's yours, you can seize it, and sooner or later you'll be able to recover. It doesn't really matter how much capital you have. Of course, having a larger capital allows for more margin for error, so you can make countless mistakes. Your trading decision-making and judgment will not be affected by whether you have more or less money (there is no difference in trading Bitcoin or Ethereum whether it's dozens of dollars or millions).

I also don't like success studies, and I don't like motivational quotes. I just feel touched when I see certain phenomena or recall my own experiences. Many times, I think about how I've been beaten down by the market and life over and over again, yet I still have to get up and take the gamble. It's really quite foolish.
What if it fails? What if the last time it couldn't hold on? What if it really comes to a dead end?

So whenever someone calls me "Eagle Teacher", I really can't accept such a title. I survived at that time simply because I was lucky enough, that's all.
Someone's going to lose their little pearls again, huh? Stop crying and just keep an honest watch on the market.
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