Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Last year, a fren came to consult me with a capital of 1800 and went straight to the point, saying he wanted to learn some real skills. I thought he was just here to join the fun, but unexpectedly, three months later, he managed to grow his account to 75,000 without ever getting liquidated.
He is not a genius, nor has he had any luck. To put it bluntly, it's just because he listened to advice and strictly followed the three rules of survival that I have learned after years of paying tuition.
**Rule No. 1: Divide your position into three parts, going all in is a dead end**
The most common mistake beginners make is to go all in. When the market rises, they become overly confident, and when it falls, they lose their composure, completely at the mercy of market conditions.
I divided his 1800 into three accounts: 600 for day trading, with at most one trade a day, and I would withdraw immediately if something felt off; 600 for swing trading, waiting for the trend to become clear before making a move; and 600 for holding, treating it as if it didn’t exist. As a result, during that big drop, he came out unscathed and even made a decent profit.
**Rule Two: Only eat the fish body, gluttony brings no good fruit**
The cryptocurrency market is mostly in a sideways trend, and if you keep staring at the market every day and can't help but trade frequently, the fees combined with false fluctuations can gradually eat away at your profits.
The correct approach is: when there is no clear direction, treat the market as nonexistent, and wait until a real opportunity arises before decisively taking action. As long as a single profit exceeds 20%, immediately take some off the table and don't stubbornly resist the market.
ZEC performed well in that wave, steadily holding onto the core upward position, earning 30% in one go, and exiting very decisively.
**Rule Three: Be a money-making machine, don't get emotional**
Many people treat trading like a romance, thinking that there will always be a rebound and a way to break even. You have to see yourself as an emotionless trading machine: as soon as you lose 2%, you must cut losses, and as soon as you gain 4%, you need to reduce your position.
He was initially conflicted, but now he understands—that every rule is a lifeline. A couple of days ago, he told me that his heart rate is very stable when watching the market, he doesn't feel pain when cutting losses, and he's not anxious about holding positions.
This market is actually very fair: it's not the smartest people who win, but those who can stick to their discipline.
If you are still being held hostage by your emotions, itching to make a move whenever you see fluctuations, constantly dreaming of getting rich quickly, the market will eventually get the better of you. On the contrary, if you are still caught up in confusion, rather than continuing to resist, it would be better to first adjust your mindset.
Really, discipline > talent, I admit this.
You're right, Full Position people are all foolish, I've seen too many Get Liquidated cases.
But can a stop loss of 2% really be achieved? I break defense every time.
Emotional trading is really a terminal disease, tears fall when cutting loss.
All in is a dead end, that's how I lost everything.
This fren's mindset is indeed better, much more rational than mine.
The key is still to hold on, not to panic when Fluctuation comes.
Those who listen to advice make money, while those who don't become suckers.
Making 20% and running sounds simple, but it's really hard to do.
Going all in is truly a terminal illness; that's how I wasted my play.
Emotional trading is the deadliest; you can really see who the suckers are when it's time to cut loss.
This strategy of three positions is indeed brilliant; let's see if I can live as comfortably as he does.
Making money relies on discipline, not luck; that's true, but few people can actually do it.
These three rules are explained fairly clearly, but the key is still execution; most people die on that front.
Only eating the fish body and not the head or tail; this metaphor is convincing; greed indeed leads to a bad end.
I think the hardest part is still the third rule; adjusting your mindset while watching the market is really not that easy.
Turning 1800 into 75,000 in less than a year? I've heard a lot of such stories in the crypto world, but how many people can actually replicate that?