Recently, I came across an interesting case. A newcomer to the crypto world from Jiangsu started with 1200U and, in just six days, doubled it to 3000U.

He did the right things quite simply—dividing the principal into 10 parts to operate. Each part was 120U, which reserved him 10 chances for trial and error. This is the power of position sizing.

Where do many people go wrong? Full position all-in. Putting everything on one trade, and if the market moves slightly against, they get liquidated immediately. Zeroed out accounts. You've seen too many stories like this.

Besides position sizing, discipline is essential. Strict take-profit and stop-loss are the baseline. Many traders die because of "greed"—they see the right direction, take some profit, but can't bear to exit, insisting on waiting. As a result, the price reverses, turning profit into loss. Sometimes even losing the principal.

Leverage also needs to be controlled. For contract trading, 20x is enough. Those playing with 100x or 150x? Unless you're a professional trader, you're just gambling. Ordinary people really shouldn't touch it.

Here's a practical tip: 10,000U of capital is enough. No need to go for 100,000 or 1,000,000. Use large spot holdings combined with small contracts, and earn a steady 2,000 to 3,000U per month. In about three months, the principal can grow. Afterwards, just operate with profits, and your mindset will be completely different. No psychological burden, and it's easier to stay rational.

Have you seen those profit-sharing posts on major trading platforms? Look carefully. People love to show off when they make money, but who dares to post losing trades? The stories of doubling or making huge profits you see might just be survivor bias. If you're going to trade, you need to understand not only how others make money when they’re winning but also how they recover when they get beaten.

The longer you stay in this circle, chatting with traders of various skill levels, the consensus is: stable compound interest is the way to go. The dream of getting rich overnight should wake up.

Here's a simple calculation: with 10,000U of capital, earning just over 100U daily, you can make about 3,000U in a month. Converted to RMB, that’s over 20,000 yuan. This already exceeds most people's monthly salary. And this is a relatively conservative estimate.

The method isn't complicated, and market opportunities are plentiful. The difficulty lies in execution and emotional management. Some people understand this logic and know what to do but can't execute. Their mindset fluctuates—setting stop-losses but wanting to cancel, reaching take-profit but still hesitating. In the end, they fail.

If you can understand the true meaning of the three keywords: position sizing, discipline, and restraint, then you still have hope. Many have walked the trading path, but only a few survive. The difference is often not in technique but in mindset.