From liabilities of over 8 million to earning tens of thousands of yuan per month now, I want to share with you the real feelings I’ve experienced along this journey.

I still remember that night three years ago, looking at the chaos after the account was wiped out, owing more than 8 million yuan. That despair was truly indescribable. Standing on the rooftop smoking, I felt I was completely finished. But today? Earning tens of thousands of yuan a month is no longer a rare thing.

So what exactly happened? Actually, there’s nothing mysterious about it, just one sentence: cut losses when wrong, hold on tight when right, small losses for big gains. It sounds simple, but truly understanding and executing it requires paying a bloody price.

**First thing: Look at the big trend, don’t fight against it**

Observe the 5-day moving average. When it’s up, only go long; when it’s down, only go short. This is the simplest logic, yet it’s the one most people are unwilling to accept.

I’ve seen too many people clearly in a downtrend, yet always trying to catch the bottom. Do you know the result? They don’t catch the bottom, but instead get buried halfway up the mountain. Those who truly make money understand one principle: once a trend forms, its vitality exceeds your imagination. It’s not about predicting the top or bottom, but following the trend until clear reversal signals appear.

**Second thing: Try small first, control your position**

Find opportunities where a stop loss is only 1 yuan, and the potential to multiply your earnings tenfold. Such opportunities usually appear at the bottom of a market just starting to move, and even if you lose, it’s just a meal’s worth of money.

Too many people throw all their funds in at once. That’s not trading; that’s gambling. My approach is to start with a small position to test the waters, confirm the direction is correct, then gradually add positions. Don’t underestimate position management; it’s often more important than the entry itself.