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If you have less than $1,000 in principal, you can still multiply it dozens of times? Here's the most common trap for retail investors, let me tell you!
Last year, I took a friend, starting with $900, and in five months, his account exceeded $36k, with zero liquidation and zero collapse.
While others stay up late watching the market, chasing gains and selling losses, he only spends 10 minutes a day checking key levels, easily finishing his work.
Why can he do it? It's not luck, but the three key strategies—extremely simple, yet extremely stable.
First trick: Divide your position, full position is suicide
Divide $900 into three parts:
$300 for intraday trading, at most one order per day;
$300 for swing trading, only making a move once every ten days or half a month;
$300 as a safety net, with the chance to recover if lost.
Full position is self-destructive; prioritize survival before doubling your money.
Second trick: Only nibble on the thickest meat, avoid the rest
Do not trade in sideways markets; stay out if the trend is unclear.
Trade only when the trend is clear; your life depends on it, markets don't always give opportunities.
Third trick: Set rules in stone, clear your emotions
Stop-loss at 2%, as natural as eating.