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He was crouched on the company rooftop, smoking who knows which cigarette.
On his phone was a screenshot of his account chart, from losing over 300,000 RMB down to just 400 USD.
It's not that he never made money, but he would profit and then vomit it out, gamble again, lose again.
Borrowing money to trade, copying trades, chasing hot trends—he made every mistake possible.
During that time, he didn't dare go home, afraid his wife would ask "How was today," and afraid he wouldn't have enough money to pay the kids' tuition.
Later he said that day on the rooftop he thought for a long time, and in the end, he didn't jump because he felt unwilling.
Why can others make money, but he can only be a leek? $TST
He decided to start over.
Cleared his account, stayed calm for a whole week, and didn't touch any trades.
Then he set a rule for himself: only use 20% of 2000 USD to try trading, no adding more, no all-in, no chasing hot trends, no betting on rebounds.
Boringly steady, so steady he wanted to vomit, but his account gradually stopped bleeding.
Next, he built himself a trading model.
Only traded instruments and timeframes he understood, reviewed daily—why he entered, why he exited, where he lost, where he gained.
Wrote everything down, like keeping a diary $TAC
Later, profits started to roll in.
After each profit, he compounded and increased the position, and when he lost, he automatically reduced the position.
After winning several trades in a row, he would forcibly close all positions for two days, afraid of getting carried away.
He told me, the hardest part isn't the technique, but being able to hold back after making money.
Now his account has long recovered, and it's terrifyingly steady.
That day he messaged me, saying: "Brother Mao, I now just watch the market daily, know when to enter, when to exit, no more messing around.
Used to think trading was about fighting, now I realize it's about not fighting."
I asked if he still remembered that cigarette on the rooftop.
He said he did, but he wouldn't go up there again.
If you're also losing money in this market and don't know what to do, Brother Mao won't teach you to get rich overnight, only how to start from 400 USD and step by step get out of it.