Last night around 2 a.m., a brother was crying as he sent me a voice message: 10k USD, 30x leverage, dropped less than 3%, and he was gone.

He always thought it was the leverage that ruined him. $SIREN

After reading the record, I only replied: It’s not the high leverage, it’s your position size being too heavy.

A 10k USD account, going all-in with 9,500 USD, without stop-loss, any slight market shake is enough to send you out.

But with the same 10k USD, if you only use 2,000 USD to trade, even if you’re wrong and lose 10%, it’s only 200 USD. $BEAT

So, what really harms you is never the 30x leverage.

It’s your constant desire to turn things around in one shot. $LAB

Over the years, I haven’t blown my account much, relying on three strict rules:

First, no more than 20% per trade.
For a 10k USD account, a maximum of 2,000 USD per trade. If you’re wrong, you can still survive; if you’re right, you can add gradually.

Second, never lose more than 3% of total funds.
Before opening a position, set your stop-loss first.
I accept losing 300 USD, but I don’t accept blowing up the account.

Third, don’t trade during sideways markets, don’t chase profits after gains.
I only trade when the trend is very clear.
In choppy markets, no matter how tempting, I don’t move.
Because 80% of people don’t die from being wrong, but from reckless trading.

There was a brother from Chengdu who, with 7,000 USD, blew his account 6 times in a month.

Later, I forced him to follow these three rules, and in 3 months, he grew to 21k USD without blowing up again.

He later told me something I still remember:
I used to think full position was risking everything, but I later realized that keeping some capital is actually giving yourself a chance to survive.

The most expensive thing in crypto isn’t losses.
It’s still having principal but no longer having a chance.

I don’t gamble with others’ lives, only with their ability to stay alive and make money.
If you want to turn things around, come find me. #TradFiCFD黄金大师赛 #Gate现货交易量增幅全球第一