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Recently, many brothers have asked me, with less than $1,000 in funds, what should I do.
My answer has always been very straightforward: don't think about flipping the account first, think about how to survive.
Many people come in and focus on "doubling, getting rich quickly," but as soon as they start, they see 50x, 100x returns, the account looks exciting, but in reality, they are quickly pushing themselves out of the game.
The true enemy of small funds is never a lack of opportunities, but being too easily triggered.
If I only have $1,000, my approach is simple: split it up and use it, only move a small portion at a time, like $100, to experiment and learn.
The purpose of this is not to be conservative, but to give yourself "another chance."
Leverage is the same; it doesn't need to be extreme. Keeping it within 20X is enough to cover most fluctuations.
You're not competing to be the fiercest, but to see who can stay in the game longer.
Many people's problems are not that they don't know how to trade, but that they don't know when to stop.
Losing money and trying to make it back, making mistakes and trying to hold on, increasing position size after a loss to gamble it back—these actions seem like "turning things around," but in fact, they accelerate your zeroing out.
I always emphasize a few simple but difficult principles:
Before entering a trade, think about the maximum loss you can accept, and accept it when it happens;
When you make a certain profit, take some of it off the table, don't let your account go on a roller coaster;
When experiencing consecutive losses, stop instead of forcing trades;
When your state isn't right, prefer to stay out of the market.
These things may sound dull, but they determine whether you can survive the next cycle.
Trading contracts ultimately isn't about who makes money faster, but about who can survive longer.
The market is always there, opportunities are always there, what’s truly lacking is not the market conditions, but the people who can still stay in the market. $BTC