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Don't remind me again today

Staring at the screen at two in the morning, the glaring red of my account balance left me completely numb. With a principal of 1200 yuan, I ended up losing it all to 183 yuan due to my reckless operations. My finger hovered over the "deposit" button, and suddenly I jolted—throwing more money in would just be giving it away to the market, right?



That night I shut down the software and transferred the remaining 183 to the cold wallet. I cursed myself in front of the blacked-out screen for a full ten minutes: either admit defeat and uninstall the APP now, or treat this account like an ICU ward, first find a way to survive, and stop always thinking about getting rich.

I have been in this industry for six years, and I have seen as many stories of getting rich as I have seen disastrous liquidation cases. It wasn't until I got badly hurt myself that I understood one principle: trading is never as simple as betting on highs and lows; the core is how to keep the account alive longer.

The following rules are survival experiences that I have bought with real money. With these, I climbed from 183 to six figures in eight months. Those who understand these will at least be able to avoid three years of detours.

**Rule 1: Stop-loss is like putting in a pacemaker; don't leave room for a lucky mentality.**

I used to comfort myself: "Just wait a little longer, maybe it will bounce back" "At worst, I can just hold on until I break even." As a result, there was one time when I held on and directly lost half of my position - it was then that I realized that a stop loss is not a way to cut losses and admit defeat, but a necessity to extend the life of the account.

I set a strict rule for myself: the maximum loss per trade is controlled within 1.5%. With a principal of 183, the maximum loss per trade is 2.7. Even if I make seven consecutive wrong trades, the total drawdown would only be 10.5%, and the probability of recovering in the eighth trade is still quite high. But if I hold onto a trade once, it might directly send the account away.

Now I'm not betting on the direction anymore, I'm betting on how long I can survive. The market trend doesn't seem right?
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PumpingCroissantvip
· 13h ago
Can 183 bucks live to six figures? Dude, this story sounds a bit far-fetched, but the stop loss trap is indeed the truth.
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OnchainUndercovervip
· 13h ago
183 yuan turned into six figures, this guy is really ruthless. But I still don't trust this kind of story, it's too easy.
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StablecoinArbitrageurvip
· 13h ago
actually the 1.5% rule is just Risk of Ruin dressed up in different clothes... been running monte carlo simulations on this exact drawdown sequence and the math checks out but only if you're also managing correlation drift between your positions. most people just see the numbers and miss the liquidity implications entirely
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