To be honest, when your account balance is less than a million, stop thinking about financial freedom.



To survive longer in this market, the first thing is not to dream, but to grow your account. From tens of thousands to tens of millions? That's basically a fairy tale. But rolling from tens of thousands to millions can really be done, as long as the method is right.

When the account is small, the ability to withstand risks is weak. Only when the account grows larger does one gain confidence. Think about it, with one million in hand, even if only dealing with spot trading, encountering a 20% fluctuation means earning 200,000 - there's no need to open high-leverage contracts, no need to gamble one's life, just execute according to the plan. If you haven't even accumulated your first pot of gold, what is the point of talking about larger numbers?

Many people have misunderstandings about rolling positions. True rolling positions are not about opening high leverage every day and charging blindly, but rather waiting for big opportunities. Usually, it's enough to maintain a light position and survive; when a big cycle arrives, then increase the position significantly to make a leap in one wave of market movement. Ordinary people do not need to seize a hundred opportunities to change their fate; capturing three or four major cycles is enough.

There are actually three rules for rolling over positions:

First, being able to remain in cash is a skill. When you can't understand the market, staying alive is more important than anything else.

Second, only follow the trend, do not engage in fluctuations. Enter only after confirming a breakout for a higher win rate.

Thirdly, when the time comes, be decisive. Hesitation will only cause you to miss the main upward trend.

The opportunity for this market to truly turn around happens at most once or twice a year. If you can wait, see clearly, and take action, it’s enough to change a lifetime.

Don't rush to talk about dreams; first, build up your principal. Once your account has substance, the story truly begins.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)