Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Honestly, I'm not a top-tier trader, and the small profits I make are just a drop in the bucket for real whales. I'm just a seasoned retail investor who has experienced margin calls and fallen into countless pits.
Last year, a fan approached me, holding $2,400, wanting to recover from previous losses. I didn't talk to him about complex concepts like moving averages or MACD indicators; I simply summarized three pieces of experience I've gained over the years.
And the result? He followed this approach for three months, and his account skyrocketed to $68,000, never experiencing a margin call.
These three rules boil down to: live to make money. How deeply you understand them depends entirely on how much respect you have for the market.
**First Rule: Money should be divided into three parts**
Split the $2,400 into three portions of $800 each, independent of each other, never borrow or transfer between them. The first part is for short-term trading—at most two positions per day. After trading, close the software and don’t watch the screen. The second part waits for a real market opportunity—if the weekly chart doesn’t show a clear bullish pattern or volume doesn’t break through key resistance, keep it idle. The third part is for emergencies—when the market plunges and margin calls threaten, use it to add to positions; protecting the principal is the bottom line.
**Second Rule: Only take a bite of the trend**
Only recognize three entry signals—if the daily moving averages aren’t bullish, stay completely out; if the market breaks previous highs with volume and the daily close is stable, then try small positions; take 30% of the principal profit and withdraw half, then trail a 10% moving stop-loss on the remaining position—don’t be greedy.
**Third Rule: Lock in your emotions tightly**
Before entering a trade, write down your plan clearly. Set a stop-loss at 3%, and have it automatically close when hit—don’t panic. When you gain 10%, move the stop-loss up to the cost price to protect profits. Sleep at midnight without fail; if you can’t sleep, uninstall the app to avoid reckless late-night operations.
The market keeps moving, but once the principal is gone, there’s no chance left. Master these three rules first, then study wave theory and various indicators.