To be honest, ten years ago I was just a rookie who knew nothing, rushing into this circle with 3000U — K-line? Never heard of it. Leverage? I had to spend a long time just finding out where the button was.

Now my account holds eight figures, looking back, this money didn’t fall from the sky, nor was it some damn luck. It was gained through爆仓 (liquidation), through sleepless nights, and countless deep nights staring at screens in a daze.

Today I’m not here to boast or sell courses, I just want to talk with you about the few lifelines that kept me from dying midway over these years.

**First, admitting defeat is a thousand times more important than winning.**

In the first two years, I blew two major positions. Every time I lost, I thought “Just hold on, I’ll definitely come back” — but what happened? The market didn’t care about you at all, the hole just got bigger and bigger, watching my money turn into water. Later, I realized: once you hit the stop-loss line, no words, just turn around and walk away. The market doesn’t care if you’re right or wrong; staying alive is the only way to turn the tide.

**Second, if you make five mistakes in a row, close the software immediately.**

Sometimes the market goes crazy, no matter what you do, you’ll make mistakes. If you stubbornly stick to it, your mindset will absolutely collapse. I set a strict rule for myself: after five consecutive stop-losses, no matter how close I feel to a “turning point,” I force myself to rest. You’ll be surprised — after a sleep, all those obsessions from yesterday will be gone, lost in the clouds.

**Third, floating profits don’t count as money — only realized gains count.**

No matter how beautiful the numbers on the screen look, they are just numbers. My current habit is to take out half every time I earn 500U and put it into my wallet. During bull markets, everyone thinks they’re a genius, but when the tide recedes, what remains in your hands is real gold and silver.

**Fourth, only trade with the trend, be a spectator during turbulence.**

High leverage is wings in a trending market, but in choppy waters, it’s a meat grinder. When I can’t see the direction clearly, I’d rather brew a cup of tea and watch the show, rather than messing around with the mouse. Waiting for the wind to come is always better than reaching out and getting cut. Patience is valuable.

**Fifth, never risk more than 10% of your capital in a single position.**

Full position is gambling with your life, with your heartbeat pounding like it’s about to explode, and your mind distorting. Light positions allow you to stay calm; no matter how volatile the market is, you can still smile. Remember: always leave yourself enough bullets to turn the tide.

There are no myths on this road, only discipline. After ten years, my deepest understanding is: in this game where you can be wiped out at any moment, surviving is already the biggest victory.

I used to stumble blindly in the dark alone, but now I hold the light. The light is always on — are you following or not?