Discipline always comes before market conditions.

These days, I keep seeing posts like "tenfold in three days," to be honest, I'm numb to it already. Having been in this circle for 8 years, I've seen countless myths of overnight wealth, but even more stories of overnight liquidation. Starting from an initial 2000U to now managing a 1 million U account, I haven't relied on insider information nor gambled on black swan events; I’ve simply stuck to three ironclad rules to survive until now.

Today, I want to open my heart and share what I’ve summarized over the years, maybe it can help you avoid the pitfalls I once fell into.

**Rule One: Position Management is the Foundation of Survival**

When I first entered the market, I only had 2000U, but I split it into 5 parts, each 400U. I would only use one part per trade, setting clear take-profit and stop-loss levels. This sounds extremely simple, but it’s this simplicity that forms the first barrier for 90% of beginners who blow up.

I’ve seen too many newbies with 5000U going all-in, riding the wave when prices rise, panicking when they fall, and finally getting wiped out in self-deception of "it will rebound soon." At that time, I wasn’t thinking about "how much to make," my only thought was "don’t be stupid": avoid trading in unfamiliar markets, and exit immediately once hitting the stop-loss line.

Crypto market volatility is huge, and high leverage trading is basically a wealth grinder. If you use 10x leverage, a 10% adverse price movement wipes out your funds. My strict rule is: risk per single trade must not exceed 2% of total capital. What’s the benefit? Even if I judge wrong five times in a row, I only lose 10% of my total funds, leaving room to recover.

**Rule Two: Follow the Trend, Don’t Fight the Market**

"Buy the dip in an uptrend, sell the rally in a downtrend." This is trading wisdom from decades ago. It sounds cliché, but the more old-fashioned it is, the more it stands the test of time. I spent too much time studying complex technical indicators, only to realize: the big trend is what truly matters.

I often see beginners trying to bottom-fish in strong rising markets, or chasing highs in persistent downtrends. The result? Repeatedly being taught by the market. The real profit comes from doing what looks most "boring"—going with the trend.

How to judge the big trend? My approach is crude: look at the monthly chart. Filter out noise, focus on the monthly trend. If the monthly chart is in an uptrend, I only build positions near support levels, never against the trend. Conversely, if the monthly is in a downtrend, there’s no good reason to buy.

From the time my assets grew from 1 million to 2 million, I didn’t do anything complicated—just grasped the major trend over half a year, then positioned myself reasonably, letting time and trend work for me.

**Rule Three: Stop-Loss is Respect for the Market**

Many ask me how I can stick to avoiding "garbage coins." The answer is simple: when I encounter something I don’t understand, I don’t even get the chance to "hold on," because I’ve already cut losses according to plan.

Stop-loss isn’t admitting defeat; it’s protecting yourself. Every stop-loss I make is like paying tuition—learning that this trading direction is wrong. The real difference between a master and a rookie isn’t how much they earn, but how ruthlessly they control losses.

I’ve seen many accounts grow from 100,000 to 1 million, only to drop back to 500,000 in a month. The reason? Lack of discipline. They make good money when they’re winning, but when big reversals happen, they start fantasizing, stubbornly holding on, and end up losing everything.

In contrast, my annual returns may not be spectacular, but through consistent yearly accumulation, the power of compound interest manifests. From 2000U to now, I’ve relied on these three simple rules—no secrets, just discipline.