After three margin calls and when the account was down to only 1800 yuan, I finally understood one thing: the essence of speculative trading is not about frequent operations, but about using the smallest stop-loss to maximize potential profits.

I wrote this sentence on a sticky note and pasted it right in the center of the screen. I repeat it ten times every morning upon waking, and review and recite it ten times before bed.

Now, before each trade, I always ask myself three questions: Is this trade based on the logic of risking a little to gain a lot? Is the stop-loss set at the lowest possible level? Is the potential profit space large enough?

When I used to do day trading, I always thought about making a little money and then exiting. But the frequent operations ended up costing me a lot in fees. The losses from one stop-loss were even greater than the profits I made over several days. Later, I changed my rules: intraday trades must target at least a week's profit potential. If I’m not confident, I won’t enter.

When it came to swing trading, I became even more ruthless. I only chase opportunities that can yield profits over several months or even half a year. I remember last year when ETH rose from $1200 to $4000. I entered with a $100 stop-loss, moved the stop-loss up to the break-even point along the way, and finally made 23,000 yuan. My small account directly multiplied tenfold.

As for long-term holdings, I adopt the patience of "holding one position for years." I don’t need to watch the screen every day, just waiting for those big market moves that can achieve financial freedom in the second half of life.

Now, I no longer chase tiny profits. Because I’ve realized: the success or failure of trading doesn’t depend on how frequently you operate, but on the risk-reward ratio of each trade. Betting with the smallest cost for the most substantial returns—that’s the only shortcut for small funds to grow big in this market.