That night, I watched helplessly as my account plunged from over 400,000 USDT to just 7,000 USDT—I was completely stunned.

The candlesticks on my phone screen were jumping around, and I didn’t even dare open my position details. For several nights, I tossed and turned, unable to sleep, repeatedly asking myself: Should I never have touched contracts in the first place?

But honestly, that liquidation was what woke me up. Over more than three years, I ground my way up from 7,000 USDT to 600,000 USDT bit by bit. Looking back, I finally understood one thing—it’s often the case that doing nothing at all is the most advanced strategy.

I used to have a bad habit: I was terrified of missing any market movement. Whenever I saw a price move, I wanted to open a position. If I lost, I’d rush to make it back, staring at the charts all day like a gambler. After the liquidation, I forced myself to go through every loss record in detail, reviewing everything for two solid weeks. I discovered a harsh truth: 90% of the losses came from just two stupid habits—holding on stubbornly when the trend had clearly reversed, and refusing to close a winning position until it turned into a loss.

After that, I set three ironclad rules for myself—none of which I’m allowed to break:

**Rule 1: Never allocate more than 10% of my capital to a single position**

No matter how tempting the opportunity, I don’t add more. For example, if I’m going long on Ethereum, I’ll just use 3x leverage and test the waters lightly. If I make a profit, I pull out—never greedy. Once emotions take over, your wallet takes a hit.

**Rule 2: Always set stop-loss and take-profit targets before entering a trade**

Cut losses at 5% without hesitation; if profits reach 20%, I close half the position and trail the rest with a moving stop to lock in gains. No room for hesitation.

**Rule 3: Spend most of the time on the sidelines doing nothing**

80% of market movements are just noise. I only make a move when there’s a clear trend on the daily chart—otherwise, I force myself to stay out.

Here are a few real trades where I made solid gains:

When BTC broke out with volume at a key level, I didn’t enter too early or too late—just right in the middle. During the holding period, it swung up and down several times, but I just sat tight and ended up catching a 70% rally. It all came down to patience.

When BNB broke below a support level, I went short right away—no averaging down, no hesitation—and let it run to my target. Simple and effective.

There was another time when BTC made a fake breakout; I opened shorts in batches and set my stop-loss just above the previous high, and ended up catching a big drop.

In the end, whether or not you can multiply your account really has nothing to do with how long you stare at the charts or how complex your indicators are. It all comes down to one thing—discipline. Whether you can control yourself and stick to your plan—that’s the real dividing line between making money and losing it.