#美国核心物价涨幅不及市场预估 Have you ever met young traders who think they are the chosen ones? I have seen quite a few. Last year, I guided one — during the hot altcoin market, he quickly turned 12,000 USDT into 35,000 USDT, constantly showing off on social media, treating himself as the next legend.

But in less than two months, he came back with the remaining 2,300 USDT, looking confused: "Why is the money gone?"

I immediately saw the core issue — he was cut clean by the invisible knife of fees. Those small coins, with funding rates calculated hourly, at the most outrageous times starting at 1.8%. What does that mean? Even if the coin price stays still, your margin is being drained continuously. When the fees have eaten away most of the principal, a sudden market move by the big players can cause the account to crash.

He still naively thought "higher fees mean more popularity," but that logic is completely backwards. I told him to immediately change three things:

1. Decisively abandon small coins with excessively high fees. Contracts with over 0.5% should be avoided — those are traps set for harvesting.

2. Before opening a position, always factor the fee into the cost. Leave room for losses, and set tighter stop-losses.

3. Only trade the daily trend of mainstream coins. Those with huge volatility and deep fee pits are not worth the short-term risk.

Initially, he was quite annoyed, feeling that mainstream coins had too slow a growth. I asked him: "Are the tiny profits you make in short-term trading enough to cover a whole night’s fee?"

Later, he became more honest. He entered a trend on ETH with a light position, because the fee cost was nearly zero. As a result, he safely made a profit and his account gradually recovered.

Finally, he said something enlightening to me: "The sharpest sickle in the market is actually the one you can't see. Some game rules are inherently unfavorable to players. On a relatively fair stage, operating with self-discipline is the only way ordinary people can succeed."