Futures
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Trade European-style vanilla options
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I once extremely divided 1200U into 3 parts, each with 400U and 100x leverage. This means: if the judgment is correct, a 1% fluctuation doubles the position; if wrong, 400U is instantly wiped out. Surviving depends entirely on sticking to five ironclad rules to suppress impulsiveness.
First Ironclad Rule: Stop loss like amputation; holding on blindly is suicide.
I once blew up my account by hoping for a "rebound." Later I understood: the stop-loss line is a lifeline. Hit the line and exit immediately, with no hesitation.
Admitting loss is a skill; pretending to be dead is foolish.
Second Ironclad Rule: After five consecutive losses, immediately trigger a "circuit breaker."
Continuous losses mean the rhythm is broken and the market is chaotic. I set up a "circuit breaker": after five wrong trades in a row, force shutdown. Step away from the screen and trade again after overnight. A clear mind is more valuable than aggressive operations.
Third Ironclad Rule: Lock in profits "on the spot"; floating gains are illusions.
No matter how beautiful the account balance looks, it’s only temporary. My rule: after earning 3000U, withdraw half immediately to the wallet. Only profits that are real and credited can withstand market unpredictability.
$NOM
Fourth Ironclad Rule: Only trade with trend followers, not with volatility fuel.
100x leverage is a wings in a trending market, but a torture device in a choppy zone. When the direction is unclear, staying in cash is the best move. Learning to wait is the highest form of self-discipline.
They think this is a quick way to make money. If you ask them to study diligently? They simply lack patience.
Trading without learning is like an untrained soldier going into battle—asking for death.
Someone who truly loves trading must be someone who deeply studies the "Way of Heaven" and the underlying patterns.
The more respect you have for the market, the less likely you are to open a position impulsively.
The essence of frequent trading is not love, but fear.
It's like you love farming—would you plant corn today and dig it up tomorrow to see the results?
Of course not. You have patience, quietly watching it grow, observing how it changes day by day.
Isn't that the same principle in trading?