#数字资产市场洞察 From 100x leverage dreams to account bottoming out: Are you really trading, or are you just helping the exchange rack up transaction fees?

Last month, I met a friend whose account went from 100,000 U to 5,000 U, and it was about to be liquidated. I was shocked when I opened his trading records—dozens of trades in a single day! The fees accumulated were more outrageous than the losses. He held on tightly when the price was rising, and when it was falling, he refused to cut losses, leaving him with nothing in the end. Is your account also going through the same storyline?

"The Three Sins of Retail Investors", if you fall for all of them, then there's really no hope.

**First Sin: Frequent Intraday Trading**

Staring at the 1-minute candlestick, making dozens of trades a day, thinking of oneself as a "day trading expert," but in reality, just a cash machine giving money to the exchange. No stop-loss set, no take-profit planned, relying entirely on gut feelings and guesswork. The result? The fees have eaten up all the profits, and you even ended up losing money.

**Second Deadly Sin: Fantasizing about Margin Calls and Recovering Losses**

"The bull market is coming soon, just wait a little longer and you will turn things around!" You have definitely said this before. However, what you got in return was not a rebound, but a zeroed account. The market will not move in the opposite direction just because of your expectations.

**Third deadly sin: Going all in because you see others making money**

A certain local dog coin has become popular, with friends showing off hundredfold returns, and in a moment of impulse, I went all in. When I woke up, my account only had a single-digit balance left. This is called FOMO, also known as the gambler's mentality.

During that time, he was still staring at the screen at 3 a.m., smoking until the ashtray was piled up like a small mountain. In the end, he slumped in his chair and asked himself: "Am I being harvested by the market like a leek?" Yes, brother, you are.

Later, I set three iron rules for him, and he started to recover within two months.

**Iron Rule 1: Target Deterministic Markets, Don't Play Probability Games**

Throw away the 1-minute candlestick. Focus only on the major breakouts of 4 hours or more, with a maximum of 3 trades per day. Feeling restless? Go to the gym and lift weights, don't let your fingers touch the keyboard. Trading doesn’t have that many opportunities; real profits come from fewer but more refined layouts.

**Iron Rule 2: Increase your stake when you win, hold back when you lose**

The initial position should not exceed 10% of the account (for example, if the account is 5000U, the initial position is 500U). Increase the position gradually after making a profit. Take profit on half immediately when the increase reaches 20%, and use a trailing stop on the remaining to let the profits run. If it drops by 5%, cut the position directly; don't think about averaging down or bouncing back. Absolutely no dragging things out.

**Iron Rule Three: Stop-loss is your lifeline**

After two consecutive stop losses, turn off the machine immediately. Go to sleep, go exercise, calm down. Making decisions when emotions are running high usually leads to poor choices. Review your trades every night before sleep: understand how you lost money and also know how you made money. This is not just balancing accounts; it's a practice.

Turning the tables has never relied on gambling your life away, but rather on cold-blooded execution. In the end, he told me: "No one ever taught me this before." I directly confronted him: "It's not that no one taught you, it's that you've never been willing to admit that you're a gambler. Have you finally realized it now?"

99% of those who get liquidated die on one sentence: "Just hold on a little longer and I'll break even..."

Now open your trading records, are you brave enough to face how you lost all your money?