Many people get trapped by a single idea after entering the market — relying on predictions, bottom-fishing, and luck to get rich quickly. From painful lessons, I’ve realized that this path doesn’t work.

People who just entered the market tend to be very aggressive. They watch the charts until their eyes turn red, max out their leverage, and when the market pulls back, they get liquidated and lose everything. I’ve seen too many stories like this, so I set a strict rule for myself: never get liquidated, and don’t gamble on a single direction.

Later, I gradually figured out some principles. The three core points are:

**First, set stop-loss and take-profit levels in advance.** This isn’t restrictive; it’s a firewall for survival. Take profits gradually, securing some gains. Keep the remaining funds rolling, so that compound growth can be stable.

**Second, look at the big picture across multiple timeframes, and operate on different strategies for the same coin.** Don’t put all your eggs in one basket. Calculate the risk for each trade separately, and strictly control each loss within your risk tolerance. This way, a single mistake won’t wipe out your entire account.

**Third, change your perception of stop-loss.** Most people think stopping out is shameful, but I see each stop-loss as a ticket to the next trade. It’s not about winning a high percentage, but maintaining a healthy risk-reward ratio, so your account can grow steadily.

There are also some habits you must stick to: diversify your funds, don’t always go all-in; stop trading after a series of losses, calm down first; and once your account reaches a certain size, switch to more stable assets as a safety cushion.

The market isn’t short of opportunities; what’s lacking is patience. Abandon the gambler’s mindset, stay steady and keep moving forward, and you won’t be repeatedly taught harsh lessons by the market. Don’t always think about turning things around in one shot — this mindset will trap you deeper in the cycle of chasing highs and selling lows.