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The craziest case I've seen was turning 5,000 yuan of principal into over a million in half a year. It sounds like a fabricated story, but what's even more heartbreaking is: the day before, the account gained 500,000 yuan, and the next day it was all wiped out. This is not an exaggeration; it’s a true reflection of the spot market.
I want to share with you the pitfalls I've stepped into over the years and the practical trading strategies I've summarized for rolling positions. This is not just theoretical; it’s lessons learned through real money. Do you know why most contract traders end up losing? The answer is quite painful—because they simply can't stop. Trading every day, blowing up accounts daily, never learning what it means to "take a break."
The core logic of rolling positions is actually just one sentence: wait until the market is at its most fierce before taking action. What is the biggest mistake beginners make? They make a little profit and then can't resist adding to their position. As a result, a correction hits, and the account is wiped out immediately. The correct approach is this: when the first trade makes a profit, withdraw the principal immediately; only the remaining is true profit. This way of operating completely changes your mindset, and risks can be effectively controlled.
My own trading rule is very simple: when earning 50%, move the stop-loss line up to the cost price immediately, so you won't lose the principal. After doubling again, I will strictly keep at least 30% of the profit as a safety cushion. These details sound simple, but the earlier you master them, the longer you can survive in the crypto world.
Ultimately, many people lose money not because they can't make money, but because they can't hold onto it. If you don't take profits in time, you’re likely to lose everything. Don’t wait for the market to reverse before regretting; when opportunities come, you must react quickly. Opportunities in the crypto world never give people much time; if you don’t act when you should, you can only watch the market slip away through your fingers.