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Many people think turning 1200 USD into dozens of times is a pipe dream. Actually, it's not. The problem is that most people fail in execution.
**Rule 1: Divide your funds into three parts, each with its own path**
Split the 1200 USDT into three portions—basic operation. The short-term part involves two trades per day, closing immediately after each. The trend-following part looks at the weekly chart; if there's no clear upward trend, pretend to be dead. The last part is insurance, kept to prevent liquidation. Many think this sounds simple, but very few actually follow through. Because it requires you to tolerate the "idle feeling" of your account. But being idle is a thousand times more comfortable than getting liquidated.
**Rule 2: Only trade major trends, avoid everything else**
Range-bound markets are slaughterhouses. If the daily chart isn't in a bullish trend, stay out and wait. It sounds like a waste of time, but in reality, it protects your principal. Only enter after a volume breakout above previous highs and a confirmed close. This may cause you to miss some gains, but it avoids countless traps. Take profits at 30%, and let the rest run with a stop-loss. Your life is only one, no need to gamble.
**Rule 3: Keep emotions cold, rules must be strict**
Before each trade, write down your stop-loss and target. Set stop-loss at 3%, and cut immediately when hit—no bargaining. After a 10% profit, tighten your stop-loss; at that point, it's all profit. Turn off your computer at 11 PM, and don't look at the charts even if they look tempting. This is the hardest rule because it goes against human nature. But it's this "anti-human" approach that helps you survive longer.
Turning 1200U into 50,000U isn't about indicators or luck; it's about making fewer mistakes. Markets are there every day, but if your principal is gone, everything is gone. First, set your rules in stone. Then study techniques. Only by surviving can you talk about getting rich quickly. Otherwise, you're just paying fees to the exchange.