#数字货币市场洞察 Last year, a trading friend came to me in a terrible state. His account had dropped from $100,000 USDT to just $5,000. He said he was watching the market for over ten hours a day, and felt like everything he did was wrong.

After hearing his story, I realized that this kind of blow-up actually follows a pattern—constantly opening and closing positions, unknowingly letting fees eat up a big chunk; refusing to cut losses when trapped, hoping to break even; chasing when it’s going up and panic selling when it’s dropping. This endless cycle just keeps wearing down your capital.

At the time, I told him that the key to a comeback isn’t some magical indicator, it’s about changing the underlying logic of your trading strategy. He followed my advice, and his account actually stabilized. So how did he adjust?

**First change: Stop focusing on short-term noise**
Only watch for key breakouts on the 4-hour chart or higher. Limit yourself to a maximum of three trades a day; real skill is being able to hold back. Many people can’t control their urge to trade, jumping in every time the candles move a bit, resulting in nothing but ineffective trades.

**Second change: Manage your position sizing dynamically**
Test with no more than 10% of your capital. Only add to winners. When you’re up 20%, take half off the table, and set a trailing stop for the rest. Most importantly, cap your loss per trade at 5%—if you hit it, get out. Never try to average down—it's a deep pit.

**Third change: Set a circuit breaker for yourself**
Two consecutive stop-losses? Shut down your computer for the day—don’t let emotions take over. Review your trades every night, and write down exactly why you entered and exited each one.

These principles seem simple, so why do most people fail to stick to them? Because discipline goes against human nature. Admitting you were wrong feels worse than losing more money—that’s the hurdle most can’t get over.

Look over your trading records: are your losses really because you can’t read the market, or because you knew you should stop out but couldn’t pull the trigger? There are always opportunities in the market, but once you lose your capital, it’s really gone. Protecting your capital is the foundation of everything—systematic discipline is the only way out of the hole.