#美国证券交易委员会推进数字资产监管框架创新 Another heart-wrenching story

A while ago, a buddy came to me. His account went from hundreds of thousands to a mess of random trades, and in the end, only 5,000 yuan was left. He was almost at the breaking point.

You've probably seen this kind of situation:
Doing dozens of trades a day, can't stop clicking; paying transaction fees that wipe out gains faster than the coin prices drop; when prices rise, he's anxious and hesitant to hold; when prices fall, he clings on tightly; shouting "The market is coming," but instead of a rise, he gets liquidation alerts.

The most absurd part is—
Seeing others post screenshots of small coins multiplying hundredfold and achieving financial freedom, he gets impulsive and goes all-in. The next morning, he opens his eyes to find his account reduced to a bunch of cold numbers.

Staying up late staring at candlestick charts until 3 or 4 a.m., ash piled on the table, eyes red and strained, feeling mentally overwhelmed. He sits in his chair and questions himself: "Am I trading, or being exploited like a chives crop by the market?"

I told him one thing:
The harder you lose, the more you need to learn to be precise. Don’t shoot randomly all day long.

I asked him to change three things:

**First: Focus only on confirmed market trends**

Stop watching 1-minute candles, you're just tormenting yourself. Switch back to 4-hour charts. If the market hasn't formed a clear pattern, stay still instead of reckless trading. Missing an opportunity isn’t a big deal; one mistake can wipe you out.

Limit yourself to three trades a day. When you get itchy, go for a run.

**Second: Light position size to scale up**

Always trade with small positions for trial and error. When you start making money, then add more firepower:
- Never risk more than 10% of your total funds on a single trade
- Take profit at 20% and lock in half
- Use trailing stops on the remaining position to let profits run
- If drawdown reaches 5%, reduce your size immediately, don’t fight it

**Third: Discipline above all**

Stop immediately after two consecutive losses. Write a daily review—analyze your methods when you’re profitable, find the reasons when you’re losing. Don’t fall into the trap of thinking “I can hold on and bounce back,” because that's the last comfort before liquidation.

And the result? This guy managed to grow his 5,000 yuan back to a decent amount.

He later asked me: “Why didn’t anyone tell me this earlier?”

It's simple:
Most people aren’t really trading—they’re gambling. They just haven’t admitted it yet.

Remember this:
Turning around in crypto isn’t about heavy risking and gambling; it’s about learning to survive first. Stop-loss is your last line of defense; discipline is your real weapon. As long as you stay alive, you can recover your losses.

If you’re reading this, you’re already ahead of most people. Keep your rhythm steady, and your account will stay in your control.