2026-01-06 16:20:40

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.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
9
Repost
Share

Comment

0/400

0xLostKey

· 6h ago

$5000 grows to $1,000,000 then drops to zero, I believe this plot. The crypto circle is just this kind of behavior. --- Another set of take-profit rules, said as if they are really effective. Those who truly make money have long since gone silent. --- Taking a 50% profit and then moving the stop-loss? Sounds good, but when the market suddenly reverses, you won’t be able to react in time. --- It's harsh to say you can't hold onto your money, but I just want to know how much is left in your account right now. --- Trading every day is truly a sickness, but not trading means you really can't keep watch. This is the most devilish part of the crypto world. --- Those extreme cases are just for listening, if you take them seriously, you’ll lose. Reality doesn’t offer that many hundredfold opportunities. --- Is there just one core logic to rolling over positions? I think it’s three words: can bottom fish. --- How many people have really managed to withdraw their principal? Anyway, I haven't seen anyone do it. --- A 30% profit safety net, and a black swan event can wipe it all out. This thing is unreliable. --- Opportunities in the crypto world don’t wait for time, but losing money always has enough time. That’s the truth.

View OriginalReply0

FloorSweeper

· 01-07 19:14

Sounds great, but I've seen too many stories like this, and in the end, they all end up losing everything. Making 500,000 and then dropping to zero—I've experienced this roller coaster, and it can really break a person. Taking profits is easy to say but hard to do; once you're caught up, you forget everything. I agree with the move of withdrawing principal, but most people can't do it—greedy ghosts. People who blow up their accounts every day are actually gambling mentality, not trading. The 30% safety cushion is a bit conservative; it still depends on market rhythm. Rolling over and doubling sounds awesome, but the risk doubles too—how can they still dare to play like that? Losing money is more painful than not making money, and that's true—I’ve fallen for this myself.

View OriginalReply0

GhostInTheChain

· 01-07 13:56

5000 to 1,000,000 and then back again, just listening makes it clear that this is the daily grind for contract traders. This guy's words about not being able to stop really hit home. I have too many people around me placing orders every day, it's completely a gambler's mentality. I agree with taking profits, but a 30% safety cushion still depends on the market. Being too rigid can also cause missed opportunities. But the phrase "can't hold onto money" is really harsh. Making money isn't that hard; what's hard is not being greedy. I used to add to my position whenever I made a profit, but I learned my lesson after a wave of liquidation. That's just how the crypto world is—either stay calm or get out, there's no middle ground. It sounds good in theory, but what if the market doesn't follow the rules? A story about 100x returns in half a year sounds great, but wake up, everyone.

View OriginalReply0

digital_archaeologist

· 01-06 16:50

Basically, it's a mindset issue. When you make money, you want to run; when you lose, you want to turn things around. No one can escape this vicious cycle. Withdrawing principal is indeed a clever move; psychological resilience is completely different. Going from 5,000 to 1 million sounds great, but the feeling of wiping out your account is even more intense, right? Unable to hold onto profits is more despairing than not making money at all. A painful lesson. Moving the 50% stop-loss line upward is actually a form of self-rescue. The earlier you realize this, the longer you'll live. That's how the crypto world is—never a second too late. By the time you react, it's already gone.

View OriginalReply0

NFTragedy

· 01-06 16:39

The previous day’s 500,000 increase was all wiped out the next day—that's the true picture of the crypto world. Making profits without taking profits is just gambling; in the end, it all comes back. Withdrawing principal is indeed a clever move; maintaining a calm mindset can be a hundred times better. Those who trade every day are candidates for liquidation; this statement is spot on. The 30% safety cushion logic still has some merit. Honestly, losing money is more heartbreaking than not making any. The hardest part of rolling positions is that moment when you should take a break.

View OriginalReply0

MechanicalMartel

· 01-06 16:30

It all sounds right, but execution is the key. 90% of people simply can't do it.

View OriginalReply0

CafeMinor

· 01-06 16:29

Trading every day and getting liquidated every day—that's the daily routine of crypto workers. If you can't hold on, it's a crash landing—this saying is too true. Withdrawing principal is indeed ruthless, reducing psychological pressure by half. Raising the 50% stop-loss to the cost basis sounds easy, but actually doing it is really hard. Not being able to hold onto your money is the most heartbreaking; making a profit and then losing it back is all too common. Opportunities are fleeting; even a one-second delay in reaction can be critical. Rest is also part of trading; not many people understand this principle. Growing 5,000 to 1 million sounds fantastic, but the risk is absolutely intense. Adding positions is a double-edged sword; beginners are most likely to stumble here. Only enter the market when the trend is fierce—sounds simple, but actually doing it is deadly.

View OriginalReply0

staking_gramps

· 01-06 16:28

Honestly, this set of theories sounds good, but I've seen too many people brainwash themselves into thinking they'll end up losing everything. A daily increase of 500,000 and then losing it all the next day— isn't that just leverage in everyday life? Just scare stories. It's true that you can't hold onto your money, but the problem is that 99% of people simply can't follow these rules. What's most heartbreaking is that only a small percentage of people make a 50% profit; most are still struggling at the loss line. I think, rather than studying rollover techniques, it's better to ask yourself if you can accept your principal being wiped out. In the crypto world, there are no secrets— it all depends on how much you're willing to lose and still keep playing.

View OriginalReply0

tx_pending_forever

· 01-06 16:22

There's nothing wrong with what you said, but how many people can really do it? I've seen too many people say they control risk, but when the market rises, they become numb. Yesterday they were still bottom-fishing, and today their accounts are gone. That's just how the crypto world is. Making 50% profit and then exiting sounds simple, but actually doing it is extremely difficult. Greed really can eat people up. The part about not being able to stop is spot on. Trading every day is like gambling; sooner or later, you'll break even. I agree with the move to withdraw principal; at least you won't lose all your capital, and it can help improve your mindset. Rolling positions sounds easy, but a single pullback can break your psychological defense. Ultimately, it's a mindset issue. Losing money is more painful than not making money. That's the truth. I have a bunch of negative examples around me.

View OriginalReply0