Starting with 3,000 yuan, now the account has 280,000 yuan. This experience almost made me smash my keyboard into the wall.



Honestly, I’m not here to show off; I just want to vent some frustrations.

Last year, I only had 3,000 USD in my pocket, and I had to be very careful with my basic expenses. Now I have 280,000 USD lying around, but this isn’t a story of incredible luck—it's built up little by little through lessons learned from five liquidation events.

The first liquidation was the worst. Around Christmas 2023, I opened a 100x short on BTC with 30 USD. As a result, a big bullish candle wiped me out instantly. That night, I cried with my friend’s cat until midnight— even the cat looked down on me. After cutting losses, I was left with 2,400 USD, heart bleeding, but I understood one thing: if you can’t hold on, you’re just giving away money.

The second time was even more outrageous. I made five wrong trades in a row. I stupidly tried to recover losses, and just as I placed the fifth order, ETH suddenly surged 8% in seconds—straight to the sky. I was so angry I wanted to throw my computer out the window. Later, I learned to be smarter—after five consecutive losses, I just unplugged the internet cable, went downstairs for a walk, and cooled my head.

I’ve figured out some tricks for withdrawals. The first time my account grew to 6,000 USD, and withdrawing 3,000 USD felt amazing—better than anything else. Later, I discovered a pattern: every time I earned 3,000 USD, I would withdraw half, so my mindset wouldn’t blow up. My friends say I’m too conservative, but I retort—those numbers on the screen are just game tokens; only the money actually received is real RMB.

When a one-sided market comes, I go crazy. Last October, BTC hit a new high. I chased in with 30 USD, and in three days, it grew to 9,000 USD. I even dreamt about candlestick charts while sleeping. But when the market turns volatile, I pretend to be dead. In December last year, ETH was sideways between 2200 and 2300 for half a month, and I just played games every day, not opening a single trade. Later, I heard some veterans in the group were both long and short at the same time—I just laughed.

Now, with an account of 280,000 USD, my position size has never changed—always starting with 30 USD, never risking more than 10% of my capital. Someone asked me when I’ll be financially free, and I said, when my cat can place orders by itself.

Futures trading, you know, surviving long enough is winning. Don’t rush to envy others. First, make sure your next trade doesn’t get liquidated, then think about your dreams. In this market, those who can truly survive and make money are always the ones willing to act first but who also understand risk management.

Are you ready?
BTC-0.44%
ETH-0.43%
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.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GhostWalletSleuthvip
· 9h ago
Even after five consecutive losses, he still managed to turn things around. This guy's mentality is truly unmatched. I'm just curious, why can some people bounce back from 2400U, while I gave up after losing just 500U?
View OriginalReply0
GateUser-6bc33122vip
· 10h ago
Alright, I have to be honest. Hearing the story of five liquidation events totaling only 280,000 really hits close to home. I visualized the scene of crying with a friend's cat in my mind—haha, I can't even laugh... I learned the trick of unplugging the internet cable to run in the circle, just as a triple safety measure.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)