Honestly, I'm not here to show off my account. I just want to share my insights from years of navigating the derivatives market and sincerely discuss how to survive longer and earn more steadily.

Seven years ago, I dared to jump into the crypto space with just $3,000, not even understanding how to adjust leverage, and I was completely clueless about candlestick charts. Looking back now, my account has grown to eight figures, and the difference lies in how I’ve managed to get here over these years.

From initial confusion to now being steady, it’s not luck but a set of patterns I’ve gradually figured out. My advice for beginners is: start with $1,000 as a trial amount, and for each trade, invest only $100 using 100x leverage. This leverage looks tempting—if the market moves 1% in your favor, you double your money; but if it moves against you overnight, your account can be wiped out. Because of these extremes, I’ve summarized five iron rules:

**First: Cut losses when wrong; stubbornly holding only doubles your losses.**
In the beginning, I hesitated to cut, which led to two liquidation events. At that time, I thought I could hold on until the market rebounded— but markets don’t care about your feelings; they just keep salt on your wounds. Set a stop-loss point and exit decisively when hit. That’s the only way to stay alive and wait for the next opportunity.

**Second: After five consecutive losses, take a break.**
Sometimes the market is truly chaotic, and stubbornly fighting only destroys your mindset. I set a strict rule: after five consecutive losses, close the app and sleep on it. Often, what was unclear the day before becomes obvious the next day.

**Third: Take profits at $500.**
The numbers on the screen are just figures; the market’s rapid changes can catch you off guard. My approach is: once my account grows over $500, I withdraw at least half. Real profits are those that actually go into your wallet.

**Fourth: Only chase trending moves; watch sideways markets.**
When a clear trend appears, 100x leverage can send a small account to the sky; but in range-bound markets, that leverage becomes a harvesting tool. For markets without a clear direction, it’s better to stay flat and observe rather than operate on gut feelings.

**Fifth: Never risk more than one-tenth of your capital on a single trade.**
Don’t gamble with a full position out of recklessness. Keeping positions smaller helps maintain rationality during sudden market moves. Going all-in is like piling ten plates on your buffet tray—eventually, you’ll end up feeling sick.

These rules have been repeatedly tested in real trading. From stumbling blindly in the dark to now being able to see the direction clearly, it’s all thanks to these personal trial-and-error experiences. I hope they can help you too.