#美联储回购协议计划 Nine years into the industry, I’ve realized a principle: what gets eliminated by the market are often not those with poor skills.

Last year, a lady came to ask me if $ETH was a good buy, and I told her to give it a try. When it doubled halfway, she started to panic, bombarding me daily with questions about whether she should sell. I casually said "almost there," and she immediately sold all her holdings. What happened next? Ethereum doubled again. Since then, she’s disappeared from the community.

Many people aren’t really looking for advice; they just want a stepping stone to escape.

At the end of last year, another buddy came to me with $3,500 in his wallet and a bunch of liquidation records. He said if he tried again, he’d be completely out. I set three strict rules for him: no single position exceeding one-fifth of his capital, stop-losses must be executed immediately, and he must review his trades at the end of each day.

He took it seriously. In two months, his $3,500 turned into $70,000. During that time, we stayed up late monitoring the markets, analyzing on-chain data, watching his account balance soar.

But here’s the problem. When you have more money, you tend to get cocky. He insisted on trading with followers and used 20x leverage. After a big bearish candle, his account lost 40%.

At 3 a.m., he cried and asked me: Am I stupid again?

I only told him: The market only cares about the result. I advised him to close his positions and stay calm. Two hours later, he sent a screenshot of his full position.

I deleted his last words and told him: Money can be earned back slowly, but once you lose discipline, you truly have nothing left. You’re not losing to the market; you’re losing to your own excuses.

The cruelest truth of the market is this: most people aren’t really trading; they’re exposing their character flaws through their account numbers. The real winners are those who follow the rules. If you keep falling into the same trap, ask yourself: are you fighting the market, or are you just fighting yourself?