Making money quickly isn't hard; what's hard is staying the last one laughing. This isn't just motivational talk, but a truth I learned from my real experience of going from 3,000 yuan to over 200,000 in two months.

I still remember when I first entered the derivatives market, my understanding of leverage trading was zero. The first time I pressed the 100x button, I was trembling—then I went all-in with my entire principal. As a result, a 10% fluctuation wiped out my account completely. Later, after some reflection, I realized that leverage is like a double-edged sword: used correctly, it can quickly build wealth; used wrongly, it becomes a meat grinder. Now, my approach is to only risk up to 30 yuan each time to try new high-leverage strategies.

**First Rule: Stop-loss is a talisman, not a sign of giving up**

In the beginning, whenever my account turned green, I would imagine a rebound. But what happened? Small losses turned into bigger losses, and big losses led to liquidation. After being liquidated twice, I finally understood: setting a stop-loss isn't about surrendering, but about using the smallest cost to keep my life.

Now, the first thing I do when opening a position is to set a stop-loss, just like buckling a seatbelt when driving. When going long on BTC, my bottom line is 3%-5% below the support level. Some people say that this results in too many losses, but I want to say—there are always market opportunities; losing the principal is the real loss.

Once, I went long on ETH near 1800, with a stop-loss at 1700. When it really dropped to 1700, I hesitated, thinking maybe it would rebound if I held on a bit longer. The final result was it kept falling to 1200 before I closed the position. That loss of over 1,000 yuan was a profound lesson in discipline.

**Second Rule: Stop after five consecutive mistakes**

This is a recent rule I summarized. If your strategy fails five times in a row, it probably means that approach isn't suitable for the current market. Instead of gambling on luck, it's better to pause, reflect, and adjust. Many people lose big money because they can't handle short-term failures and still hope to make it back next time.

My approach is: after three failures, reduce your position size; after five failures, stop using that strategy altogether. It might earn less, but it preserves the chance to stay alive. In this market, simply staying alive makes you a winner.