To be honest, every time I see jokes about "getting rich through leverage," I can't help but laugh.

I have also paid a lot of tuition myself, and the worst time was when Bitcoin was at 63,000 last year; a 5x long position was wiped out by a spike that took away half a month's salary. That night I smoked half a pack of cigarettes before I realized a principle:

The most expensive thing in the market is not tuition, but the mentality of luck.

My principle is very simple now:

- No leverage above 3x

- The single stop loss should not exceed 5% of the principal

- Never trade when you are sleepless.

Remember, brothers, the club's young models are just jokes, while queuing on the rooftop is the reality. Take it steady; living long is the real skill.

#交易感悟 # Risk Control First