No hype, no bashing—this article might save you a few years of tuition fees.

I’ve been in this space for seven years, starting as a rookie with just 800 yuan to my name, and now my account stays steadily above 30 million. How many pitfalls did I hit along the way? Countless. The tuition I paid could have bought a luxury apartment back home.

I’m not here to show off today; I just want to be real: this industry isn’t about gambling on luck or direction, it’s about using discipline to secure your win rate. Last year, some followers used my strategy and doubled their principal in three months. If you’re a newcomer, after reading this, you’ll at least be able to avoid most common traps.

My core logic boils down to three sentences: Position sizing is your lifeline, trend is your soul, and being counterintuitive is real money-making power. These nine words were hard-earned after countless falls.

**Let’s start with position management—control risk at the source**

I’ve seen too many people get the direction right, but get wiped out by a small dip because they went all in, even to the point of liquidation. My habit is to divide my funds into five parts and only use one part at a time to test the waters. Even if the market looks like easy money, never stack all your chips in one spot.

Set your stop loss dead at 10 points. The maximum loss per trade is 2% of total capital, so even five consecutive losses only cost you 10%—nothing fatal. I don’t set a hard line for take profits, but profits must be above 10 points before I even consider it—like keeping an escape route in a fight, so even if the market reverses, it’s hard to get trapped.

What I fear most is people who rush to take profits after gaining 3 points, but stubbornly hold on to a 20-point loss.