It’s pretty ironic—I helped a friend grow his account from $1,500 to $23,000 in four months, and in the end, I still deleted his contact.
This guy was obsessed with chain-based shitcoins at first, blowing up three accounts in two days, to the point he even lost next month’s rent. I couldn’t stand it and set up a strict set of trading rules for him.
First, I split his remaining $800 into three parts: $300 for short-term trading, cashing out after making a 5% profit each day, no greed; another $300 for ambush trades, only entering at key support levels; and the last $200 was untouchable, locked away as emergency funds. At first, he thought it was a hassle, until he saw a colleague blow up his whole account next door, and then he finally followed the plan.
Second rule: "Only ride the main uptrend." When the market was moving sideways, I forced him to hit the gym instead of opening random positions. I remember ADA consolidated for seven days, and the night it broke out on high volume, he jumped in and made an 18% gain. Whenever a single trade made over 15%, I’d urge him to withdraw the profits immediately.
The strictest was the stop-loss rule—every trade had to have a hard 3% stop-loss, and once a trade was up more than 8%, move the stop to break-even. Once, he was trading LTC and wanted to remove his stop-loss, but I pulled up his previous liquidation screenshots and confronted him until he finally closed the position. That night LTC tanked, and for the first time he realized how valuable discipline was.
But after his account broke $20,000, the guy got cocky. He went all-in chasing MEME coin hype, and within days, his principal was cut in half. Then he sent me a long confession message.
I replied with one final sentence: "Discipline is the bottom line for survival—getting cocky will only take you back to zero." Then I hit the block button.
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It’s pretty ironic—I helped a friend grow his account from $1,500 to $23,000 in four months, and in the end, I still deleted his contact.
This guy was obsessed with chain-based shitcoins at first, blowing up three accounts in two days, to the point he even lost next month’s rent. I couldn’t stand it and set up a strict set of trading rules for him.
First, I split his remaining $800 into three parts: $300 for short-term trading, cashing out after making a 5% profit each day, no greed; another $300 for ambush trades, only entering at key support levels; and the last $200 was untouchable, locked away as emergency funds. At first, he thought it was a hassle, until he saw a colleague blow up his whole account next door, and then he finally followed the plan.
Second rule: "Only ride the main uptrend." When the market was moving sideways, I forced him to hit the gym instead of opening random positions. I remember ADA consolidated for seven days, and the night it broke out on high volume, he jumped in and made an 18% gain. Whenever a single trade made over 15%, I’d urge him to withdraw the profits immediately.
The strictest was the stop-loss rule—every trade had to have a hard 3% stop-loss, and once a trade was up more than 8%, move the stop to break-even. Once, he was trading LTC and wanted to remove his stop-loss, but I pulled up his previous liquidation screenshots and confronted him until he finally closed the position. That night LTC tanked, and for the first time he realized how valuable discipline was.
But after his account broke $20,000, the guy got cocky. He went all-in chasing MEME coin hype, and within days, his principal was cut in half. Then he sent me a long confession message.
I replied with one final sentence: "Discipline is the bottom line for survival—getting cocky will only take you back to zero." Then I hit the block button.