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Many beginners enter the market with the idea of getting rich overnight. In fact, the first lesson the market teaches you is not how to make money, but how to survive.
**Step 1: Treat your initial capital as tuition**
Bring in $100U, but don’t think of it as principal; it’s better to see it as tuition. If no one guides you, the best way to learn is to review your trades daily—how much did you lose today, and why? Write this answer into a chart and keep track for 30 consecutive days.
Pay special attention to these words: "itchy hands," "gambling," "all-in." If any of these appear in your chart, stop trading immediately the next day—don’t touch the market again. If you can go 30 days without losing everything, you’ve earned a market pass. This is not a joke; it’s a survival certificate.
**Step 2: After a margin call, find a coach, not secret strategies**
Many people start searching online for trading methods or indicators after losing money, but the more they search, the more they lose. The truth is, three years of self-study are less effective than talking to the right person. A good coach’s standard is simple—willing to show you real trading curves, not hiding losses; willing to kick you out if you keep reckless trading.
Pay a coaching fee; it’s more cost-effective than repeatedly paying the market "confusion tax." All those tuition fees add up to what a reliable coach’s guidance would cost.
**Step 3: These three signals indicate you’re gambling**
Losing more than 20% and doubling down? Not daring to show your trades to family after market close? Even thinking about recharging your credit card? If any of these happen, you should close your positions and shut down.
Instead of obsessing over technical analysis, go run 5 kilometers. The harder you run, the farther you are from bankruptcy. This is not a joke; it’s reality.
**Step 4: $10,000U is the ceiling, not the starting point**
Don’t rush to add to your position. Achieve three months of returns that cover your drawdowns, with maximum drawdown controlled within 5%, then consider increasing your account to $10,000U.
Here’s a truth often overlooked: earning 3% per month is ten times harder than earning 30% per month. Those who survive ten years in the market do so by relying on the former. Don’t believe me? Look around—those who got rich overnight, remember that. But those who profit steadily for ten years? Think about it.
**Final words**
The market is open 24 hours, but you don’t need to be online all the time. When you feel like going all-in, set a reminder for yourself—repeat the phrase "prioritize survival" ten times. Live long enough, and money will come naturally. This is not motivational talk; it’s a principle understood by everyone who has kept their account alive.