Many people ask me how to grow from 50,000 to 1,000,000. There's actually no secret, just managing risk well and maintaining a steady pace. My practical experience can be summarized as follows:
First, it must be clear that—this money must be truly idle money. By idle money, I mean money that won't affect your life if lost. This is not conservatism; it's the prerequisite for longevity. Too many fail at the first step—using living expenses to trade, and in the end, being forced to cut losses.
Regarding position sizing, I’ve always been very strict: a isolated position mode, keeping total position within 10%, leverage no more than 10x, which actually translates to a real leverage of 1x. I never soften the stop-loss line, fixed at 2%. When triggered, I exit immediately—no bargaining. This way, even if my judgment is wrong, losses stay within manageable range, and I can keep a stable mindset.
About adding positions, many make the mistake of using principal to go all-in. My approach is to only use profits to amplify. When the price rises by 10%, I use the additional profit to open another 10% position. The stop-loss standard never lowers, still at 2%. This means using the market’s money to earn the market’s money, while the principal remains untouched.
The final iron rule is simple—no all-in, no adding to losing positions, no holding through big swings. Once the stop-loss is triggered, stop immediately, preserve remaining funds for the next opportunity. Following this rhythm, during a 50% main upward wave, 50,000 can grow to 200,000; catching two such waves, 1,000,000 becomes stable. The key is discipline is more valuable than talent.
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MetaverseVagabond
· 3h ago
Another story of a 2% stop loss, sounds pretty good, but how many can really withstand consecutive losses? Honestly, the longer you survive, the higher your chances of winning.
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degenwhisperer
· 12-16 16:53
That's correct, but the reality is that 99% of people can't stick to this discipline, including myself sometimes.
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MetaMisfit
· 12-16 16:46
There's nothing wrong with that, but I think the key is to withstand the psychological torment. That 2% stop loss really tests human nature.
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New_Ser_Ngmi
· 12-16 16:44
Listening to it, I feel like I'm listening to a financial management class... But to be honest, the 2% stop-loss strategy is really tough, most people simply can't do it, the psychological barrier is too hard to overcome.
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CompoundPersonality
· 12-16 16:39
That's right, discipline is indeed the hardest thing and more effective than any technical analysis.
Many people ask me how to grow from 50,000 to 1,000,000. There's actually no secret, just managing risk well and maintaining a steady pace. My practical experience can be summarized as follows:
First, it must be clear that—this money must be truly idle money. By idle money, I mean money that won't affect your life if lost. This is not conservatism; it's the prerequisite for longevity. Too many fail at the first step—using living expenses to trade, and in the end, being forced to cut losses.
Regarding position sizing, I’ve always been very strict: a isolated position mode, keeping total position within 10%, leverage no more than 10x, which actually translates to a real leverage of 1x. I never soften the stop-loss line, fixed at 2%. When triggered, I exit immediately—no bargaining. This way, even if my judgment is wrong, losses stay within manageable range, and I can keep a stable mindset.
About adding positions, many make the mistake of using principal to go all-in. My approach is to only use profits to amplify. When the price rises by 10%, I use the additional profit to open another 10% position. The stop-loss standard never lowers, still at 2%. This means using the market’s money to earn the market’s money, while the principal remains untouched.
The final iron rule is simple—no all-in, no adding to losing positions, no holding through big swings. Once the stop-loss is triggered, stop immediately, preserve remaining funds for the next opportunity. Following this rhythm, during a 50% main upward wave, 50,000 can grow to 200,000; catching two such waves, 1,000,000 becomes stable. The key is discipline is more valuable than talent.