#美国贸易赤字状况 That year's market peak, I watched an old trader get liquidated overnight.

Within two hours, half a month's profit was wiped out, and he lost 60% of his principal. He called me and was silent for a long time, then only said one sentence: "In the end, I realize that no matter how much you make, it doesn't matter. The key is to survive long enough in the crypto world."

At that moment, I truly understood— in this 24-hour market, risk control is not about skills, but about the line between survival and failure.

**How to manage positions to avoid crashes**

Never allocate more than 7% to a single position; this is an iron rule built with real money. Don't add to losing positions no matter what; only consider increasing when you're profitable. Set a stop-loss at 1% each time, so even if your judgment is wrong, you won't suffer serious damage.

**Stop-loss and take-profit: the only way to fight human nature**

If the moving average is broken, you must exit; don’t fight the trend. Take half of the profit when it’s in the bag, and protect the rest with a trailing stop. Set up alert mechanisms—never get caught by exchange forced liquidations.

**When should you take action**

Use the daily chart to see the big picture, confirm the trend on the 4-hour chart, and enter precisely on the 15-minute chart—this three-layer filtering can eliminate most junk signals. Volume should lead the way, technical indicators follow for confirmation; don’t buy blindly based on feelings. Rest during sideways markets, and act only when a real breakout occurs.

**Core principles I’ve developed over the years**

Leverage no more than 4x; don’t let greed ruin you. Review your trades for 5 minutes before bed each night, and improve through constant reflection. Slow down, take steady steps, and aim to stay alive and make money continuously.

The market is never short of stories about overnight riches; what’s truly rare are traders who can keep making money. In this place full of temptations and traps, the strongest are not those who grab the most opportunities, but those who survive until the end.