"I really can't go on..." A choked voice came from the other end of the phone. A trader used their years of savings to enter the market, now only having a few thousand yuan left. If they continue to lose, they will even have to divert funds from their child's education expenses. I didn't promise any get-rich-quick dreams, only two strict requirements: First, never chase coins that surge intraday; second, cut losses immediately when floating losses reach 5%, no matter how painful.

The one-week trial period began. In the first few days, she only made small swing trades, earning a few dozen yuan, patiently like picking up coins every day. On the eighth night, she suddenly sent a voice message, her voice trembling: "The account... suddenly has nearly 3000 yuan more!"

This is not luck. It is the result of her restraining all impulses and strictly following trading discipline. Three months have passed, and I see her update her Moments with a photo from vacation, accompanied by the words: "Finally able to sleep well."

What she regained is not just the numbers in her account, but her control over her life.

**The deadly mistakes traders often make are not about technology at all**

I've seen too many people get lost in complex technical indicators, only to be led astray by the tricks of the main funds. Where does the real problem lie?

Leverage trading is like a double-edged sword. Someone uses 100,000 yuan with 5x leverage, thinking they can make a big move, but ends up sleeping through the night, with their account forcibly liquidated, and the principal completely gone. That’s not the market’s fault, but a failure in risk management.

The 24/7 trading mechanism becomes a trap. During the day, they have to work; at night, they must watch the market, setting alarms every two hours to stay awake. Long-term fatigue eventually leads to misjudgments.

FOMO (fear of missing out) is even more deadly. Seeing a coin’s price soar, they chase the rally, only to become the ones who buy at the top. Looking back at the frenzy of Dogecoin in 2021, many rushed in only when the price hit $0.7...

**What do true winners follow?**

Stop-loss is not admitting failure, but the only way to protect yourself. A 5% stop-loss may sound conservative, but it is the secret to surviving long-term in the market.

Small swing trading requires patience. Don’t expect to turn one trade into ten times profit; steady compound growth is the way to go.

Finally, and most importantly—stay away from the bombardment of 24-hour market updates. Make a plan, follow the plan, then put down your phone.