The true factor that determines whether you can "consistently profit" in the crypto world is not how many times you win, but how much blood you shed each time you lose.

So I’ve summarized a few ironclad rules for position management—if you're interested, give them a try, at least you won’t die so quickly.

Rule 1: Lose only 1%-2% per trade—never exceed 3%.
Don’t fool yourself with a "10% stop-loss," that’s called "toughing it out." You can lose small amounts many times, but you can’t lose a big amount once.

Rule 2: Calculate your position size before placing an order.
Remember this formula:
Position = Account Funds × Risk Ratio ÷ Stop-Loss Range
For example, with a 100,000 account, risking 1% per trade, and a 5% stop-loss, the position size is 100,000 × 1% ÷ 5% = 20,000.
This way, when your stop-loss is hit, your loss is always controllable.

Rule 3: Stop-loss is your entry ticket; every order must include one.
An order without a stop-loss is essentially "either get rich or restart your life."

Rule 4: Set a "daily maximum loss threshold" and stop trading when triggered.
For example, if you lose 3% in a day, immediately close the software.
It’s not a technical issue; it’s your emotions starting to take over.

Rule 5: Don’t add to losing positions; only add to winning ones.
Adding to a losing position = escalating a judgment error into an account error.
Adding to a winning position = amplifying the correct trend.

Rule 6: Lock in profits with a trailing stop.
Move your stop to break-even at +5%, and to +3%/+5% at +10%.
Don’t let "once profitable" turn into "memories of the past."

Rule 7: Only trade assets with good liquidity.
High trading volume, small spreads, sufficient depth—only then can you "exit according to the rules."
Coins with poor liquidity might not even let you sell your stop-loss.

Rule 8: If you don’t understand it, stay out—being out is also a form of trading.
The market is open every day, but your principal isn’t.
Not trading ≠ wrong; reckless trading = self-destructive diligence.

My trading includes both big wins and big losses:
The difference isn’t whether I can see the right move, but whether I let profits run when I’m right, and cut losses immediately when I’m wrong.
The crypto world isn’t about who makes the most money; it’s about who dies the slowest.
Just do one thing: after three bull and bear cycles, if you’re still at the table, the market will slowly give back to you.