2026-01-05 22:23:58

Honestly, I have seen too many people enter the market with 200,000 to 300,000 yuan, tinker for a year and a half, and end up with nothing but their underwear. They still say "just a bit of luck away." But the truth of the market is cruel—it never mistreats those who are serious, but it cures those stubborn gamblers.

Below are 10 pieces of experience I’ve gained through real money. They may not change your past, but they can shape your future.

**Lesson 1: Don’t Expect to Get Rich Overnight with Full Positions; Slow and Steady Wins the Race**

With a capital of 200,000 yuan, there’s no need to watch the market every day. Catching one true trend in a year can yield over 90%, surpassing those who trade daily. In my early days, I was obsessed with "doubling overnight," trading every day, but the fees, slippage, and missed opportunities ended up costing me 30%. Later, I realized: the market’s door is always open, and protecting your principal is more important than chasing every wave. Now, my approach is to test the waters with small amounts to find direction, and once the trend is confirmed, go all in. When the target is reached, I stop.

**Lesson 2: Don’t Rush to Use Real Money to Learn; Virtual Trading Is the Cheapest Tuition**

The most common pitfall for beginners is losing their temper and stubbornly holding on. My first step in teaching newcomers is always virtual trading for a month. Losing everything doesn’t hurt, but it can eliminate impatience and impulsiveness. I once misjudged and lost three months’ profits, which made me realize the value of demo accounts. It’s not shameful; it’s the lowest-cost practical classroom.

**Lesson 3: When Major News Is Announced, Risk Begins**

This is an iron law. If there’s no take-profit on the day of a major positive announcement, a high open the next day is a sign to escape. In 2021, I was greedy and wanted to hold on, thinking "it can still go up," but my account profit dropped from 30% to a 15% loss. Remember this rule: during news brewing, prices are pushed up; once announced, it’s already a trap. The big players push prices based on expectations, and retail investors rushing in become the bagholders.

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RadioShackKnight

· 21h ago

Too many people have their dreams shattered by full positions, basically because greed got the better of them and they couldn't stop. Luck? Don't talk nonsense. The fairest part of the market is right here. Practicing on a virtual account for a month is really worth it, to avoid losing real money. Once the news comes out, you should run; those still trying to go all-in are basically becoming bagholders. This approach indeed taps into the common pitfalls of retail investors. An annual trend market is much more enjoyable than daily trading; transaction fees can really wear you out. Clinging to hope when your mindset collapses—that's the common problem for most people. By the time you realize these things, you've probably lost quite a bit of money. This trading method indeed saves effort, but sticking to it is the hardest part. The key is the testing phase before heavy positioning.

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FallingLeaf

· 01-07 15:04

This guy's words are on point, but that phrase "just lacked a bit of luck" hits the hardest. Clearly a technical issue being blamed on probability. I've tried the all-in get-rich-quick approach, but in the end, I was just working for the exchange. Wait, practice on a demo account for a month? I go straight to real money. Only when I lose do I get a deep memory; virtual trading doesn't give that feeling. Wow, in 2021, that wave of trading was indeed caught, and those who sold after the news was announced were still late. One trend per year is enough, rough words but true meaning. But how much patience does that require? Easier said than done, executing it is even harder than climbing to the sky. I just couldn't hold back.

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DustCollector

· 01-06 17:41

Haha, isn't this just about me... going all-in every day and getting hammered. --- I really experienced the virtual trading practice, simulating losses dozens of times is much more cost-effective than losing once in real trading. --- On the day the news was announced, I was still holding on, basically just throwing money away... Once I learned that, I never made that mistake again. --- Want to turn 200,000 into ten times in a year? Dream on. Protecting your principal is the top priority. --- I've seen too many people staring at the charts every day, and in the end, transaction fees and slippage eat up all the profits. --- Just lacking a bit of luck? Laughable. That's called poor technique and bad mentality. --- Earning more from a yearly trend than from daily trading is real. --- Virtual trading isn't shameful; it's actually the cheapest tuition. Anyone who doesn't admit that is just foolish. --- When good news lands, you should sell and not keep hoping for more gains... The next one to get caught is you. --- Start small to find your direction; only go all-in once the trend is confirmed. This logic is key to survival.

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DAOdreamer

· 01-06 14:07

Experience gained through real money, but I'm just worried someone will finish reading and still go all-in with a full position

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faded_wojak.eth

· 01-05 22:54

Really, full-position wealth is just a gambler's cover. I've seen too many people get caught up in it. Only those who can preserve their principal will last longer. Just looking at the trend is enough to keep you fed. Not selling on the day the news is announced? Then just wait to be wiped out. I've paid my tuition with this blood and tears lesson. Practicing on a demo account is really not shameful; it's much better than losing real money. The biggest enemy is your mindset. Grabbing a big trend can outperform people who trade every day, but most people can't hold on... it's just greed.

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UnruggableChad

· 01-05 22:54

Many people have their dreams of getting rich overnight shattered; the key is to have discipline, otherwise no matter how much capital you have, it's all in vain. Really, as soon as the news comes out, you should run; those who wait for the price to rise are basically becoming bagholders. Practicing on virtual trading platforms is fine, but some people still prefer to use real money as "tuition." Catching one trend a year is enough; trading every day is just giving money to the exchange. Greed is a deadly flaw; I also suffered heavy losses in 2021 before I understood this. These are all blood and tears stories; if the lessons weren't so profound, how could I have summarized them? Protecting your principal is much more reliable than chasing after rises and falls. Now I finally understand.

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HalfPositionRunner

· 01-05 22:53

Haha, really, every time I see those "almost turned things around" stories, I want to laugh. Is that luck? That's gambling, brother. Full position is basically suicide. I'm now only half in and out, and life feels much better. I always sell the next day after news comes out. I've learned my lesson—30% can turn into a loss directly. Now I just think about taking profits when I see the news. Demo trading really saved my life; otherwise, I would have gone all-in and lost everything long ago. Slow and steady makes money—this really hits home. Compared to those who trade every day, I actually earn more. People who watch the market every day are just bagholders—that's not wrong. One good wave a year is enough; everything else is just noise.

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MagicBean

· 01-05 22:51

Really, full position dreams kill people. I've seen too many pitiful creatures who are "almost there." Full position liquidation is not risk; it's seeking death. Practicing on a demo account is not shameful; losing real money is embarrassing. Once the news comes out, you should run; those who want to try again are already in the coffin. Once a year is enough for a big market move; trading every day is just burning money. If your mindset isn't adjusted, no matter how much money you have, it's useless. Protecting your principal is truly more difficult than doubling it, but that's the secret to survival. The typical bagholder is usually a greedy gambler; smart people have already taken profits.

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BearMarketSunriser

· 01-05 22:49

Oh no, this is exactly what I nag about every day in the group, a truly bloody summary. Those who are fully invested are just gamblers mentality, insisting on going all-in to feel good, right? Once the news comes out, you should run, and those hoping for continued rise are all rookies. One trend per year is enough; don't trade every day just to pay fees. Practicing on a virtual account is correct; I didn't heed advice back then and went straight into real money. Thinking about it now, I really was foolish. I have deep experience with the big positive news and escaping on the same day; I was also caught in that wave in 2021. This kind of trading boils down to mentality and patience; you can't make money by trading every day. Protecting your principal is more important than anything else; anyway, the market can't run away. Beginners really shouldn't rush to use their hard-earned money to try mistakes; a demo account is very cheap. When the big players release good news, it's usually to offload, and we retail investors need to wake up.

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OneBlockAtATime

· 01-05 22:45

I have to say, this logic is spot on. Those who operate daily are just jumping into the fire pit themselves. Can't even afford the transaction fees and still want to double their gains. Honestly, I learned my lesson the hard way from the simulated trading platform. Spending real money to learn lessons is way too costly. The moment the news is announced, you should run. I see too many people greedy and ending up trapped; serves them right. Damn, 200,000 a year, just by catching one correct trend, can crush most people? I believe that. Luck? Ha, there's no such thing as luck in the market, just gamblers' mentality messing around. Full position trading sounds great, but it's actually playing with fire. I've changed that now. Practicing on a virtual account for a month sounds idle, but it really saves money. No one wants to pay tuition with real cash. Protecting your principal is even harder than chasing gains. Human nature is greedy, and changing that is extremely difficult. As soon as the news breaks, it's the beginning of the market maker cutting the leeks. I have deep experience with this. Those who want to get rich overnight probably haven't even paid off their debts yet.

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