#ETH走势分析 A few days ago, Old Zhang asked me out for drinks again. The last time I saw him was last year, when his account dropped from $100,000 to just $5,000—he was completely devastated.

I’ve seen this story play out so many times—fees slowly eating away at the principal, holding onto losing positions hoping for a rebound, then eventually losing control and trading recklessly, chasing highs and cutting lows until the account is wiped out. He came to me with the little money he had left, asking what to do. I told him the hard truth: turning things around isn’t about some secret technique, it’s about scrapping your entire strategy and starting over.

He actually listened and changed.

**Let’s start with choosing opportunities.** He used to obsess over the 15-minute chart, constantly trading back and forth. Now, he only pays attention to clear signals on 4-hour charts or higher. He makes no more than three trades a day, and if he doesn’t understand the setup, he genuinely sits out. This “better to miss out” mentality sounds easy, but fewer than 10% can actually stick to it.

**Next, position sizing.** He won’t risk more than 10% of his capital on a test position, and only adds if it’s already profitable. If he’s up 20%, he locks in half the profits right away, and sets a trailing stop for the rest. The most critical rule: if a trade loses 5%, he cuts it—no averaging down, ever. He could never stick to this before.

**Finally, discipline.** If he hits two stop-losses in a row, he’s done trading for the day—no revenge trades, no trying to win it back. Every night he reviews and records the logic behind each trade—did he lose because his judgment was off, or because he failed to follow his plan?

Now his account is steadily recovering. Why can’t most people do this? Because these rules go against human nature—admitting you’re wrong feels even worse than losing money.

Look at your own trading history. Were your losses really due to lack of skill, or did you just ignore the rules you already knew? There are opportunities like $ETH every day, but when your capital is gone, it’s truly gone. Surviving comes first—systematically enforcing discipline is the only way out of the hole.