At 28, Yu Yu has been tempered in the cryptocurrency market for 8 years.

Starting with a college living expense of 20,000, after experiencing three total losses, he borrowed 50,000 to restart his journey;

At 24, he followed his father's advice to use part of his profits to buy a house, avoiding wealth evaporation, practicing the principle that "profits must be preserved";

With the discipline of "never increasing positions on floating losses," he earned millions in the ORDI rolling position battle;

He has always "only traded in the secondary market," rejecting on-chain and spot temptations, focusing on his circle of competence.

This issue sets a record for the longest interview in the "Dialogue" series with over 30 episodes—we preserved his complete 8-year trajectory: how family intervention saved his wealth, rebounding after three total losses, details of the naked K-line leading system, and the low moments after liquidation.

This conversation contains no myths of sudden wealth, only the survival creed forged through 8 years of blood and tears.

Here is the fourth in-depth interview of OKX's "Dialogue with Traders." I am Mia, focused on exploring the mental journey and practical logic of top traders. Welcome to follow.

Guest Background:

· Yu Yu (1997, 27 years old)

· University Major: Computer Science

· Work History: Briefly engaged in design work, but chose to fully commit to cryptocurrency trading after making profits.

· Crypto Enlightenment: In 2017, he accidentally came across Litecoin through a photography group and self-taught himself to enter the field.

· Coin/ Binance Real Trading: "In one year, from 50,000 to 100 million - 2000 times."

I. Personal Experience - The Journey So Far

From 0 to First Bucket of Gold: Learning, Accumulating, and Breaking Through (2017–2020)

Mia: How did you first get into cryptocurrency?

Yu Yu: I got into crypto in 2017, and it was actually a completely accidental opportunity. At that time, I was quite fond of photography and joined a photography hobby group. One day, I saw someone in the group talking about Litecoin, and I became curious, so I started searching on Baidu and Google to learn about cryptocurrency. The more I learned, the more I felt that this was something suitable for me and possibly the best financial asset for the future. So I spent a few days learning from various websites and videos, gradually deepening my understanding of the field and solidifying my confidence in Bitcoin's future. At the beginning of 2017, I happened to catch the second wave of the cryptocurrency bull market, and the entire market was very hot, with many social platforms and group chats buzzing about it.

Mia: How did you start learning to trade and get through the "beginner phase"?

Yu Yu: At first, I really didn’t understand trading at all and hadn’t dealt with stock-like assets. Initially, I just played with spot trading but kept losing money. I felt that this approach wasn’t working, so I decided to systematically learn technical analysis and trading skills. I bought a few books, the first being "Reminiscences of a Stock Operator," which has accompanied my entire eight-year trading career. I've read it at least ten times, and each time I read it, I gain new insights. At first, I read it like a novel and didn’t fully understand it, but as I accumulated practical experience, the content became increasingly helpful. I also read "Technical Analysis of the Futures Markets," which covered Dow Theory, moving averages, waves, and various technical indicators. I learned basic candlestick patterns, such as head and shoulders, double bottoms, and double tops.

Although I also looked at "Japanese Candlestick Charting Techniques," I felt it wasn’t very applicable to the cryptocurrency market. After reviewing Bitcoin's historical candlestick patterns, I found that classic patterns didn’t match well, so I didn’t delve deeper.

Mia: If you had to summarize the three key takeaways from your first trading book, what would you share?

Yu Yu: If I were to express it through "Reminiscences of a Stock Operator," I would say that most of my trading principles now are almost inherited from the content of this book. It has had a significant impact on me. There are a few phrases that everyone might be familiar with, such as:

First, "The market will always move in the direction of least resistance."

Second, "You need to know this is a bull market." This means that during a bull market, you should believe that a trend has formed and trust that the market will help you earn excess returns.

Third, and very crucial, is "Never trade against the trend." The fundamental reason many people lose money lies here: they always want to do both long and short, trying to profit from both sides. But the result is often that they get hit from both ends.

Most of the time, you just need to choose the right direction. For example, with the market being so good now, you just need to go long in the direction of the trend. Buy on dips, and don’t try to short at the top. Because Bitcoin has already broken through historical highs, no one knows where the top is. If you try to guess, it’s essentially just blind guessing. The only potentially effective resistance level might be at whole numbers, or if it really forms a top pattern, then you can judge whether the trend has reversed and short it, which would be more prudent. But if you go against the trend midway, you’ll basically just keep getting hit and losing money.

Mia: Besides reading books, did you join any communities or follow any KOLs during your beginner phase?

Yu Yu: At first, I did look at other people's content. I’ve written about my learning experience when I first entered the market, and I once posted an article on Twitter mentioning an ancient KOL I first followed—"Chessboard." His previous Weibo name was "Litecoin." When I first came across him, I was almost "crazy," constantly looking at his views and joining his community for a while.

However, in recent years, I haven’t joined any new KOL communities. The only group I’m still in is one I joined in 2018, built by an ancient KOL. Although the group owner is long gone, there are still over a hundred brothers who have persisted in keeping it, and the group has remained to this day. We occasionally meet offline, and I think it’s great to have friends who transitioned from online to offline.

But I also realized that if the sources of information are too mixed, like if you follow too many KOLs and read many scattered articles, it can actually create a lot of noise. The more chaotic the information, the greater the interference with trading. This can hinder you from forming clear trading judgments. You might be in the process of building your trading system, but because you received too much distracting information, you become hesitant and unsure about executing decisively. For example, if you are holding a position and suddenly see a KOL expressing an opposing view, you might waver and start to doubt whether you are wrong. So I believe that in this market, the only thing you can trust is yourself.

To be honest, after all these years, the number of people who can truly make money is very few. This actually reflects the current reality of the entire market. If "80-20" is considered optimistic, then I think "90-10" is more realistic. Most people are losing money. Even if someone has been in the market for seven or eight years, it doesn’t mean their trading ability is necessarily strong. Everyone's growth rate and learning ability are different. Some people may quickly improve their skills through summarizing past mistakes and intensive learning; however, many others fall into path dependence—they rely on the method that initially made them money and continue using it. But we are already in 2025, and Bitcoin has even been included in ETFs. If you are still using the old methods from a few years ago to trade, it definitely won’t work. Many people fail to make money because their thinking hasn’t kept up with the times. Trading is the same; if the market suddenly turns, you must quickly adjust your strategy. For example, in an upward trend, if there’s a sudden pullback that breaks the previous high, and you are still stubbornly holding or adding positions, then losing money is inevitable. Therefore, the most important thing in trading is to respond promptly and adjust flexibly.

The Most Difficult Low Point: Capital Zero and Borrowing to Survive (2018–2019)

Mia: How long after getting into Web3 did you earn your first bucket of gold?

Yu Yu: At first, I was probably like many newcomers to the trading market, learning and observing various indicators, then trying to apply them to the market one by one.

However, in the first two years, I hardly made any significant money. Not only was the market volatile, but my account balance was also fluctuating. I would earn a little and then lose it back, over and over again. This continued for almost two years.

At that time, I felt embarrassed to ask my family for help, so I chose to bear it myself. Eventually, after losing most of the borrowed money, my mindset was on the verge of collapsing. I felt that if I lost two more times, my mentality would completely break down.

Like many newcomers, I tried various indicators while learning and practicing, but in the first two years, I hardly made any big money, and my account balance kept fluctuating, earning a little and losing a little, going back and forth for nearly two years.

Mia: Fortunately, you seem to have made it through now. How did you operate during that time?

Yu Yu: Because 2018 was when I first started getting into contracts, I didn’t understand the entire contract market at that time. It was probably similar to many of the brothers who just entered this circle now; I didn’t have much respect for leverage. I would uncontrollably open high leverage positions, whether it was ten times, twenty times, or even worse, fifty times or a hundred times.

At that time, the highest I opened was probably ten to twenty times. But I really had no respect for the market at all. I kept thinking about going all in, wanting to double my funds quickly. Because at that time, there were people making money in the market, and everyone had gone through that phase. When you see others making money, you feel very anxious.

You start to wonder why others can do it, but you can’t.

But in reality, once you take that step, you find that you really can’t.

Key Turning Point: Moment of Enlightenment and Wealth Explosion in the Bull Market (2020–2021)

Mia: When did you suddenly feel like you "got it" in trading and experienced a real breakthrough?

Yu Yu: When I first got into trading, I didn’t really understand concepts like rolling positions; I was mainly playing with some small altcoins. The first time I made hundreds of thousands was through a project by Sun Ge, TRON, and BTT tokens, but I later lost most of it.

Speaking of "getting it," it does happen—there’s a moment when you suddenly feel you can break through all previous trading bottlenecks, and trading starts to become smoother, like a fish in water. Or it’s similar to that moment of enlightenment in martial arts novels, where a master suddenly realizes something and crosses a threshold in an instant.

The "312" event, which struck fear into many, was actually my turning point. At that time, Bitcoin dropped from over 10,000 to a low of 3,791. I started trying to participate when it was around 6,500. Due to leverage, as the BTC price continued to fall to over 4,000, my account balance significantly shrank. I kept reducing my positions to control risk, and the liquidation price dropped below 3,000. Fortunately, the exchange cut off the network at that time, preventing panic from spreading.

The moment that made me "get it" was during the bull market phase after "312." I had been hovering around the 1 million mark for a long time, psychologically fixated on breaking through that whole number. One day, while watching the market, I suddenly had a very strong intuition about a coin: "This is it; it will keep rising." Although I can’t recall which coin it was now, that feeling was very clear at the time. After that, the market stabilized and entered the super bull market of 2021, and I finally earned my "first bucket of gold."

I had my leverage set quite high at that time, around 5 to 10 times. After breaking through, I kept increasing my positions and rolling over, growing from less than 1 million to 3 or 4 million. That wave was essentially the true starting point of my success. Following that, I continued to roll over throughout the entire bull market, ultimately reaching nearly 20 million.

Painful Reflection: The Inflation and Collapse After Sudden Wealth

Mia: Everyone says that money earned through luck will eventually be returned through understanding. So, did you manage to keep the tens of millions you earned around the age of 24?

Yu Yu: I always felt that if it weren't for my parents, I might not have kept a single penny from that wave of sudden wealth. Earning tens of millions in my early twenties can create an illusion of "I am a genius." At that time, I felt extremely inflated inside; although I appeared restrained on the surface, I genuinely believed I could easily earn 50 million or even 100 million in the future.

I didn’t flaunt this to my friends, but I did share it with my parents. For a child, parental recognition is the most important. Initially, my dad even thought I was doing something illegal and repeatedly confirmed whether it was legal. After confirming it was legal, his first words were, "Hurry up and withdraw to buy a house and a car." But I couldn’t take it in at all, and later I even stopped answering his calls.

In the end, it was my mom who persuaded me. She has always been gentle and unconditionally supportive, telling me, "Your dad is doing this for your own good; just listen to him once." I eventually compromised and happened to cash out half of my funds at the peak of the bull market to buy a car and a house. The remaining over 10 million was completely lost within six months.

Looking back, if it weren't for that house and that car, I might never have been able to stand up again. It was these real estate assets that supported me and gave me the confidence to start over—knowing that even if my account went to zero, I still had something left.

In trading, personality determines the ceiling. Some people become conservative after getting rich, only thinking about preserving their wealth. But I am not like that. I have always been running on the path of realizing wealth through understanding, even if I stumble along the way, I know I must keep moving forward. Fortunately, my upbringing gave me this indomitable spirit.

II. Rising to Fame in One Battle—How the "New Trading God" Went from 50,000 to Over 100 Million in 1 Year and 9 Months

From 1 Million to 10 Million: All Thanks to Ordi, Revealing the Trading Techniques

Mia: What were the key points and operations that helped you grow from 1 million to 10 million?

Yu Yu: Besides the initial 500,000, the most critical phase was through the coin Ordi, which helped me grow my funds from 1 million to 10 million. However, upon reaching the 10 million mark, I experienced a prolonged stagnation period. My assets fluctuated within a range, much like the market's volatile conditions, and I struggled to break through. I hovered around that mark for several months, desperately wanting to overcome the 10 million bottleneck, but the market conditions were not ideal. No matter how I traded or monitored the market, a breakthrough seemed hopeless.

I kept reflecting: Where was the problem? Was the market unsuitable for me? Or was it my mindset? Eventually, I realized it was a mindset issue. My eagerness to break through the 10 million mark created significant pressure in my mind, which became an obstacle instead. Later, I concluded that my mindset needed to be calm; I shouldn’t be impatient but rather patiently wait for market conditions that suited me. Only by allowing things to develop naturally could I achieve a true breakthrough.

Ordi was a coin I was very optimistic about when inscriptions and BRC-20 first emerged. It initially launched on a small exchange. Over the years, besides OKX and Binance, I had hardly used any other small exchanges because the safety of funds is crucial for me. It wasn’t until Ordi came out, and other platforms hadn’t listed it yet, that I started using this exchange. Initially, I transferred a small amount, around 300,000, buying near the peak at about 30 dollars. Afterward, I experienced a long decline, and when it dropped to the 20-dollar range, I felt the trend was unusual, so I cut my losses and exited, losing over 100,000. Because I was trading with leveraged contracts, the losses were relatively large, and afterward, I withdrew all my funds.

Later, when Ordi was listed on OKX, it went through several months of consolidation, and then the wave of inscriptions surged, with the price rising from 3 dollars to 100 dollars. However, I missed the initial tenfold increase from 3 to 30 dollars. My trading habit is not particularly good at catching the starting points, so I didn’t participate in that profit. When the price reached 30 dollars, I judged that the trend was far from over. At that time, the external environment and market trend were both favorable, right in the midst of a small bull market, so I began to build my base during the consolidation around 30 dollars, leveraging up to 2 to 3 times. Each time there was a breakthrough, I continued to increase my position, ultimately reaching over ten times leverage. This was because I had a sufficiently safe profit cushion. For example, I built my position at 30 dollars, and when the price broke through 33 dollars, I added to my position, bringing my average price to about 31.5 dollars; then I continued to add when it rose to 37 dollars. Although the leverage was high, the overall opening cost remained at a relatively safe level. I can’t recall the specific prices and K-lines now; I would need to be in front of a computer to explain in detail. However, I can later provide more details on how I rolled my funds from several hundred thousand to 10 million through continuous rolling operations.

Mia: At that time, when you were adding to your position with floating profits, what ratio did you generally set for adding to your position?

Yu Yu: I almost always used a one-to-one ratio for adding to my position. For example, when I initially used two times leverage, during a market breakthrough, I would add another two times leverage; later, when I encountered a significant resistance level, my leverage had already reached four times my initial capital, and for the next breakthrough, I would add four times leverage. It was a continuous rolling operation.

I remember that wave of the market rose from over 30 dollars to over 50, even reaching 60 dollars, during which I made several million. After that, starting from 60 dollars, it entered a consolidation phase. This period of consolidation actually suited my trading style, and I kept buying high and selling low during the fluctuations, earning some additional funds. Subsequently, the price rose from 60 dollars to over 90 dollars, during which I also made a bit, but not significantly. After that, the price began to drop from 90 dollars, and my 10 million assets started to stagnate from that decline. The first wave of the 10 million retracement occurred with Ordi. Because it continued to decline, I ultimately chose to cut my losses and exit. Later, I realized that its trend had changed, and continuing to trade short-term in that range was no longer profitable. So, I withdrew all my funds from Ordi and began trading other mainstream coins, such as Bitcoin and Ethereum.

Mia: How did you manage your positions while trading Ordi? For example, what percentage did your base position typically occupy in your overall position? And how did you determine the ratio for adding to your position?

Yu Yu: As I mentioned earlier, I had judged in advance that the overall market trend had not yet ended, and the market was still ongoing. Especially in the early stages, it had already experienced a significant increase. I think this point is crucial; even now, I still operate this way in my trading—when a certain wave of the market or a specific coin experiences a significant rise or fall, once it enters a horizontal consolidation adjustment phase at the bottom, that’s a very safe range for me.

I usually choose to use very high leverage for short-term speculation within that range, capturing its oversold rebounds. Taking Ordi as an example, it rose from 3 dollars to 30 dollars, which is already a tenfold increase. For many people, this rise is substantial, but at that time, I believed the market sentiment was still very strong, the entire inscription series was far from over, and various new coins were emerging. So, I judged that this wave was just beginning. Therefore, I would directly use high leverage during such phases. For instance, I would build my base position at around two times leverage, and subsequent additions would almost always be on a one-to-one basis—this is what I mentioned earlier about adding to my position with floating profits.

Mia: During the particularly hot period of inscriptions, I remember many other coins also emerged. Did you consider trading projects other than Ordi?

Yu Yu: No. Besides Ordi, I hardly engaged with any others. The only one I traded was Ordi. I always focused on the leading coins; at that time, I determined that Ordi was the leader of the entire inscription series. Since it was the leader, I wouldn’t touch those "younger coins," like "Little Dragon," "Dragon Two," or "Dragon Three." For me, it was all about trading the strongest.

Over 100 Million Profit: Bouncing Back from Three Liquidations with a 50,000 Loan, Trading BTC and ETH

Mia: You turned 50,000 into 100 million in a year and nine months. Did you withdraw all the money and then try to operate with the 50,000?

Yu Yu: No. After the liquidation in 2021, I was almost at zero, without even the principal. Since the property hadn’t been officially transferred, selling the house for collateral wasn’t realistic. I ultimately borrowed a few thousand and started trading again at the end of 2021. During that period, I made several million in profits with that capital, but ultimately couldn’t hold onto it. I went through repeated cycles of profit and loss. Until mid-2023, I used about 1 million in my account to increase my position in a trade. Initially, I was correct in my direction, but due to greed and leveraging, I ultimately failed to chase the highs, and within a few days, the market value dropped by 70 to 80%, leading to a complete collapse of my mindset. I thought, "What’s the point?" and ended up losing everything. After a few months of adjustment, in October 2023, I borrowed 50,000 for one last attempt. This time, I didn’t withdraw frequently; I started operating more cautiously, investing in mainstream coins and some altcoins on OKX, reaching a peak of 500,000. In the past, I had been recording my trades in real-time, experiencing about three to five liquidations from bull to bear markets. Upon reflection, I realized that the key to liquidation wasn’t the technique but rather the collapse of my mindset. This time, I learned all the lessons and began to truly value position management and risk control. All my data is publicly transparent, and everyone can see the entire process of how I grew from several hundred thousand to 100 million, which has earned me a lot of trust and support.

Mia: After three liquidations, did you reflect on your experiences? What changes did you make in your trading afterward?

Yu Yu: I have seriously reviewed my trades after each liquidation. The first time was in 2021 when I had over 10 million in the market but ended up liquidating due to blind optimism and overconfidence. I firmly believed Bitcoin would rise to 100,000 and thought I could use that money to earn 50 million, but when the market reversed, I completely failed to notice it. It was a youthful arrogance. The second liquidation was quite similar to the first; again, it was due to overconfidence. After continuously chasing the highs, I felt my judgment was very accurate, but it ended in failure once more. The third time was when I chased high prices in altcoins and got severely cut by a "guillotine." At that time, I didn’t cut my losses in time, holding onto the hope of a rebound, but it only resulted in a brief weak rebound followed by a steep decline, ultimately breaking my psychological defenses. These reflections made me realize that the fundamental reason for liquidation wasn’t the market but rather my arrogance and emotions. Later, I changed my strategy; whenever I had the thought that "the market will definitely move as I expect," I would force myself to calm down and avoid opening high leverage positions under such emotions. I summarized a lesson: don’t use too high leverage on a single coin. Under high leverage, if the market fluctuates slightly, like a 3% or 5% drop, you could face severe damage. You might get stuck, missing opportunities to adjust and transfer funds, watching the market present other profitable opportunities while being powerless.

Mia: How did you achieve the growth from 10 million to 100 million?

Yu Yu: From 10 million to 100 million, it’s actually the same as what I mentioned before; I didn’t achieve any excess returns from a single heavy position. As I often say, "profits and losses come from the same source"—if I start with 10 million and aim to make 50 million from one trade, the probability of loss will far exceed the probability of profit. Therefore, the process of growing from 10 million to 50 million was mainly completed through continuous trading of Ethereum and Bitcoin.

It was almost the same method as with Ordi. I would identify a range as a consolidation zone and then use three times leverage to trade Bitcoin or Ethereum, buying high and selling low, operating back and forth. For example, opening positions of several tens of millions, I could easily open and close trades in these two markets without any slippage, as the liquidity was very good. This is also why I chose to continue using this model for trading.

III. Trading Philosophy and Practical Methods—The Strong Stay Strong, Only Trade Leaders

How to Choose Targets & Tracks: Only Trade Leaders and the Hottest Tracks

Mia: How do you usually select coins?

Yu Yu: From the beginning until now, I have firmly adhered to one logic: I only buy leaders and only trade leaders. I filter the strong coins that I believe still have potential from the cryptocurrency market's gainers list, even those that have already experienced a first wave of increase and are currently in a second wave of consolidation. I choose to intervene during this phase. Because in this market, I have a very clear judgment—strong is strong, and weak is weak. Strong coins usually remain strong, while weak coins find it very difficult to rise.

Many people like to wait until strong coins have risen significantly before trying to buy some weak coins that haven’t increased, thinking that they might rotate up from a low position. This strategy may be effective during a bull market where everything rises, but it is very dangerous in a structural market. On one hand, it occupies your capital; on the other hand, when you see others' coins rising while yours remains stagnant, you will feel anxious and may frequently switch positions. The result is that when it should have risen, you didn’t enter, and when it’s finally time for it to rise, you missed out because you jumped ship midway. So, in the end, you didn’t make any money. Then, seeing others profit, you will feel very anxious. Therefore, I only trade the strongest coins.

I used to trade other targets besides BTC and ETH, but now that my capital has reached a certain size, I no longer do that. Because small coins lack depth, and opening/closing large positions can cause significant price fluctuations, so I can only trade large coins. Although I made money through mainstream coins and altcoins in 2021, everyone can clearly feel how difficult this current market is; it will not replicate the all-coin bull market of 2021. The more it is like this, the more important it is to select coins and manage positions. BTC has risen nearly five times from 25,000 USD to now, but ETH hasn’t even reached half of that increase. This bull market does not have the altcoin season that everyone thinks it does.

Mia: You just mentioned that you select some coins every day, including altcoins besides mainstream coins. What is your logic for filtering coins?

Yu Yu: I only trade leading coins. Many people may have heard of this "leading" strategy, and I firmly execute this strategy. The entire cryptocurrency market can actually be divided into many sub-tracks, with each coin having its own positioning and story, such as what specific track it operates in and what problems it solves, etc. I prioritize selecting leading coins within these tracks. Once I find that a leading coin has a sustained increase and a strong trend, and its movement aligns with my trading system, I will focus on it and look for suitable trading opportunities to enter.

Mia: Which track do you pay more attention to?

Yu Yu: When my capital was not large enough, I mainly focused on event-driven directions, such as Ethereum upgrades or various staking-related projects. Now, I choose to participate in the hottest and most popular tracks in the current market. For example, during the process of my real trading capital growing from 1 million to 5 million, I actually earned excess profits almost solely through the coin Ordi. Just from Ordi alone, I made nearly 10 million, completing the leap from 1 million to 10 million.

Mia: The secondary market is indeed becoming increasingly difficult. Have you considered switching to on-chain tracks?

Yu Yu: Since I first entered the market, I have always focused on the secondary market. Whether it was the booming ICOs in 2017 or other projects, I have never participated in any public offerings or invested in any projects. I haven’t researched arbitrage or other subfields on-chain either. Because I have always believed that as long as I focus on doing my trading well in the secondary market and achieve my goals, that is enough.

I have also joined some groups and seen friends making money on-chain. But personally, I don’t want to step out of my comfort zone. I have always believed that the secondary market is the field I am most familiar with and focused on. If I were to try other directions, such as on-chain, I would have to relearn and understand everything again, which is both troublesome and energy-consuming for me. The comfort zone is so comfortable; why jump out? Although the secondary market is not perfect, at least I can understand it, and it has already provided me with positive feedback. I don’t need to start over in a completely unfamiliar track or blindly chase opportunities. I have always believed in "profits and losses come from the same source"—it has been this way since I started trading contracts. If I make money through contracts, I could also lose money in the same way. The same goes for on-chain. If I take a very small amount of capital to "mine," and if I really hit a hundredfold or thousandfold, I might develop a path dependency, always thinking about whether I can find a few more "gold mines" in such a large circle. But I don’t understand the complexity of on-chain, and I estimate it’s not lower than the secondary market. So I think it’s better not to participate for now.

In the past two years, operating in virtual currencies has indeed been very challenging, and most people know this. Meanwhile, I have continuously doubled my capital over these two years, accumulating excess assets. I believe that the secondary market has not encountered significant bottlenecks; it’s just inherently difficult to operate. Because I am a swing trader, mainly doing short-term trades, volatile markets suit me better. I assess whether the market is in a consolidation range and then use higher leverage to profit from the fluctuations. Most people might be trading spot, earning or losing a point. But if I judge that the market is in a consolidation range, I will use three times leverage for short-term repeated trading. In this way, as long as the market cooperates, I can achieve good returns.

Risk Control System: Large Capital Should Trade Mainstream Coins, Withdraw Part of Profits After Earning

Mia: Have you developed a path dependency from making money on Ordi? For example, trying to replicate a similar trading model and ending up with losses?

Yu Yu: No. Because after I withdrew from Ordi, my asset size was already close to 10 million. At this point, I basically stopped trying to replicate that model through other altcoin contracts. I believe that once you reach this level of capital, if you continue to trade altcoins, on one hand, the depth is insufficient, and on the other hand, if your position is too large, the position information is relatively transparent on exchanges and can easily be targeted. Therefore, once your capital reaches a certain scale, you must focus on mainstream coins like Bitcoin, Ethereum, and Solana, which can accommodate large capital and are not easily manipulated. Markets like Bitcoin and Ethereum are not influenced by a few tens of millions or even hundreds of millions of funds. Trading in such markets is a safe and stable choice.

Mia: Many people, after their positions grow larger, may choose a more conservative approach, such as reducing leverage, decreasing position size, or diversifying into other directions. Have you made any adjustments in this regard, or do you still operate the same way as before?

Yu Yu: It’s still the same. Because, as I mentioned earlier, it’s determined by my personality—I'm inherently a more aggressive person, bold and with a good mindset. I can bear the profit and loss expectations I set. For example, when I open a position, I will assess in advance how much I can earn and how much I can lose, ensuring it’s all within a controllable range. Even if I do experience significant losses, I have confidence in my ability to quickly adjust my state and wait for the next suitable opportunity to re-enter.

Through continuous reflection and refinement over the years, my trading system has become relatively stable. Now, I am just continuously stripping away impurities, making it increasingly approach a sustainable profit model. I have already verified that this model is effective, so the only thing I need to do next is to believe in it and execute it firmly. Truly achieving the unity of knowledge and action is very rare. Once you truly enter the market and establish a position, the situation changes completely. This is why analysts in the market are often not well-received—because no matter how well you articulate it verbally, executing real trades is a completely different world.

Mia: After experiencing so many liquidations, do you still worry about continuing to open such large positions? For example, what if you encounter a black swan event one day?

Yu Yu: Indeed, I previously set a phased goal for myself, such as first reaching 50 million, and now I aim to reach 100 million. Just at this time, the profits from my real trading have indeed surpassed 100 million. After completing this phased goal, I will be more inclined to do some "defensive" operations, which means appropriately diversifying my funds and no longer concentrating all my capital in one basket of contracts. Although I have previously done asset isolation, such as withdrawing part of my funds, the overall cash flow is still relatively sufficient. Real estate is also very stable, so even if I were to lose or clear all the funds in the market now, it wouldn’t have a significant impact on my life. I still have the confidence to continue trading in the market.

Mia: How do you set your take-profit and stop-loss lines?

Yu Yu: In the beginning, I actually had a relatively strict stop-loss standard. For example, if the altcoin I was trading dropped more than 15%, meaning my overall assets shrank by 15%, I would decisively stop-loss. But later I found that this method was not applicable to altcoins because their volatility is just too large. Following this logic, I ended up constantly stopping losses, and my capital kept decreasing. So, my stop-loss strategy began to become more flexible, more based on the specific market conditions.

Especially now, my entire trading system only looks at naked candlesticks and no longer uses any technical indicators. I personally believe that candlesticks can most intuitively reflect the market's support levels, resistance levels, and trend reversal points. Therefore, my take-profit and stop-loss judgments are basically based on the support and resistance within the candlestick structure. At first, I was like everyone else, reading many books and studying various technical indicators, such as Elliott Wave Theory, moving average systems, and the Chan Theory, etc. But later I found that these indicators are mostly lagging. When they signal "buy," the market has often already risen for a while, and the trend has formed. If I rely on these signals to operate, I will always lag behind the market. So, I gradually stripped all these technical indicators from my system and focused solely on naked candlesticks—using candlestick charts to tell me in the most intuitive way how to operate.

Mia: How do you handle it when you realize your trend judgment was wrong?

Yu Yu: Of course, I can also misjudge. But my trading habit is this: if I judge that a certain coin might show a good upward trend, I usually establish a base position while it is still in the consolidation phase to test the waters. Because I tend to monitor the market for long periods, and I believe my market sense is relatively strong. Typically, after entering the first base position, during the subsequent monitoring process, I can sense the market's strength—whether it is a strong consolidation or a weak fluctuation; I can perceive these.

Trading Frequency & Win Rate: Depends on Profit Points, Binding a Rebate Code Can Really Save on Fees

Mia: What is your trading frequency for swing trading?

Yu Yu: It's actually hard to define this frequency clearly. As I mentioned before, I choose to do short-term swing trading in the consolidation zones after high volatility. At this time, the frequency of swings actually depends on your profit points. Don’t set a particularly precise expectation, like needing to earn one or two points after receiving an order. Instead, you can choose to "run when there’s a profit." When your profit can cover the trading fees, you can choose to take profit. Although the fees are relatively high, I still recommend that everyone bind a rebate code, no matter who you find; it can really save a lot. I didn’t bind a rebate before, so in the two accounts I currently use for real trading, the fees alone have contributed several million.

Mia: How do you control the rhythm of your swing trading? For example, when to be in cash and when to open positions?

Yu Yu: To be honest, I don’t have a fully formed trading system for swing trading; I really rely on market feel. I look at candlestick charts, support and resistance levels, and then judge through market feel. For example, if I feel the market is strengthening, I buy in or place orders in advance. I think everyone can try placing orders in advance: when the market is relatively calm or enters a consolidation phase after high volatility, you can find some important support or resistance levels on the chart and place some long or short orders. It’s really easy to get filled. After getting filled, the first target is "to exit the order," without thinking about making a lot of profit from this order. This point is particularly crucial. I can almost get filled at a decent position every time I place an order, and when I see a profit on the market, I just close it. This is a little trick that I find quite useful from my personal practice.

Mia: What is the win rate for this?

Yu Yu: Very high. Almost every time I place an order this way, as long as I get filled, I will make money. But the premise is that it must be in a consolidation zone. Don’t wait until a major trend to place orders, as it’s easy to be swept away by the market. So, you must clearly judge whether the current market is in a consolidation phase. If it really is a consolidation trend, then placing orders will have a very high win rate.

Mia: We just talked about stop-losses. You mentioned that you used to control it quite strictly, for example, stopping losses if an altcoin dropped 15%. But later you felt that setting a 15% stop-loss was too large and would lead to constant losses. How did you iterate your stop-loss system later?

Yu Yu: My current stop-loss system is designed based on the opening price, generally placing the opening point in front of a position with a clear stop-loss target. My stop-loss logic is actually very simple, as I mentioned, it’s about "heavy support zones." I will choose to open positions at places with clear stop-loss points. For example, if Bitcoin's price is 119,000, the strongest resistance below it is definitely the previous high. As the price approaches that target, it actually becomes safer. At this point, once you get filled, you will have a very clear stop-loss point—if it drops back to the previous high, I will stop-loss. This method applies to any coin. As long as it has a very critical support level that has been validated multiple times, you can use that position as your stop-loss point. When the price effectively breaks below—of course, there’s a distinction between false breaks and effective breaks, which we need to judge ourselves. But I still recommend that everyone stop-loss if it breaks. You can choose to wait for it to rise again before re-entering, but the stop-loss must be decisive and placed at the most important position.

Trend Judgment: Mainly Look at Naked Candlesticks and Volume-Price, Achieving Unity of Knowledge and Action

Mia: What kind of trend or structure qualifies as conforming to your trading system?

Yu Yu: My trading system is actually very simple. As I mentioned before, I have always believed in "simplicity is the ultimate sophistication." I have basically stripped away all the flashy technical indicators and completely excluded them from my trading system. What remains is actually something everyone is familiar with and can understand—looking at naked candlesticks, such as head and shoulders, wedges, triangles, and upward structures. To this day, I still mainly refer to these patterns in my trading.

But I believe that compared to most people, my strongest point is my execution ability. Although I can’t say I can achieve 100% unity of knowledge and action, as long as I determine that a pattern conforms to my trading system, I will execute it very strictly and completely believe in it. Because many people can also understand these patterns. For example, when a head and shoulders pattern forms, everyone can see it and knows how to measure the increase—from the lowest point to the highest point to calculate a target. Many people can even build positions in advance and indeed wait for the breakout, but during the actual upward movement, there might be a small pullback that scares them away.

In the end, this pattern indeed plays out, and the trend is correct, but they may not have made any money. The reason lies in the fact that during the monitoring process, they constantly doubt themselves and are even controlled by human nature—thinking, "Is it going to drop further? Has the pullback ended?" Then, before confirming, they throw away their positions. As a result, when the trend truly picks up and the pullback ends, they miss out on the core upward movement. But my execution ability is really very strong.

Mia: But have you ever made mistakes in this situation? Because sometimes, even if the pattern has already formed?

Yu Yu: Yes, of course, that happens. The type of breakout trading I do, whether it’s a pattern breakout or a range breakout, actually has the potential for failure. For example, it could just be a very simple consolidation range—repeatedly fluctuating up and down, moving sideways. I usually build a base position in the middle of this consolidation range, where the win rate is 50%; it could break out upwards or downwards, so the risk-reward ratio is basically one to one. But because I tend to be bullish and judge that it will rise, I will first build a base position in the middle. Once it breaks out, I will add to my position again, increasing it in a one-to-one ratio. After adding, my overall average price will be raised to near the middle range, and at this point, I will immediately set a breakeven line—preventing profitable positions from turning into losses.

What if it’s a false breakout? This situation is also very common. How do I handle it? If I have a base position and added to it during the breakout, once the price returns to my opening position, I will decisively close it at breakeven. This is how I handle false breakouts. But if I didn’t have a base position and chased the price after the breakout, then I must keep an eye on the market. At this point, it enters the "market feel" phase, which is somewhat esoteric. When I feel that the trend is still strengthening, I will continue to add to my position; if the trend weakens, I will keep reducing my position.

The entire process involves repeatedly testing positions. For example, if I find out it’s a false breakout after adding to my position, I will immediately reduce it; if after a pullback I still feel there’s hope, I will add back in. I keep testing like this until it truly breaks out. Although this method may have considerable wear and tear in the early stages, once it truly breaks out successfully, the returns are very substantial. Moreover, during this process, by continuously reducing my position, I can maintain a high level of safety. This means that even if it ultimately does break down, I have already reduced most of my position. When it finally confirms the breakdown, I will cut the remaining position, and the overall loss can actually be controlled. But if it breaks out smoothly, then through my repeated testing of positions, I can not only capture the entire upward movement but also ensure that the final profit is enough to cover all the costs incurred from previous trial and error.

Mia: For example, after it has already broken out, how do you judge whether it is strong or weak? Do you use any volume-price analysis methods at this point?

Yu Yu: Yes, I do. I mainly look at naked candlesticks and volume-price, focusing on whether there are actual transactions, whether it’s a volume increase or a volume decrease. But this also needs to be combined with the overall market trend for specific judgment. For example, when setting take-profit and stop-loss levels, the best way is to combine the historical strong resistance and strong support levels from the candlestick chart. How do you judge these positions? It’s actually by looking back at past candlesticks—if a certain price range has been touched multiple times but has never gone up, it is likely to form a resistance level; similarly, if a range repeatedly fails to drop, it will form a support level. These positions generally do not appear just once; they are often naturally formed after multiple tests.

Operating near these key levels, whether opening positions or setting stop-losses, will be relatively safer. For me personally, this method has a much higher win rate than using moving averages, Bollinger Bands, and other technical indicators. Including now, if you look at my real trading records on Binance or the projects I’m currently working on, you can actually see that my opening position win rate is very high, basically over 60%. This is accumulated through this kind of repeated swing trading and continuous profits, including the breakout adding positions and testing positions trading system I often use.

This is the method I have summarized over the years that suits me best. Of course, it may not be suitable for everyone. Some people may be more accustomed to using moving averages to determine when to open or reduce positions. Everyone has different methods that suit them; the key is to find a system that works best for you and then continuously deepen, evolve, and learn based on that to gradually improve your trading system.

Mia: Do you have any little tips to share regarding volume and price?

Yu Yu: Actually, regarding volume and price, I suggest everyone read more related books. Reading is truly the simplest, fastest, and most systematic way to acquire knowledge. Whether you are in this market or want to become an excellent secondary market trader, many powerful OGs won’t freely share their core experiences with you. Even if they are willing to share, they won’t teach you how to improve and execute every single point comprehensively. But by reading, you can systematically understand the logic of volume and price, grasp some key methodologies, and then verify and evolve them into a system that suits you in practice.

IV. Trading Life—Material Needs Met, Next is Helping Others Make Money

After Making Money: Not Afraid of Doubts, Want to Share the Trading System with Everyone

Mia: How has your state changed after making money? Has there been any change in your trading?

Yu Yu: In this market, I have seen many so-called "geniuses," but most are fleeting. At the beginning, you might think that 500,000 or 1 million is already a large asset, but when you truly reach that stage, you will find that your inner greed will constantly erode your mind, telling you, "Not enough, far from enough; you need to earn more, even up to 10 million, 50 million, or 100 million." So at this point, it depends on a person's character—whether they can suppress their inner desires determines how far they can go.

Over the years, the most impressive person to me is just one. When I first entered the circle, we all joined a KOL group. I remember very clearly that he used 50,000 as capital during the bull market in 2017, rolling it through contracts, and ultimately turned 50,000 into 20 million. He is the only person I have seen who immediately stopped after making money. He was not driven by greed; he directly withdrew and took all his funds out. Even today, eight years later, I still find him the most impressive. Because during the super trend in 2021, many people also made millions, but if they continued to stay in the market until 2024 or even 2025, most have already lost back most of it, and very few have managed to hold on.

Mia: When you share your story of making 100 million on various platforms, you also faced a lot of doubts. How do you deal with these doubts?

Yu Yu: This situation is quite common. In real trading, people might say it's fake. When I first started sharing on social media, many people indeed questioned it, saying it was fake data, or calling me a "hired gun" for the platform, or saying it was just to "create a god." After these discussions arose, since Binance started the real trading project, these doubts have basically disappeared. Because no matter how skilled an individual is, it’s impossible to collude with an exchange to manipulate trading data. The real trading data is completely connected to the trading account, and all historical profits and losses, trends, and capital curves are recorded clearly, so the doubts are almost zero. With real trading initiated, the performance can be verified. My real trading data is right here. If you think the exchange is fake, go check it out; if you think the exchange is also fake, then I can only suggest you switch to a different track, as this path is not suitable for you to trade.

Mia: Many people might think that since you have already made so much money, why are you still willing to share?

Yu Yu: I think this is a misconception that most people have. Many people will tell others what to do when you have money: you should buy luxury cars, you should buy houses, you should buy luxury watches, you should buy all kinds of luxury goods. But I want to say that these things are just evolved from societal norms; they are what you can hear and see, and they do not represent what everyone should do. At least I am not, so I share and create this content. Because I feel that it can better fill the emptiness in my heart. I believe I have found something I love and that is meaningful—this is the significance of my social media sharing.

Because I have always thought that, like everyone entering the market at this "highest difficulty" stage now, although opportunities are becoming fewer, the risks are actually decreasing—it won’t be like the previous bull markets. Because in a bull market, it is often accompanied by a bear market, and very few people can hold onto the fruits of victory during a bull market. I myself experienced too many setbacks and failures in 2018 and 2019. Looking back now, I feel that if I can share my trading system with everyone and help them avoid some detours, that would be a way to give back to my past self.

In this difficult market environment, although everyone says "it’s hard," there are still people making money. However, these rare "gods" are not the kind of overnight riches we imagine, nor are they achieved through luck. Their real secret is the persistence and focus of eight years—whether it’s on their trading system, the track they choose, or the role models they admire—they maintain a very high level of focus.

Trader's Daily Life: Only Trading is Exciting, Everything Else Becomes Boring

Mia: How long do you stare at the market every day to train such market feel?

Yu Yu: Actually, this process is very long. For the first five or six years, even until now, even after making money and achieving some results, I still maintain the habit of staring at the market for long hours every day. As long as I sit in front of the computer during trading hours, I almost never get distracted by other things. In the early days, I had no social life at all, almost putting all my interests and energy into trading. You could say that aside from eating and sleeping, all my time was spent on monitoring the market and reviewing trades.

Perhaps it is precisely because of this high-intensity market monitoring over the years that my market feel has gradually developed. Of course, I think market feel is somewhat esoteric. From my personal experience, part of it can be trained, but I also believe that part of it does come from talent. Because I can clearly feel that especially in recent years, I am more sensitive in terms of market feel than many people. Staring at the market for more than ten hours a day might sound exaggerated, but it definitely exceeds the normal working hours, like eight hours; it is certainly more than that.

I think this can no longer be considered "self-discipline"; it feels more like a habit developed over a long time. I have completely adapted to this lifestyle. Every morning when I wake up, after washing up, the first thing I do is sit in front of the computer and start looking at the market. I go through the entire cryptocurrency market’s gainers list every day, including mainstream coins and altcoins I have previously followed. From large cycles to small cycles, such as daily, 4-hour, 1-hour, and 15-minute charts, I look at all of them. Then I filter out the coins that I think still have trading value today or in the next few days and add them to my watchlist. Once I finish selecting the coins, my morning preparation work is done.

Next, I will do some of my own things. Because I don’t have any other hobbies, I usually just watch game live streams or invite friends to play games together. Of course, during this process, I generally operate on dual screens, playing games while continuing to monitor the market. When a trading opportunity arises, I will immediately pause the game and switch to trading operations.

Mia: Your daytime life is mainly about monitoring the market and playing games with friends, without other leisure activities?

Yu Yu: I don’t have any particularly special leisure life because I have been trading and doing contracts for so many years, which has raised your "threshold" too high—under such high stimulation, it’s hard to get interested in other things; many things feel quite boring. I genuinely enjoy the feeling that trading brings.

Mia: Especially for contract traders, because they have to endure huge volatility, they often can’t sleep well at night. Are you the same?

Yu Yu: Since starting real trading, my sleep quality has actually been quite good this past year. As long as there isn’t a major market fluctuation, I can almost sleep through the night and rarely wake up to check the market on my phone. However, like recently when the market has been good and my routine is relatively healthy, I might check my phone when I get up to use the bathroom at night. Because the current market has completely "Americanized," its major fluctuations almost all happen late at night, which is actually very unfriendly to our rest time as Asians. Personally, in the past few years, aside from trading, I really have no other hobbies. Because I am inherently a person with low material desires, I don’t like luxury cars, I don’t like luxury watches, and I have no interest in any luxury goods. So I think finding something you truly enjoy to fill the spiritual void is already very good.

Mia: Do you enjoy the feeling of trading as a "one-person carnival"?

Yu Yu: I don’t deliberately endure "loneliness," but when trading, that state itself makes me feel very comfortable and happy. For example, the rise and fall of candlesticks will cause your emotions to fluctuate with it. But if I’m not trading, there are really very few things that can make me feel emotional fluctuations. And during the trading process, I can clearly feel that I still maintain a strong drive; this feeling of "still on the road" is very strong and makes me very determined to keep going.

Order Taking Plan: Go All Out to Take Orders, Give Back to Those Who Believe in and Support Me

Mia: After reaching such a large capital scale, do you have new plans for trading?

Yu Yu: Because I have always been a very competitive and strong-willed person. In everything I do, I hope to do my best. Although I have now grown from 50,000 to 100 million, I may not yet be at the top, but I believe I am not worse than others. For me, the goal of this stage has been achieved, and the focus will shift to taking orders. Since I started sharing real trading, many brothers have seen my data and are more willing to believe in and support me. It has been nearly three months now, and with so many people paying attention and supporting me, I am very grateful. Therefore, I hope to give back to the brothers who have always supported me through taking orders. Whether it’s helping them make money or letting them learn something in the process, it is very meaningful to me.

So I will take "taking orders" as the core goal of the next stage. Not only do I want to achieve the best results in real trading, but I also want to excel in taking orders. As you said, to do well in taking orders, the most intuitive manifestation is the performance, being able to help those who believe in you truly make money. The most impressive thing is not making money for myself, but being able to help others make money together; I believe that too. And over the years, I have always been very confident in myself, whether in trading or other areas, I believe I can do my best. So this time, I will go all out in taking orders and strive to do my best.

Mia: Besides helping others make money and sharing experiences, do you have any new arrangements for asset management?

Yu Yu: I have always had a spot account, although the amount is not large, but the holding time has been very long. I also periodically add a little position to it. Because I feel that I have earned the current funds through the crypto market, I hope to continue using this long-term accumulation method to retain my initial belief in this market. Even if Bitcoin rises to 200,000 or 300,000 in the future, I will not touch my spot account; I will only continue to hold it long-term. As for futures, if one day the market suddenly turns sharply downward or confirms entering a bear market, I might do some hedging operations, but I won’t reduce my holdings. Regarding other asset allocations, I might consider allocating a little to US stocks or wealth management products, but the proportion won’t be too high. I still hope to maintain my focus on the crypto market and my continuous investment in trading.

V. Market Outlook

Market Trend Judgment: Wait Until the Federal Reserve Confirms Rate Cuts for BTC to Trigger a Significant Correction

Mia: Do you think this momentum has already formed? How do you see the future development of the entire market?

Yu Yu: Of course, it has already formed. Since Bitcoin broke through its historical high, this momentum has been established. What you need to do is believe in it; it can take you to a higher stage. In fact, since that point in time, overseas institutions have been continuously increasing their holdings. I personally believe that the key to the entire market is that the buying power in the spot market is simply too strong. So when you ask how high Bitcoin can go, I can only say that the real turning point may have to wait until the day the Federal Reserve confirms rate cuts to trigger a decent and significant correction. Before that, as long as it does not effectively break below the new high of 110,000, I will not think that Bitcoin's trend has ended. On the contrary, I will only choose to continue adding positions during each pullback.

Mia: Do you think the altcoin opportunities have arrived as expected?

Yu Yu: Since Bitcoin broke its new high, I have always believed that there will be rotation, and it is actually already happening. But to say that it will replicate the kind of market from the last bull run, I think that is impossible. The logic of this round is that if you can make a single coin double, that’s already quite good. So my strategy is to seize this phase that may rotate to altcoins as much as possible and then sell it before the Federal Reserve officially cuts rates. This should be the best trading method for most people. Do not trade frequently, buying and selling back and forth; that kind of method is not feasible.

Mia: How will you operate in the upcoming market?

Yu Yu: If Bitcoin continues to pull back, I will choose to add positions in the lower range. I have set my accumulation range between the historical high and 115,000, and I will place orders in stages within this range. If it really experiences a deep pullback back to the 110,000 position, my overall position might increase to about three times. But if Bitcoin really breaks below 110,000, then I need to rethink whether the entire trend has deteriorated. Because in that case, the market might return to a very difficult-to-operate, narrow range like last year. At that time, the strategy would also need to be adjusted accordingly; we can no longer talk about any large patterns, but can only do swing trading within the range. Make a little profit and exit; if profitable, withdraw; we can no longer stubbornly hold on.

Advice for Newcomers: Making Money is Not Easy, Maintain Respect for the Market

Mia: If someone wants to become the next you, what do you think they should do?

Yu Yu: The secondary market, especially the contract market, is a very difficult road. It can truly be said that "one general's success comes at the cost of countless bones." For one person to succeed, there may be countless others who lose everything. I believe that most people on this path do not possess the necessary talent and find it difficult to truly go the distance. Therefore, the most important point is to recognize yourself and find the path that suits you best. This path does not necessarily have to be contract trading.

As for other traders, I actually haven't interacted with many. It wasn't until I started sharing recently that I gradually got to know some peers with good real trading results. Before that, I was almost completely alone on this path. So I want to say that if you want to go further in trading, the most important points are: believe in yourself, keep learning, and maintain focus. If you are not focused enough or passionate enough, after experiencing many twists and turns, it may be very difficult for you to persist.

The reason I have been able to persist is also related to the stage I was in at that time. I was young and could bear higher risks. Even if I had debts at the age of 23 or 25, I believed there would still be enough time and opportunities in the future to make up for it. Many of my brothers are different; they have families and may rely on a fixed salary to live each month, yet they want to earn extra income or improve their lives through trading. In this case, trading becomes very difficult. Because you not only have to face market risks but also bear enormous psychological and life pressures. With elderly parents and young children, it is impossible to fully devote yourself to trading. This also made me realize that a key factor in my ability to reach today is that I entered this industry at the right time and could invest myself fully. If I had married and had children early on, facing the responsibilities of family and children, perhaps I would not have the current energy to focus on trading.

Mia: Is it your eight years of unwavering focus that has created the person you are today?

Yu Yu: Many people have followed me after I turned 50,000 into 100 million, thinking I am some so-called "one in a million genius." If we look solely at the results, the capital I have reached can indeed be considered genius, but I have never thought of myself as a genius. Because the efforts behind my success are unknown to everyone; no one knows how much I have sacrificed to get to where I am today. So I think everyone should focus on their own field and enjoy their love for trading, which can help reduce anxiety. I want to tell everyone that I did not achieve this 100 million overnight in the past two years. Before reaching this goal, I put in a lot of effort and went through many experiences. In fact, this path is not as easy as we imagine.

Mia's Final Note:

Yu Yu's eight years represent resilience after three resets, the discipline of "not adding positions during floating losses" confronting human greed, and the practice of refining passion into a system.

There are no miracles in trading, only gradual accumulation: find your area of expertise → immerse in learning → validate in practice → painful review → iterative evolution.

"I never consider myself exceptionally gifted; I am just willing to pay the ultimate price for my passion."

He tears off the "genius" label and tells us that his story is not a myth, but the trajectory of an ordinary person persevering.

I hope his experience helps you avoid detours, and you, in front of the screen, will eventually become the person you want to be in your own field.

Disclaimer

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