This answers the questions from the last post, with some brief categorization and subsequent market outlook - The market started to decline from the end of September last year, and now a year has passed. From the perspective of charts and time, it is currently at a relatively low level, so there should be no large short positions on mainstream coins going forward. Wait for opportunities to gradually turn bullish; if none come, just take a break - Looking back at the past few years' market trends, there are usually three to four smooth trend waves in a year. Being able to fully capture one or two of these trends in a year while controlling drawdowns is already very good. This is my goal, patiently waiting for the next opportunity - Controlling drawdowns: three points I can think of and am working hard to achieve 1. Reduce leverage, or even avoid leverage 2. Use isolated margin with stop-loss 3. Reduce trading frequency - How small capital grows, how to control position size, and how to manage funds When capital is small, you have to wait for trend markets; you can't make big money in choppy markets. Leverage is definitely necessary; when I started, I used 5-10x full margin leverage. Since leverage is used, stop-loss must be applied, and continuous trial and error is needed. The downside of this approach is obvious: if you keep stop-lossing due to trial and error and no trend market comes, what then? You can only do your best and leave the rest to fate. The best method of fund management is to isolate funds, open positions with isolated margin, don't put all your money in the trading account, operate multiple accounts/exchanges, and withdraw regularly - Fees: open positions yourself as usual