In the high-risk trading market, how to achieve rapid account growth while controlling risk is a challenge faced by every trader. This article explores strategies for choosing niche markets and day trading to help small capital traders achieve better returns. This article is derived from a piece written by Adam, organized and translated by Shenchao TechFlow. (Previous summary: Four strategies to avoid falling into FOMO, teaching you to stay focused on trading during a bull market) (Background Supplement: Sniping new coins) GMGN Robot Advanced Tutorial, making you a meme coin trading expert) Before diving into the main topic, please remember that trading is a complex and high-risk activity. There is no method that allows you to quickly grow your account in a short time without experiencing any losses. In fact, those who can rapidly grow their accounts often do so by taking on significant risks, sometimes even risking everything. The focus of this article is not to tell you to patiently wait for ideal market conditions or teach you how to analyze the market in depth. Instead, I will share some methods to help you achieve rapid account growth while reasonably controlling risks. If you are not yet familiar with basic concepts like 'risk management', I strongly recommend that you first read this article on risk management. Why choose to trade in niche markets? If you primarily trade in large markets like BTC, ES (S&P 500 futures), major currency pairs, or gold, you will be directly facing retail traders like yourself while also competing with large institutional players, quantitative firms, and more. This is mainly because these markets have extremely high liquidity, allowing large capital players to easily participate in the competition. Although trading these markets is not impossible, if you do not have sufficient capital, you will actually have more advantages in markets with lower liquidity. For example, many altcoin derivatives, NFTs, or on-chain tokens are not very attractive to large players because these markets lack sufficient liquidity to meet their trading scale requirements. When I started to study the altcoin market more deeply, I often found the clearest trading signals in markets with lower liquidity. At first, I was very confident in these 'low-threshold' markets, but when I tried to execute large positions, I found that my orders appeared very conspicuous on the order book, which made me realize the disadvantages brought by insufficient liquidity. However, for small account traders, this issue does not need to be overly worried about, because the liquidity problem will not really affect you until your order size reaches the high five or six figures. Taking Lina on Velo as an example, from the chart, we can see that potential breakout signals for Lina can already be observed a few days before the breakout occurs. Such opportunities could bring significant returns, but we also need to consider the potential risks. By reviewing Lina's trading volume and open contract data on the Laevitas platform, we can find that before the breakout occurred, Lina's daily trading volume was 16 million, and the open contracts were 4.5 million. If this trade fails and you hold a large position, your stop-loss may result in actual losses far exceeding expectations due to slippage. But for small account traders, their position sizes are smaller, and stop-losses are often triggered near ineffective points, so they won't face this problem. Low market cap alternative derivatives are not the only things you can participate in. On-chain tokens or NFTs are similar. When trading, the most important thing is to be aware of where the 'meta' currently is. For example, NFTs were very popular a few years ago, but now they have faded away. You need to understand the speed at which information spreads in this area, so you can avoid taking on unnecessary risks, and not miss out on significant returns due to premature selling. On-chain trading is very challenging. Although you may see many success stories on platform X, the likelihood of appreciating '1 SOL' to '1000' is very low. In on-chain trading, there are some unique strategies you can use, such as tracking different wallets, analyzing position distributions, or simply relying on common sense to avoid tokens heavily promoted by KOLs. Additionally, you will find that using simple support and resistance levels or trading indicators is usually sufficient to handle trading, especially for larger market cap tokens with lower risks of running away. Day trading Price has fractal characteristics. This means that if I show you a chart, you might find it hard to determine whether it is a daily chart, a monthly chart, or a 5-minute chart. Moreover, for highly liquid markets, if you are not familiar enough with it, it can be difficult to discern which specific market it is. For example, the above shows the 5-minute chart of XRP. If you choose swing trading, the trading frequency will be relatively low. Even if you profit, most of the time you will just patiently wait for opportunities, which only occur 1-2 times a week in each market. I will discuss swing trading in detail later, but day trading is different; it can provide immediate feedback, with numerous slight fluctuations available for trading every day. Therefore, if you engage in day trading and execute a small number of trades in each trading session, theoretically, your account funds will grow faster. However, day trading is one of the most challenging areas of trading. A slight distraction or a small mistake could cause you to lose all your profits in just a few minutes, just as quickly as you made money. I recommend that every new trader try day trading, as it allows you to quickly receive market feedback and accelerate the learning process. One major advantage of day trading is that you can focus on more liquid markets, making the trading scalable. If you focus on BTC, ETH, ES, NQ, gold, or major currency pairs, you won't face position size limitations. Nevertheless, day trading is very difficult and not suitable for everyone. It requires a high level of focus, quick decision-making, and decisive stop-loss capabilities. Therefore, it is very important to develop a detailed trading plan and strategy for each step. Once you enter a trade, emotions can affect your judgment, and that's when your prepared plan will come in handy. There are many methods for day trading, such as operating through price trends, order flow, news, technical indicators, etc. Each method has its applicable scenarios, and there is no absolute superiority or inferiority. If you are interested in my day trading and swing trading methods, you can check out Tradingriot Bootcamp, a training course designed specifically for traders. Trading with others' assets In recent years, the online funding provider (prop firm) sector has developed rapidly. If you are new to this type of company, you need to pay an evaluation fee first and comply with trading rules in a simulated account to gain access to a funded account. This model allows you to trade with larger funds, with the only cost being the evaluation fee. However, if you are not familiar with trading, you may waste funds by frequently paying evaluation fees without ever gaining access to a funded account. Although prop firms often generate controversy, I believe they present a great opportunity for those with trading skills but lacking capital. As this sector expands rapidly, it becomes especially important to choose a reputable and stable company. In recent years, we have seen some companies refusing to pay profits, setting rules that are nearly impossible to pass, or even going bankrupt directly. I may be a bit biased here because I was directly involved in Breakout ...

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