First, let’s summarize: Rolling positions is a high-yield operation, but it also carries extremely high risks, so you must be cautious. The rolling position (exponential growth) + compound interest model is a cost-effective strategy. Note that rolling positions are exponential growth, and compound interest is a special manifestation of exponential growth. That is to say, all compound interest is exponential growth, but not all exponential growth is compound interest. Spot is the compound interest model, and futures are more like a linear growth model. . All in all, effective calls (unrealized profits) are the core of rollover and compound interest!
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