Although I personally like to trade high leverage contracts,

I sincerely do not recommend newcomers to recklessly go for 100x or 125x leverage.

I know this is driven by the desire to make quick profits. While sometimes you can gamble and succeed, after a long time with high leverage, I’ve found that most of the time, holding a full position at high leverage can only yield short-term gains, making it difficult to capture long-term ones.

Especially during volatile market conditions, the washout period can be brutal, just like I was washed out yesterday. Because of high leverage, I set my stop-losses relatively close, thinking that if I got knocked out, I wouldn’t lose much.

But I didn’t expect to be precisely knocked out just as the market continued to rise.

Watching the original take-profit level at 1810 today, I found myself not in the trade, and it felt like a knife was twisting in my heart.

What I mean is, if you only have 100 units or 500 units, directly going all-in with 100x or 125x is really not advisable.

It sounds exaggerated, but many people actually play like this.

I’ve often done the same, but ultimately it comes down to position management, which is not very related to the leverage used.

However, when you’re in the heat of the moment, a full position at 28x versus 100x can yield very different results.

Recently, I’ve been at a loss for how to play the market. My mindset has been shaken many times. Buying 100 units in the spot market is mainly about participation, studying other things.

It’s truly a love-hate relationship with this damn coin. When will it wake up and pull a few hundred points?

I remember last year there were two major market movements like this, and I didn’t catch either of them.