Is leverage really a devil? The liquidation price is not important at all.
99% of people do not understand the core secret of contracts.
"What's the difference between opening 10x with 1000U and 5x with 2000U?
When you see someone asking this kind of question, you know they are just a beginner trapped by the liquidation price!
The position value is 10,000U, but only a fool focuses on the liquidation price.
Both methods essentially have a position of 10,000U, but novices only calculate: "10x leverage has a closer liquidation price, how dangerous!"
Wrong! The core of trading is not the liquidation price, but stop-loss discipline!
High leverage dies quickly? That's because you act like a gambler without setting stop-losses! If you open 50x leverage and then close the screen, if you don't get liquidated, who will?
Cash trading can't even be handled, contracts are just a money printer.
I've seen too many beginners:
"Teacher, how can I quickly turn 200U into 10 times?"
And then they really do it quickly, zeroing out in 5 minutes.
Remember: First earn your first pot of gold with cash, then use the profits to trade contracts!
If you can't even understand candlestick charts, what's the difference between going all in on contracts and betting on high or low?
Opening signals are not important at all!
Go long on sunny days, go short on rainy days? No problem!
The key is in position control.
Do you know why some people earn tens of thousands of U with 10x leverage over three years while others lose everything in three days?
Remember: The market is specialized in treating all forms of dissent but always rewards the cold traders who execute mechanically and think mathematically. Your account balance is a reflection of your understanding.
The more chaotic the market, the less you should open trades randomly; if you’re confused, consider following closely to not miss the opportunity to make big profits!!!
Daily focus: peoplr pepe doge
