When trading contracts, do you rely on technology or your instincts?
If you trade based on your instincts, you probably won't sleep well. Why? You'll keep pondering whether your feelings are accurate, leaving you uncertain. As a result, you invest 100,000, and in the end, you lose half, with only 50,000 left.
If you trade based on technology, don't expect to sleep soundly either. Why? You'll constantly doubt whether the technical indicators are reliable. But you still trust the technology, and then, in the blink of an eye, your 100,000 is wiped out. What's even more frustrating is that after you get liquidated, the market actually moves in the direction you previously analyzed. At this point, you'll feel like the exchange is watching your account, deliberately messing with you, using a spike to liquidate you!
Then you'll feel extremely resentful, believing that your technology is perfectly fine and that it's the exchange that's playing tricks.
This back-and-forth will repeat over and over until you've exhausted your borrowing limits and can't borrow from online loans anymore, and only then will it come to an end!
Everyone, wake up! Retail investors trading contracts can only end up getting liquidated and exiting.