6.20 Position Management Teaching
First, we need to understand what 'sub-account' means. The concept of sub-accounts: dividing the position into 5-20 individual accounts. Assuming a total of $10,000, it can be split into 5-10 sub-accounts. The total amount opened each time cannot exceed that of a single sub-account. If divided into 10 sub-accounts, then each sub-account would be $1,000, and the maximum amount to open each time would be $1,000, with an annualized return of around 15%-25%.
Note: The maximum loss is also limited to a single sub-account. After losing a single sub-account, one should exit and observe. The leverage choice is between 3-10 times, and should not exceed 10 times.
Note: Amplify the sub-accounts through compound interest; the remaining US should be left idle in the spot market, not used to buy spot assets. Simply transfer the US directly into the spot account for safekeeping. Assuming a single sub-account is $1,000, after a loss of $300, transfer the $300 from the spot funds into the contract.