A Must-Read for Contract Losses! 6 Steps to Turn the Tables and Make Profits, Personally Tested and Effective

(With Real Stories of Turning Losses into Gains 🔪)

As a former novice who lost 30,000, I have realized:

Contracts are not a gambling table! Learn these 6 tricks to at least reduce losses by 80% of the principal—

1. Take Profits and Stop Losses = Lifesaver! Don't let greed ruin everything

Blood and tears lesson: I once watched BTC rise from 50,000 to 58,000, thinking “I’ll sell at 60,000,” but it dropped back to 52,000 in 2 hours, and all profits were gone 😤

Practical tips:

- Take profit: Sell half when it rises by 20%, set “automatically close position if it falls back by 5%” for the rest

- Stop loss: Must cut losses at 15%! Don’t believe “holding will recover,” you won’t react in time when the market reverses

2. Frequent trades = Working for the exchange ⚠️

Do the math: Opening a position with 10x leverage, fees + slippage directly result in a 2% loss, you need to earn 4% to break even!

Don’t be a “trading addict”: Open at most 2 trades a day, stop if your win rate is below 50%, the more you lose, the deeper you fall

3. Being in cash is more advanced than opening positions! Missing out is 100 times better than losing 💡

Last week ETH was flat for 3 days, I stubbornly tried to catch a breakout and ended up losing 5,000; meanwhile, my cash-holding friends awaited a waterfall buying opportunity

Mnemonic: If you can’t understand the K-line, browse Xiaohongshu; the market won’t run away, but when your capital is gone, it’s truly gone!

4. Small capital trial and error is the way to go! Don’t think you can get rich overnight 🍐

♀️ My turning point: Starting with 1,000 USDT, using only 10% of the principal to open 5x leverage

Earning 10 USDT for a 1% rise, stopping when I make 30 USDT a day, made 2,300 USDT in a month! Much better than slacking at work

5. Heavy betting = Suicide trading ❌

I’ve seen too many: Betting 10,000 USDT with 100x leverage, one spike leads to liquidation, with no chance to cry

Correct approach: Single position ≤ 5% of principal, for example, with 10,000 USDT, at most open 500 USDT, mistakes can be recovered

6. Unity of knowledge and action is more important than technique!

I once devised a perfect strategy: “Short ETH if it breaks 3,000,” but when the time came, I hesitated and missed out on a 1,000-point move

Foolproof method: Write the strategy in a memo, execute it directly when the time comes, don’t give your brain a chance to hesitate

Lastly, I want to say:

Contracts are not a monster, but playing blindly is just giving away money!

I have exchanged 30,000 in capital for these 6 iron rules, now I earn breakfast money steadily every day ~ #币安Alpha上新 #加密市场回调 #以色列伊朗冲突 #剥头皮策略 #MichaelSaylor暗示增持BTC