In fact, there are many people in the crypto space who are not suitable for trading contracts. To put it bluntly, they are just giving away money.

First, the understanding is not sufficient. Many people just think about getting rich quickly, going all-in right away, or just wanting to make a little money by entering and exiting quickly every day. Those with this mindset will definitely end up losing everything.

Second, the skills are inadequate. Some people think technical indicators are useless, but the difference between knowing how to use them and not knowing is huge. Those who don't understand technology come to trade contracts, and that is pure gambling; going long or short, the probability of winning or losing is about fifty-fifty.

Third, the mindset is poor. After opening a position, they stare at the market obsessively, wishing there were 30 hours in a day. If the price drops a little, they want to stop loss; they think about it but dare not act, so they can only hold on, ultimately leading to liquidation. If the price rises a little, they can't hold on, always worrying about what to do if there’s a reversal or if they incur losses—there's just no patience.

Fourth, the execution ability is lacking. They open positions randomly without meeting the conditions of technical indicators, and they close positions without reaching the take profit or stop loss levels. Doing this will definitely result in more losses than gains.

Fifth, the strategy is incorrect. When trading contracts, one should not always think about getting rich overnight, nor should they engage in a quick in-and-out strategy. It is necessary to do trend trading, watch the big trend, divide the funds into 2-3 parts, and place orders with large positions. Set the take profit and stop loss levels, then uninstall the software; don’t keep staring at it.

#现货与合约策略 #大而美法案 #比特币巨鲸动向 #BTC #ETH

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