Enter this circle
First ☝️ do not be too greedy
Second, do not hold too many fantasies. Their trading methods have completely changed and are totally different from previous waves! The bull market is just a cookie 🍪 bull, everyone remember!
Third, if you want to survive long-term, please remember that the primary task is to protect your principal! Even if you miss a wave of market movement! At least the principal is still intact. There might be dozens of trading opportunities waiting for you throughout the year, averaging several major ups and downs each month!
Fourth, try to choose stable profits; losing less is earning! Aim for a monthly profit of 10-20 points, or even more! Strict stop-loss is 100 times more important than taking profits! The survival rate in the financial circle is extremely low, which is why most people lose money. More than 90% of people in the securities market and cryptocurrency space are at a loss. If you lose 10 points, you need to cut losses and step back to observe! You cannot hold the position!
Fifth 🈴️🈷️ Leverage ETFs are not your main battlefield; spot trading is!
Finally, it is advised not to be emotional; emotions will cause you to lose even more! If you haven't understood spot trading well, playing futures will lead to even greater losses! In the futures market, 99% of people are losing! If you are right 10 times, one liquidation can bring your principal to zero!