I sincerely want to give some advice to new friends.
When trading contracts, learn to maintain a sense of awe and abandon fantasies.
First, you need to understand the degree of danger in contracts.
With the same leverage and margin, if two people open long and short positions at the same point, theoretically one of them should make a profit, right?
However, the reality is that in the end, there's a high probability that both will lose.
Market makers often use the greed and fear of retail investors to swing between long and short positions.
In the end, retail investors either get forcibly liquidated or cut losses, while the profits always go to a small portion.
So, sometimes accurately judging the general direction of a currency's rise and fall is useless; if the operation is improper, or if the market makers play unfairly, then you will only end up as fertilizer.
From the moment you step into the world of contracts and expect to profit from it daily, it means you have started a life of licking blood on the edge of a knife.
The degree of danger is self-evident.
Therefore, after understanding the dangers of trading contracts, you should learn to abandon fantasies, as contracts are unlikely to make you rich quickly.
Many big shots like a7a8 did not suddenly achieve this with a single currency, but rather accumulated slowly.
Do not fantasize about making tenfold, twentyfold, or even hundreds of times returns on a single trade through contracts.
The more capital you invest, the tighter your operational space for a comeback will be; the longer you hold your position, the greater the chance of liquidation.
To avoid risks, besides learning to allocate capital reasonably, the most important thing is to have a clear concept of yield.
Assuming that achieving 30% is considered Glory Gold, then achieving 50% is considered Noble Platinum, and reaching 100% directly jumps over the watershed stage, promoting to Supreme Star Glory.
In other words, achieving a double return on a single trade is already considered reaching the threshold of top players.
To achieve the above returns, the risks will undoubtedly increase, and the difficulty will also skyrocket.
This requires strong strength, which means sufficient capital, as well as luck, belief, and so on.#BTC再创新高 $BTC