Newbies blowing up their accounts is not about bad luck; it's because they don't understand how to trade contracts at all.
Many people can't even figure out how to calculate leverage. They listen to a few so-called 'big shots' calling trades and dare to go all in with 50x leverage. When the market moves against them, they get wiped out!
A few days ago, a recently graduated guy shorted BTC with $10,000.
The 'teacher' tricked him into believing it would drop to $90,000. He believed it, and when the market turned against him, he thought it was just a fake move and held on without a stop-loss, eventually losing everything!
Later, he said something particularly heart-wrenching:
'I didn't even figure out where my stop-loss was before I lost it all.'
You think trading contracts is difficult, but it's not; you're just too eager! Wanting to turn things around makes you more vulnerable to being harvested by the market. Trading contracts isn't about guessing or relying on luck; it's about rhythm and rules.
The group I'm currently in used to blow up their accounts daily and were so anxious they couldn't sleep. Now, they consistently profit every day, and even if the market doesn't cooperate, they can still protect their capital! It's not that they're smarter; it's that they've started to follow a method.
The contract market has never lacked opportunities; it lacks people who can survive!
If you want to turn things around, first survive! Those willing to learn the method
Like and follow Buddha! I'll help you walk out of the hell of blown accounts!
