In the previous sharp decline, Liangxi used 10,000 yuan to short and made 10 million.
Everyone is shorting, so why is only Liangxi making so much money? The answer is rolling positions.
When it comes to rolling positions, one person must be mentioned: Tony. Many people may not know him, but he earned 20 million with a 50,000 principal in a year five years ago.
Tony's rolling position manual is regarded as the trading bible by many people.
Who is Tony?
Early influencers in the cryptocurrency circle, perhaps you have heard of Liangxi and Hanbalong Wang. But in fact, they belong to the same period of super influencers as Tony.
In 2021, Wizard Tony achieved a profit of 20 million within a year using a principal of 50,000 through high-leverage trading and rolling position strategies.
On the internet, there are countless influencers who have made millions, but Tony is fundamentally different from these people. If I were to compare, I feel that the wizard is very similar to Tony.
What is rolling positions?
Rolling positions, simply put, is using small funds for multiple attempts to achieve doubling returns through high leverage in a successful market trend. Although the process sounds exciting, the core is actually risk control, precise judgment, and strict execution.
Case sharing: Rolling from 300 dollars to tens of thousands of dollars.
Suppose you have 300 dollars (about 2,000 yuan) to use for rolling positions. You only take out 10 dollars each time to place an order, choosing 100 times leverage. That's right, 100 times leverage! This means that any 1% rise or fall will be amplified into 100 times the profit or loss.
First of all, the key is to be firm in your direction—whether it is bullish or bearish. Before placing an order, you must make a judgment and have the execution power, not to change direction arbitrarily. If you lose dozens of times in a row, it means you may have judged the direction wrong, and it is best to stop and reflect, or even temporarily exit the market and wait for the market to reverse.
But suppose you reach the 20th operation, and the market finally moves in the direction you expected. As long as the price rises or falls by 1%, you can earn 20 dollars from 10 dollars. Next, you take out 10 dollars as profit and continue to invest the remaining 20 dollars. This process is called 'rolling positions'.
If there is another 1% rise or fall, 20 dollars will become 40 dollars. At this stage, the rise and fall have accumulated to about 2%, and your funds have quadrupled. Continuing this strategy, during a typical 10% rise and fall fluctuation of Bitcoin in a month, you may quickly roll your principal to several thousand or even tens of thousands of dollars.
Set clear goals
An important principle of rolling position operations is to set clear goals. For example, when you earn 5,000 dollars or 10,000 dollars, stop rolling positions, take out profits, and reduce risks. This strategy helps you lock in profits and avoid being overly greedy in pursuit of larger goals, leading to liquidation.
The consequence of greed: If you do not take profits in time and continue rolling positions, you are likely to face liquidation due to a wrong judgment, causing all your previous efforts to go to waste. Therefore, controlling your desires and setting profit-taking points is always the key to safe trading.
When should you restart rolling positions?
When you have already earned tens of thousands of dollars through rolling positions, you can choose to stop and wait. Wait for a clearer market trend, such as a large-scale rise or fall cycle of a certain cryptocurrency. At this point, you can continue to use 500 dollars as the principal, taking 10 dollars each time to operate with 100 times leverage. By patiently waiting, once the market shows a one-sided trend, it may give you the opportunity to achieve several times or even dozens of times returns within a few days.
However, it should be noted that such opportunities are not common, and you may need several months or even a year or two to encounter a real big market. Moreover, the ups and downs in the market and false breakouts may expose you to many unpredictable risks. Therefore, the success of rolling positions relies not only on precise judgment but also on a lot of patience and self-discipline.
Many people playing contracts always face liquidation.
In summary, the reasons boil down to the following points:
Can't control your hands: always wanting to open positions, frequently operating, ignoring the overall market trend.
No patience: always thinking about making a lot of money in a short time but unwilling to wait for a suitable opportunity.
Not executing the plan: Although there is a trading plan, the actual operation did not strictly follow it, leading to emotional trading and ultimately liquidation.
Playing contracts, the most taboo thing is greed and impulsiveness. You need to strictly adhere to your trading plan. Even if market fluctuations make you anxious, you must resolutely control yourself. Otherwise, the final result will definitely be liquidation, or even losing everything.
Rolling positions, as a high-risk, high-return strategy, is suitable for investors with strong self-discipline and patience. Through rolling positions, you can leverage small funds for larger returns, but the premise is that you must accurately judge the market and strictly execute the plan without being greedy. If you can manage these principles well, rolling positions can indeed be a good way to quickly accumulate funds.
Strong recovery, asset doubling! Follow the rain, layout in advance, and easily capture huge profits.
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