To survive in contract trading, remember these key survival tips! 🔥
1️⃣ Stop-loss is the seatbelt
Before opening a position, think: How much loss can I tolerate? Set a stop-loss in advance! Don’t wait until you crash to regret not buckling up; a careless mistake can leave you with nothing.
2️⃣ Position management is your life-saving charm
Don’t go all in! Each bet should not exceed 2% of your total funds (for example, with a capital of 100,000, limit a single loss to 2,000). Calculate the stop-loss distance before deciding how much to bet; don’t just act on impulse.
3️⃣ Leverage is a magnifying glass
100x leverage feels great for a second, but liquidation can happen in a blink! Beginners should honestly use 5-10x; it’s slow to earn but lasts longer. Don’t borrow money to go racing; it’s easy to crash and burn.
4️⃣ Diversifying bets is wisdom
If one position blows up, it won’t affect other capital! Don’t put all your eggs in one basket; diversifying bets allows for steady growth.
🌟 Mindset determines success or failure
If you make a profit, don’t get overly excited—don’t rush to increase your bets.
If you incur a loss, don’t panic—don’t frequently change strategies in a rush.
Trade according to plan—don’t let emotions take control.
Review regularly—summarize your experiences of success and failure.
Stop when you should—if you’re on a losing streak, close the software and take a break.
🚫 Avoid these pitfalls:
Don’t chase prices and sell at losses (easy to end up standing on a peak).
Don’t double down after losing money (you might lose everything).
Don’t trade frequently (the fees can eat away your profits).
Pay attention to funding rates (holding a position with a positive rate may cost you money).
💡 Beginner advice:
Start with a demo account to practice ➝ Try small capital in real trading (no pain if you lose it all) ➝ 80% of your effort on risk management ➝ 20% on technical skills ➝ Always respect the market.
Remember: Surviving allows for output; as long as the green mountains remain, there’s no fear of running out of firewood! 🌲 Follow Orange, and let’s get better together on the path of contracts #BIO #亚洲家族办公室加密资产配置 #美国初请失业金人数 #杰克逊霍尔会议 #ETH质押退出动态观察