A long article reviewing the past half month
The contract event account starts with 500u, 700u, and then 1000.
During this period, I withdrew profits steadily every day until the violent rise of 1w points on March 2. I kept looking for resistance to short and lost 1000u to only 90u.
After learning from the painful experience, I decided to just follow the trend and used the last 90u bullets to reach 820u in one day and 1153 the next day.
The "gorgeous performance" of 13 times in two days made me start to swell, and my position also began to expand slowly. However, the contract event is not like a contract. As long as the direction is correct at the beginning, you can set a breakeven or even a stop loss. Even if it drops 5% by 20 times, you will only lose the margin for this order. But in the event, even if the 100,000 yuan pie is only one point different, you will lose all the principal for this order.
Every day you see a lot of people cursing in the square, whether it’s market manipulation or fraud, most of them have suffered a lot here.
Is it worthwhile to play the contract event? It is not worthwhile, and the profit and loss ratio is always less than 1. But why does such a big and obvious disadvantage not prevent so many people from controlling their hands?
Because it is simple, it can be understood as a simple comparison of size, and it also magnifies people's gambling nature.
People always hate losses. Why do people who are panicked when losing 10% of the margin of a normal contract of 50u dare to place an order of 250 in the event? And it takes at least 10 minutes to know whether it will become 450 or -250. When it is -250, they start to be eager to recover their capital, so they place two orders with a total amount of 312.5, or even two orders of 500. The mentality of recovering capital has made them forget that this order may be -500. Forget the risk, forget that it is also more than 3,600 yuan when converted into ¥.
I was the same as yesterday. I didn’t plan to open any orders on the weekend. I made 158u profit from a few orders, which was already good and I should stop.
I couldn't resist the urge to make up the difference while eating. I opened a small order in the first place and lost. In order to make back the money that "should not have been lost", I increased my position and opened a second order. I lost again.
In just one meal, I lost 600u. Then I got completely addicted and went back to zero…
Afterwards, I used the previous profits to buy 530u.
After calming down, I won 1980u last night and this afternoon (withdrawn 570u during this period)
I'm not proud, nor do I want to show off, I just feel scared.
Why would someone who is usually so calm take such a big risk just because of losing dozens of dollars?
Many people say that they lose because of the dealer’s control, or because they are being monitored or something else.
I want to know, is there no dealer in spot trading? Is there no dealer in contracts? Is there no dealer in the stock market? Do the whales in spot trading absorb funds without dumping or pulling the market? Or, if there are no dealers, everyone can perfectly predict the market. Will it fall because it has risen too much, or will it rise because it has fallen too much? Will it hold up because it is support, or will it pull back because it is resistance?
What is the logic behind placing an order? Do you feel nervous after placing an order? Do you feel scared? How do you feel if the trend does not go in the direction you expected?
Are you praying to God and asking for help from everyone in your heart, or are you greeting the dealer with veins bulging after losing the order?
Can you keep calm when opening every position?
Can you accept every loss calmly? If you don't dare to lose 250, why dare to open 3 250s at the same time? Is it because you want to make 600 in 10 minutes or because you think "it's impossible", "I won't lose", or even "the worst that can happen is I'll just lose 4", or "the worst that can happen is I'll borrow money after losing"?
I don't have any idea of whitewashing any function or educating others with the mentality of "everyone is drunk but I am sober".
Most of what I said was to myself. Any investment is a gamble. Isn't it a gamble to spend hundreds of thousands to open a store? Isn't it a gamble to spend millions to buy a house that is not in urgent need or may even be unfinished? Why do you think that you can get your money back in three months after opening a store, and that your house will be worth 3 to 5 times more in 20 years? Where is the logic? Is it enough to just say "I feel"?
So the only thing I can do is to keep learning and increase the probability of winning. When the probability is low, I should not gamble or test the waters with money that I am prepared to not have.
As for the rest, I can neither predict the market nor manipulate it. I can only change myself and improve myself. Allow myself to make mistakes and accept losses. If I lose, I will admit my mistakes, review the market, and summarize my experience. If I make money, I will not be impetuous and proud, but continue to settle down.
How to make 10 million? Just repeat the method of making 1 million 10 times
How to make 1 million? Just repeat the method of making 100,000 10 times.
Never dream of getting rich overnight or becoming successful overnight. Just walk well on the path you are on now and things will naturally get better in the future.
To Myself
