Teacher, I have 100,000 to trade contracts, how can I turn my situation around?
If you only have 100,000 and want to rely on trading contracts to "turn your situation around," I would advise you not to rush into it. First, think about how to stay afloat.
100,000 is considered a small amount in the cryptocurrency world, and contracts are a high-leverage, high-volatility market with a very low tolerance for error. Turning your situation around sounds like a goal, but before you have stable profitability, it's more like a trap that tempts you into impulsive decisions. The more you want to turn your situation around quickly, the more likely you are to over-invest, take large positions, and gamble on the market, which can lead to liquidation in no time.
So what should you do?
Step 1: Stay alive. You need to learn how to control your position, learn to set stop losses, and learn to accept the daily occurrence of "small gains," "small losses," and "holding no positions." If you can manage to keep your 100,000 in the market for a year without losing it, that is something most beginners cannot achieve.
Step 2: Establish your stable trading system. It's not based on feelings or luck; it's based on a set of rules that you have validated and can execute. Even if you only make 20,000 in a year, if the logic is sound and your mindset is stable, that is the starting point for "turning your situation around."
Step 3: Compounding is the right way to turn your situation around. The ones who can truly grow their 100,000 to 1,000,000 are not relying on a single gamble; they are managing drawdowns, providing stable returns, gradually increasing their positions, and slowly pushing their way up. You have to allow yourself to "stabilize before expanding," instead of trying to achieve "instant fame."
Ultimately, trading contracts with 100,000 is not an "opportunity to turn your situation around" but a "ticket to enter the market" that the market gives you. Whether you use it to gamble with your life or to practice your skills will determine whether you can truly turn your situation around in the future.