Help! What should I do? This is my tuition fee for college this year.
This year, I've seen too many naive and ignorant college students blindly rushing into the market, recklessly betting with leverage of up to 100 times. It's important to understand the liquidity in the market; a 100 times bet can lead to liquidation in no time.
Help! What should I do? I've already lost several hundred U. Should I hold onto my position? I’ve seen this question far too often. Usually, those who reach this point have become overly emotional, attempting to gamble back their losses; human nature is that fragile.
It's not that I don’t want to help you and instead share this to let everyone laugh at you. The dangers of contracts don’t need much explanation; when you stare into the abyss, the abyss stares back at you. If you do not hold a sense of reverence for the market, it will certainly deliver you the most profound lesson in life.
In fact, even if you win this time, it will only lay the groundwork for a bigger bomb next time. When you have more capital to gamble with in the future, you will remember this successful gamble and attempt to replicate it.