In this cruel battlefield of contracts, we are all just small retail investors. But we also have a heart that desires to get rich. The question is, how do we achieve it?
Relying on high leverage for frequent battles doesn't work. Occasionally, one can multiply their investment dozens of times in a day or over a hundred times in a few days. But in the end, it still leads to liquidation and total loss.
We can only rely on time to achieve steady appreciation. We are poor and have nothing but time. If we can play steadily and ensure a high success rate, it is possible to achieve a tenfold increase in a month. Even if we can't reach ten times, doubling or tripling our investment in a month shouldn't be too hard. Tripling every month would result in nearly 178 times in a year! Even if you only invest 10u, by the end of the year, it would be close to 2000u. With 2000u, you would have the capital to turn things around.
Stable appreciation is key. What needs to be avoided is: small capital recharge ---> high leverage battling ---> liquidation and total loss ---> small capital continues to recharge ---> high leverage battling ---> another liquidation and total loss! This cycle is never-ending and leads nowhere! The correct path is: small capital recharge ---> steady and stable appreciation ---> small capital continues to recharge ---> steady and stable appreciation. This way, the principal can grow from little to much. Even if you're left with only 10u, isn't it not too difficult to recharge it to 100u in a few months? Plus, with the appreciation, by this time, you probably would have a few hundred u, and with a few hundred u, turning things around becomes hopeful, doesn't it?
So how do we steadily and steadily appreciate? This relies on trading rules + trading skills, both of which are indispensable. The rules are the most critical. If you violate trading rules, no matter how skilled you are, you will still face liquidation and total loss. A prime example is Binance's top trader 'Tortoise and Hare,' who was once the trader managing the most capital on Binance, reaching a maximum of 1000 followers and managing over 10 million u. But in the end, he faced liquidation and total loss! What are the trading rules? Summarize the mistakes that led to your losses, and make sure not to repeat them; this constitutes your trading rules. Trading skills refer to whether you opened a position correctly or incorrectly; this can only be summarized and improved over time through daily trading.
As retail investors, we should not be anxious; haste makes waste. We cannot expect to get rich overnight. Since all we have is time, we must use it wisely. Even small capital can turn around; we must be steady and stable to appreciate.