If I give you 1 million, which is about 150,000 RMB, how can you quickly lose it? This is similar to making 1 million from 10,000; I think it's the same logic about losing it quickly.
Method 1: Is going all in fast enough? But if you're not lucky, how many times can you multiply it? It's harder to lose everything.
Method 2: If you're slightly at a loss, liquidate half; if you're slightly profitable, stop loss half. This should be the fastest way to lose 1 million.
Alright, the big moment has come. Now we need to think about why many people always lose when starting with 10,000, losing it and then recharging. Why not turn it around and take a small profit and run, ensuring the principal? This is the same method as quickly losing 1 million. Many people lose money because they apply the method of quickly losing money to making money. In this light, many people are actually geniuses at making money since the difficulty of consistently losing money in practical operations is the same as that of consistently making money.
To summarize, many people fail to make money because they are reluctant to stop losses and always want to hit it big in one go. This is like giving you 1 million and if you lose it all in three days, the reward is 10 million; it's just as difficult. I believe that even if many people had the chance to lose 1 million in 3 days, 99% of them would find it very hard, especially if they are only allowed to play with contracts. Don't doubt it; the fact is, losing 1 million down to 10,000 is just as difficult as making 10,000 turn into 1 million.
Reflect on why you can't make money? Alright, I've finished speaking. If you need rebates, contact me; even old users of Binance can apply.
