Many people ask me: If I only have 1000 USDT, can I turn my situation around with contracts?
I’ll give you a straightforward answer: Yes! But 99% of people will get wiped out in the first round.
It's not because the capital is small, but because there's no rhythm, no strategy, and no position control.
So today, I’m writing a special piece of contract advice for beginners.
I know you just joined, and your head is buzzing; after reading this, at least you won’t die too quickly.
First point: Don’t go all-in as soon as you enter; contracts are not a lottery.
Some people start with 20X or 50X leverage, risking their entire savings on one trade, and a slight pullback makes them disappear from the market chart.
You only have 1000 USDT? Then split it into 10 parts; just use 100 USDT each time to practice. You can really grow your profits, and if you lose, you can still survive.
Second point: Mindset comes first; don’t open a position if you’re not stable.
Some people get overly excited when prices rise a little, and panic when they fall; their emotions are on a roller coaster. You’re not here to experience a casino; you’re here to make money.
Calmness, tranquility, and patience—these three words may sound like a cliché, but putting them into practice is truly crucial.
Third point: Don’t predict the direction; only trade structures you’re confident in.
"I think it will go up" is wrong; this is not a feelings game.
What you need to do is: only act when you see clear patterns, volume support, and data backing. Don’t gamble; if you gamble too long, you’ll find that the market never plays fair.
Fourth point: Take profit and stop loss are crucial; being indecisive is equivalent to waiting for death.
Before entering a trade, always think about your take profit and stop loss levels; don’t wait until the market moves to start overthinking.
Personally, my maximum stop loss per trade is 1.5%, and my take profit target is 3%-6%. If the direction is right, I take the profit; if wrong, I take a small loss and exit. Over the long term, this will definitely lead to profits.
Fifth point: If the market isn’t right, stay out and observe.
When there are no opportunities, don’t succumb to the urge to trade. When the market isn’t moving to your rhythm, just watch quietly.
Those who make money often aren’t the ones who place the most trades, but those who are out of the market the most and can endure the longest.
Sixth point: Learn to review your trades; that’s real progress.
For every trade, regardless of winning or losing, look back and see if your initial reasoning was correct. Reviewing trades is not just a formality; it’s the only way to build your trading system.
The more you review, the better you’ll know what types of trades you should make and which ones to avoid.
Follow the right people, and you’ll have direction; join the right group, and hope will come.
I’ll guide you step by step to break out of the situation you can’t escape.