Why do so many people lose in contracts?
Why is it that after 10 profitable trades, one mistake can wipe out all gains?
Why? Because we are fundamentally wrong in our reasoning.
First, we open positions at random. We take a little profit and run.
Contracts can only be opened in extremes.
Once you open an extreme position, you must hold on. Don't try to top it every day.
Buy at the bottom, no matter how much it gets washed, hold steady.
Sell at the top. No matter how much it fluctuates, hold on.
You must eat your fill before leaving.
Otherwise, if you open positions randomly, out of 10 trades, if you make one mistake, it's all gone.
$BTC Other times, it's best to trade spot. The crypto market is not a place to make profits every day, but a place for cyclical strategies.
We should operate on a cycle of one month or half a month.
It shouldn't be about catching a few good trades every day and running. Those who can do what I said will definitely make money in this market.
$ETH Randomly opening positions with small profitable points will ultimately lead to losses.
If you need assistance, see my name.
Ohey, I'll give you assistance.