Contracts are a matter of life and death for ordinary people, as well as a breaking point.
Having struggled in the contract market for so long, I've seen too many people rush in with a few thousand dollars, their eyes shining with the light of 'getting rich overnight,' only to be awakened by the pop-up of a liquidation notice days later, even doubting whether they are cut out for trading at all.
I used to be a 'liquidation professional'—starting with 8000 bucks, my account balance several times dwindled to just two digits, hopping back and forth on the edge of zero. Surviving wasn’t due to luck, but to the insights gained from falling and the strategies developed through relentless effort.
Many people don’t understand: liquidation is inevitable, not accidental.
Don't think setting a stop loss guarantees stability; it merely gives the account a reprieve. The higher the leverage, the risk doesn't just multiply several times, it expands exponentially, crushing you like a snowball. And then there are the transaction fees; the seemingly insignificant spreads, combined with dozens of trades a day, gnaw away at your capital like termites in wood, leaving you unaware until it’s all gone.
The most deadly part is that there are always people hoping to double their money on a single trade. But making one wrong trade can lead to irretrievable losses—after losing 90%, you can't just earn back 90% to break even; you need to multiply it by 9, a difficulty comparable to scaling a mountain.
I managed to climb out by thoroughly understanding the BOLL indicator.
By grasping its rules of 'opening' and 'closing,' I could predict trend reversals in advance, entering at points as precise as if I had a GPS, and I could also avoid major drops when exiting. Once, using this method, I multiplied my money by 30 times in a month; it wasn’t bragging, the indicator helped me catch the rhythm of every wave accurately.
The specifics of how to look at patterns and catch signals need to be taught hands-on, but you must understand: this is not mysticism; it’s a tool you can practice and master.
Are you currently trading based on gut feelings, or do you have a fixed logic? If you're still stuck in the 'liquidation—recharge—liquidation' cycle, don’t become cannon fodder for the market. Understand the rules, and you too can make your account grow.
If you find yourself confused by candlestick charts, or if you always make the wrong moves at crucial moments, feel free to reach out to me. The pitfalls I’ve stepped in and the indicator methods I've summarized might save you two years of detours.
