Contract trading is extremely exciting; it can make one rich overnight or wipe out everything in an instant. I once turned my only 1000 yuan for meals into 10 times that in just 3 months through contract rolling. Today, I won't talk about 'getting rich quickly', but rather how to survive in this high-risk field and take away profits.
1. The core logic of rolling 100 times in 3 months
I initially tested the waters with 300 USDT, opening only 10 USDT 100 times contracts each time. The allure of 100x leverage is that when the direction is right, a 1% gain is equivalent to doubling the principal. I set a strict rule for myself: every time I make a profit, I withdraw half of it and continue rolling the rest.
In theory, if you operate correctly 11 times in a row, 10 USDT can be rolled to 10,000 USDT. However, 90% of people fail for three reasons: wanting to earn more after making a profit and refusing to stop, adding positions after losses out of stubbornness, and frequently switching between long and short positions, which the market punishes. My survival is not based on predicting the market, but on turning 'take profit and stop loss, controlling desires' into a conditioned reflex.
2. Five life-saving iron laws
Before opening a position, I must silently recite, and if I violate it once, I stop trading.
1. Cut losses immediately if wrong, never hold onto a losing position: The biggest taboo in contract trading is 'wishful thinking'. My two early liquidations were due to 'thinking it would bounce back' and stubbornly holding on. I then established a hard rule: once it hits the stop-loss point, no matter how reluctant, I immediately close the position, even if the market reverses afterwards, I don't regret it. Remember, in contracts, surviving is 100 times more important than 'proving yourself right'.
2. Stop trading after 20 consecutive wrong calls, and do not touch contracts that day: The market can be unreasonable at times; consecutive losses can lead to a breakdown in mindset, causing more mistakes. I set up a 'circuit breaker mechanism': if I make 20 consecutive mistakes in one day, I immediately close the software, no matter how tempting the opportunity seems, I will not act. After a calm night, I often avoid greater risks.
3. Withdraw once you earn 5000 USDT, never let greed take over: The greed during profitable times is more lethal than the panic during losses. I stipulated that once the account profits reach 5000 USDT, I must withdraw at least half of the profit. Last year, during Ethereum's one-sided market, I started from 500 USDT and rolled it to 50,000 USDT in 3 days, withdrawing 20,000 USDT along the way, which helped me retain most of my profits during subsequent corrections, unlike others who 'roller coaster' back to the starting point.
4. Only trade in one-sided trends, play dead during consolidation: The core of making money in contracts is to 'borrow momentum'; in a consolidating market, 100x leverage is like a death sentence. I once waited 4 months without opening a single position just to wait for a clear one-sided trend. Don't think about trading every day; focus on the opportunity and act decisively when it arises, while remaining still like a stone in the meantime, which can lead to steadier profits.
5. Never open a position exceeding 10% of the principal in a single trade: Even if the opportunity seems certain, don't go all-in. With a 1000 principal, open a position no larger than 100. A lighter position means that even if there are great fluctuations, you won't lose your mind and can wait for the trend to develop. Going all-in won't help even if you win 9 times; one mistake can wipe you out.
3. Can I trade now? First, ask yourself three questions
People often ask, 'Can I enter the market now?' My answer is: first, ask yourself three questions.
- Has a big volatility market really arrived?
- Is the trend one-sided?
- Can you resist only eating the body of the fish, without being greedy for the tail?
If the answers are all 'yes', you can use small funds to experiment. If you are interested in the cryptocurrency market layout, feel free to communicate at any time.#加密市场回调 #美联储取消创新活动监管计划