I saw a lot of posts about people liquidating their positions, some falling on the eve of dawn, and some failing to break through. Why the position was liquidated? It comes from needles.

Anyone who makes contracts has experience and will be stopped by a pin. Or liquidation

What matters when making a contract is direction and planning. When you open this order, you have to think about how the market will change in the future and what you will do.

If you are in the right direction, you can only carry the order for a while, but if you are in the right direction, you won't be able to blow up your position. If you move in the right direction, the needle will become your unprofitable part. On the other hand, if the direction is wrong, you will have to bear this needle when you lose money. Often this pin is your liquidation price. Generally, the needles are at 6-10 points

How to use needles

The needle point depends on the amplitude and the past trading volume. For example, in the past, the daily trading volume was 40 million, and the amplitude was in the 25%-40% range. Then if 20 million had been traded at 12 o'clock today, the amplitude was just 10%, the opening price that day was 1, and the opening price dropped to 0.95. The current price is 1.05. According to the K-line and the market reference, we can figure out the following direction, and then choose that direction to continue to rise by 15-25%.

I don’t seem to be able to explain it clearly because I can’t post transaction pictures. Interested 4⃣️