Nico is

After a week of contract trading experience, I would like to share my experiences and insights. Initially, I set a principal of 55.5U and traded in units of 5U. In just a few days, my funds grew to 650U. Then, with ambition, I devised a plan to multiply my funds tenfold by increasing the unit for each trade to 50U. However, this aggressive strategy nearly caused me to lose everything. After a day and night of hard work, enduring psychological torment and perseverance, I finally managed to bring my funds back to about 600U and decisively abandoned the previous plan for tenfold growth.
I realized that the scale of funds is limited. When the principal is within 250U, trading in units of 5U allows for flexible operations to capture doubling opportunities. However, once the trading unit is raised to 50U, although theoretically the returns accelerate, the win rate does not change. In such cases, the psychological fluctuations are enormous, and the gap between winning and losing seems to exist in an instant, leading to decision-making errors.
As ordinary participants in the market, we should be clear about our position, engage in trading with a mindset of entertainment and learning, act within our means, and not fantasize about becoming rich overnight. Those who can achieve great success in the market are often seasoned players with substantial capital and rich experience. The leap from hundreds of U to tens of thousands of U is not impossible, but such miracles mostly do not belong to the majority. Therefore, maintaining a calm mindset is crucial when dealing with 5U unit trades. If the win rate is difficult to exceed 60% in ten trades, then one should stop in time and reassess their strategy.
In addition, trading is not a simple guessing game. In-depth study of candlestick charts and real-time monitoring are key to success. Rational use of three-position management strategies to quickly add positions when judging rise and fall incorrectly can mitigate losses. Each trade should be approached cautiously, with careful consideration before operations, and timely summarization of experiences after failures to avoid blindly following trends and causing losses to escalate to irreparable levels. When in good condition and the account has a surplus, trading scale can be appropriately increased, but once faced with setbacks, one should immediately stop loss and avoid lingering in battle, attempting to recover losses.
These are my trading insights, and I hope to encourage everyone together. #你看好哪一个山寨币ETF将通过？

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