Some thoughts on the cruel battlefield of contracts

Every time a contract is opened, it is a battle. The timing of opening a position determines the success or failure of the battlefield. There must be a basis for opening a position, and you cannot open a position randomly or against the trend. The choice of opening a position reflects the trading level.

Since it is a battlefield, defensive measures must be taken. Controlling the leverage multiple and withdrawing from the battle after loss (no more positions on the same day) is the most important defensive measure. If the leverage is too high, a slight adverse fluctuation will force you to stop loss. In my experience, there are countless times of opening positions, and only a few times of winning on the battlefield with 50 times leverage, and high leverage is almost always to give away heads. After the battlefield fails (stop loss), you must withdraw from the battle, and you can no longer open a position on the same day and launch a new battle. Otherwise, you may repeatedly launch a charge on the wrong battlefield, and finally be wiped out!

You must control the number of times you launch a battle. Most of the time is not suitable for fighting. Control the opening of positions to less than three times a week. This is both a defensive measure and the key to increasing the success rate of the battle.

This is a cruel battlefield. Only a few people can survive. Only by taking the most conservative defensive measures and fighting at the right time can you survive on this battlefield.