How to get rid of the addiction to cryptocurrency contracts? #合约亏光了大学生的几乎所有生活费，我该怎么办？
In fact, what you may need to get rid of is not the contract, but the gambler's mentality.
The contract is just a tool. You can use it to gamble, and you can bet on your good luck every time, but sooner or later, something will go wrong. You can also choose to learn how to trade and how to manage risks. For example, only use 5% or 2% of your account to trade each time, and do a backtesting on TradingView for at least half a year to see if your strategy can make money.
I have done cross-border e-commerce, Facebook advertising, Google advertising, etc. before, but it was not until I encountered trading that I realized what a good skill it is, a business model that can make money alone. To learn trading, you can start with backtesting, then transition to forward testing, then use a small account to do real-time trading, and finally operate a large account.
If you learn trading as a skill, you may discover a new world. Whether you are trading cryptocurrency contracts, foreign exchange, or futures, to become a stable and profitable trader, you need to do three things:
Master a strategy. Choose a field, such as only doing contract trading in cryptocurrencies. Then try different strategies and find the one that suits you. Remember, not everyone's strategy is the same, and some people may only be suitable for Swing Trade, not Day Trade.
Do a good job of risk management. This is essential. Don't go all-in, don't use high leverage, and set a stop loss. No trader can achieve a 100% win rate, we just need to make sure that we make more than we lose. At the same time, you need to know your win rate, average RR, and weekly or monthly trading opportunities, and then set the percentage of risk per order to the total account.
Adjust your mentality. Only when the first two points are done well can you talk about mentality. If your strategy and risk management are in place, but your mentality is not good, it will also affect your trading results. So, be patient, stick to the rules, and don't be greedy.
