Do you think trading is gambling?

Many friends often use 50x, 100x,

even 125x leverage. As soon as the money is in, it can be wiped out in one night!

There are two types of people who use high leverage:

First: those who enjoy taking big risks with small amounts, who like to go all in, truly gambling!

Second: there are beginners who don't know how to operate, plan their positions, and end up finishing before they even start trading!

Managing positions in trading is very important to maximize fund efficiency

and to avoid risks.

How to manage positions scientifically in trading?

Flexible use of funds: for example, if you want to open a position of 10,000U, you can use 1,000U at 10x leverage, or 500U at 20x leverage.

Set a stop-loss of 1%-3%,

use 10% of funds to gamble for a 100% return, while keeping losses under control.

If you use 10,000 at 10x or 10,000 at 20x...

a single market wave could wipe you out, with no margin for error, no principal for trial and error, making it very easy to lose everything and distort your mindset!

Using high leverage to borrow funds multiple times your own capital for speculative activities can often lead to liquidation, making profits rare. If you want to trade, first understand the basics, such as leverage multiples and funding rates. If you know nothing and get liquidated, you will blame the tool for harming you.

So it is essential to plan your positions reasonably!

Recently, XRP has been very popular. I wonder if everyone has benefited from this wave.

I had my fans set up long positions on XRP in mid-November, entering around 0.8. The current highest price is 2.87, achieving a 253% increase. This has also directly turned the position into 8-9 times.

For friends who are confused about trading right now, comment 111 to help you get rich!

#Layer1公链普涨 #RWA板块普涨 #下一个换谁涨？ #XRP市值重回第三 $XRP $IOTA $BTC