Opportunity of contract #VANA

VANA opened high and continued to rise, then started to drop around 8:30 this morning, triggering panic selling and accelerating the decline, exhausting the bullish momentum.

I didn't catch the initial drop; I opened a short position midway and then looked for opportunities to short again.

When trading spot, I can hold positions for several days or even ten days, but with contracts, I can't hold a position and usually close out after three 15-minute candlesticks. 😇

The leverage I used wasn't high, just double leverage. Perhaps contracts unconsciously put pressure on people, and another reason is that I don't want to incur those funding costs. Helpless 😇