I have talked about rolling positions before. Today I will briefly talk about it. If you are interested, you can take a look. I hope it will be helpful to you:
To put it simply, rolling positions means that the more you try, the more you will gain, and you will earn enough in one go. For example, you earn 5,000 yuan by delivering food in half a year. Then you start with three hundred dollars or about two thousand dollars.
Each time the price is ten dollars, it will be opened a hundred times. You read that right, it is ten dollars. Before opening, you should judge whether it is going up or down. Don't switch back and forth. Just identify one based on your own judgment. If you lose fifty times, it means your judgment is wrong. Then go back and continue delivering food until the up and down trend reverses.
If you lose 20 times and the trend is right, congratulations, as long as it rises or falls by more than 1%, it will become 20, take the profit of 10 yuan and continue to expand 100 times, this is called rolling position, and another 1% will become 40. If it rises or falls by about 11%, it will be nearly 10,000 US dollars. Don't invest any extra money, just roll the position. Bitcoin can rise or fall by 10% three or four times a month.
Set a goal for yourself. When the amount reaches 5,000 or 10,000, stop rolling the position and simply take the profit. If you cannot control your greed, you will definitely get liquidated in the end.
After this wave is over, you may have tens of thousands of dollars, and then wait until you see a rising or falling trend that you think you are sure of (maybe it will take several months), and then take 500 dollars to start trading. You read that right, it is still 500 dollars, and you still start trading 10 dollars each time. If you are lucky enough to encounter a one-sided market, it is very likely that you can make millions of dollars in a few days, but you may not be able to wait for one or two years until you can make a completely accurate judgment and avoid the ups and downs.
If you can't control yourself, you don't have patience, and you don't have a strict execution plan, you will end up blowing up your positions 100% and losing everything.