Why do some people say that you should not play contracts when speculating on currencies?

Any issue that cuts across the board is just a ruse, and must be viewed dialectically:

1. High-density contracts, no position management, and no profit-loss ratio planning are called gambling.

2. Low multiple contracts, position management, and profit and loss ratio planning are called trading.

Type 1: The probability of winning or losing a contract is 50%, because your transaction fees increase with the increase in leverage, and there is also a funding rate. Once a third-party cost appears in a zero-sum game, it is a game with negative expected value. So the conclusion is: as long as your leverage ratio is higher than 10 times and you play frequently enough, the outcome will definitely be a loss. It is inevitable to be optimistic!

You will say, nonsense! I have been making money these past few months. So let me ask you, will you stop? You won't. What you make now are all floating profits, and they will all be lost when the position is liquidated.

The last word of advice is to stay away from anyone who recommends novices to play contracts (more than 5 times leverage). That is harming people and will not accept any refutation. #WIF #SHIB #sui $BTC $ETH