There are only a few requirements for making money in the cryptocurrency circle, a beginner's guide to contract trading, and how to quickly make the first pot of gold in the contract market.

Learn trading knowledge, implement light positions, and reduce losses.

Most people lose money in trading because they don't understand the market well enough and don't know how to control their positions and manage risks. Therefore, avoid adding positions when you feel bad, but reduce or clear positions. If you lose more than 2% of your total funds in one day, you should be alert. When the loss reaches 6%, clear all losing contracts and set a break-even price stop profit on the profitable contracts, and then rest for at least 2-3 days. Chasing up is dangerous, so don't blindly chase up unless market conditions are clear. Be cautious when adding positions after making a profit, especially after a large profit, new positions often lead to failure. If you want to add positions, either act immediately or wait until a major pullback is over, and follow the pyramid method of adding positions. When the margin profit exceeds 200%, half of it is set to a 40% retracement stop profit, and the other half is set to a break-even price stop profit. This is to protect profits and ensure that large profits will not turn into losses. Never trade when you are in a bad mood, feel depressed, or have troubles in life. Never trade against the trend, reduce the frequency of transactions, and find the right time to enter the market. For the right transactions, try to keep the bottom position as much as possible, because the right decision may continue to bring benefits.

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