The lower the price, the more ruthless the position is?
Buy 10,000 U when the price is 10U, and then add 10,000 U when it drops to 5U. The cost will magically drop to 6.67U. It seems to be a good way to save money. But in actual operation, you have to have enough bullets, otherwise once the market continues to decline, you may run out of ammunition.
Some people say that you can easily become a millionaire by earning 1% every day. Doesn’t it sound tempting?
But the reality is cruel. Market fluctuations and human errors may make you lose all your money. Investment is not a simple probability game. Even if you have a 60% success rate every time you invest, after investing 100 times in a row, can you guarantee that you will not be defeated by the 40% failure rate?
Let’s talk about the compound interest effect. It sounds like a shortcut to get rich quickly. But don’t forget that it is more difficult than you can imagine to make continuous profits, not to mention achieving amazing compound interest growth in a short period of time. Don’t be fooled by those myths of getting rich overnight. Investment requires patience and strategy.
In the contract, position management and fund management are the top priorities. Don't be like a novice or an old investor who takes risks with 20%-30% of the principal right from the start. I'm not like that. I'll use 2%-5% of the principal as the basic position, and then add 20 times leverage. This will not only ensure the safety of funds, but also allow me to respond flexibly in the market.
Those who dare to use 100x or even 125x leverage, I really think they are playing with fire and burning themselves. Investment is not gambling, don't be blinded by greed. Remember, a sound investment strategy is the long-term solution.
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