1 Profit Dichotomy
For every contract with a profit exceeding 100U, divide half of it and transfer it to your spot account.
For example, in one order, 2500U-3700U. If you make a profit of 1200U, you can directly transfer 600U to your spot account, and use the remaining 3100U to continue the next order. This is the most important point. The principle is very simple, but it is very difficult to execute because it is against human nature. Human nature is greedy. The advantage of doing this is
1. It will greatly help you get rid of the frustration caused by a margin call due to various reasons. If you have ever had a margin call, you will probably understand what I mean. Mentality is particularly important in the cryptocurrency world.
2. You will never lose all your chips. If you get liquidated, have a hot pot meal, transfer back to start-up capital, and start over.
3. Continuously accumulate original wealth. Every time you start over is not starting from scratch. The PhD turned $100 into $1 million three years ago, failing about 12 times along the way. However, in fact, after failing around 10 times, there was already $120,000 in spot, which is the benefit of the profit division method.
2 Never open contracts more than 5 times.
Playing contracts, some say it's gambling, purely relying on luck.
Actually, I admire the courage of such people. Indeed, some succeed, and the young models in the clubs are quite alluring. However, you must remember one thing: no matter how much money you win, as long as you don't withdraw it, it's just numbers given to you by the exchange. 99% of people will eventually lose it back.
So if you also think you are not the chosen one, then you should obediently learn how to control leverage multiples.
Regarding contract multiples, I have always followed one principle.
Below $10,000, a maximum of 5 times.
Below $50,000, a maximum of 4 times. #合约交易风险 $