Contract market: the cruel truth you don't know
Chatting with a friend who is a senior exchange trader, he revealed an astonishing fact verified by long-term data: in the contract market, more than 95% of people actually lost all their principal in just 10 months!
This contract market is essentially like a gamble, and those cunning market makers can always make you lose with conviction.
I have observed people who do contract trading, and they can be roughly divided into several categories:
The first category is purely a gambler mentality, full warehouse all-in, looking for opportunities to lead orders everywhere, and want to turn the tables by luck;
The second category is a little bit of pursuit, learned some trading skills, looking for trading opportunities by themselves, and knowing how to control stop loss and take profit;
The third category is professional trading masters, who have strict position management.
We won't talk much about the first and third categories, and focus on the second category. There is a cruel fact to tell you that the asset trend of this type of people is often like this: they make a small profit at the beginning, then their self-confidence explodes, they start to increase their positions and leverage, and finally fail to carry orders and lose all their money.
In fact, it's not their fault, the market is played like this. Market makers will let you taste the sweetness first, just like gambling, and slowly lure you to become greedy. If you don't have a complete trading system and a strict position management plan, it's only a matter of time before you lose everything.
There is another situation that is also quite sad. Some people seem to study very hard and self-disciplined, but after being in the market for so long, their assets still fluctuate up and down, and they don't make much money overall. At this time, you have to think carefully: Is your trading system right?
Now we are in the bull market stage. I think there is a good way to do contracts: that is, full warehouse 10 times but no leverage, use spot thinking to do contracts. This can not only improve the utilization rate of funds, but also avoid frequent stop losses caused by market fluctuations, which is conducive to the stable growth of assets.
Although it is in a bull market, you will find that you lose more money than you make, because most people rely on feelings to make orders without basis. You ask him why you buy this coin or why you open more for this coin, but he can't tell you.
Deeply cultivate the currency circle, any problem can be discussed.
Come on, people in the cryptocurrency circle! Always remember that to make big money in the cryptocurrency circle, you must ambush 100x coins in advance!
If you don’t have a direction now, you might as well take a look at my homepage pinned to the top.