Play contracts, don't be like a foolish rookie who randomly risks thousands of dollars without any goals. Losing thousands today and making thousands tomorrow, be careful of heart disease.

In the case of 1000u, how many times leverage to go long? You must clearly define your position and goals: do you want to earn 10,000 dollars in a month or do you want to double your capital in a month? These are two different outcomes.

For the first outcome, if you have this idea, then congratulations, you are not far from liquidation.

For the second outcome, it won't be very aggressive, but it is very stable. Doubling 1000 dollars in a month averages about 30 dollars a day.

If you have a 1000 dollar position and think that a 30 dollar profit is too small, then you can stop looking.

Altcoins cannot be treated like major coins. Jumping in with thousands of dollars just because the leverage is low is not something most people can handle.

Now, the key point: how to manage your capital position. There are several questions to consider:

1: How to open a position and how much?

2: What to do if it goes down? Are you brave enough to add to your position? How to break even?

3: If it goes up, will you hesitate to sell?

4: What if you can't control yourself?

5: If the last trade hit a stop loss, how to open the next one?

6: How to deal with rapid market changes?

Actually, contracts are not that difficult. The normal fluctuation of a coin is within a range of two points. As long as you grasp the core of trading, these two points are enough for you to profit. Trading is about taking one step and looking ten steps ahead; a series of actions need to be coordinated properly. All strategies are not fixed.