Why do you always lose money when trading contracts? Have you ever thought about the reasons?
In life, friends ask me to take trades, acquaintances on my phone ask me to take trades, colleagues and bosses at work want me to take trades, and on media platforms like Zhihu, Hupu, and Binance Square, there are also people asking me to take trades.
They only see me making money, but they don't see me getting hit in the novice village.
The risk warnings you mention, no one listens to them. You teach them position management, margin calls, how to take profits and cut losses, but they don't take it in. Most of the time, you only tell me which position to enter and at what price, and it would be best if it were in a profit state as soon as it opens. If there is a 10% loss, they send you ten messages in a minute. What does that mean? Are we playing against each other?
If people with this mindset can make money, then how can we veterans lose?
So now when someone asks me about contracts, unless they can really follow my strategy to trade, I just reply: buy spot.
Just like this fan
In mid-November, I told him to set a long position for XRP, which was around 0.8 at the entry point, and the highest price currently is 2.49, achieving a 207% increase. He executed it very well and didn't exit midway. The result is that his position has multiplied by 7-8 times.
Friends who are confused about trading right now, leave a comment with 111, wishing you wealth.
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