The cryptocurrency market and futures contracts are a perfect match. This year’s bull market has brought a lot of unilateral opportunities to futures contracts.

By making a small investment to win a big investment and controlling the profit and loss ratio, you can quickly accumulate your capital. This is why you often see stories of the cryptocurrency world where your capital has increased by thousands of times.

Trading as a novice must go through several major stages:

The first level is when you are completely confused and don’t understand anything about the market. This stage is like “seeing mountains as mountains and water as water”. If you see a positive line, it means it is rising, so you should go long. If you see a negative line, it means it is falling, so you should go short. It is normal to lose money, and it is also normal to make money. This is the stage of gambling on luck. The key word at this stage is “excitement”.

At this level, some traders who are determined to engage in speculative trading begin to understand that trading without knowing what is going on will always lead to failure. The low threshold for speculative trading is only reflected in the amount of money, but there is a threshold for trading technology, and it is impossible without learning.

Yes, they started reading and studying, in short, they started to systematically learn the trading techniques, which is called "building a trading system". In this process, they can occasionally get in touch with some of the essence of trading, and can also sporadically perceive the fragmented knowledge of some experts on the Internet, and perhaps also pay for some high-quality training courses.

They have entered the second level of trading: "seeing mountains as not mountains, seeing water as not water". They have understood that the market is not as simple as it seems on the surface. They understand more and more things and begin to learn to make rules for their own trading. However, there are too few books written by real trading masters on the Internet, including paper books. Most of them remain at the theoretical level, and many theories are wrong and not practical at all. Even if some masters occasionally write some core things, many people can't understand them at all, or they seem to understand them but can't apply them to their own operations.

Most people have to go through this stage for a long, long time. They are wandering between heaven and hell. They seem to know everything, but they still lose money in operation. In fact, traders at this level have two obvious problems: First, most people have never seen how truly successful traders do transactions, and everything depends on imagination. For example, in the last round, everyone such as Fei Zhai, Tony, and Bit King only saw the transactions they made successfully, but the specific orders? What specific method was used? You don't know...how did they do transactions in other years? Everyone doesn't know... This makes many people imitate the methods of masters, but in fact it is just a scratch of their skills, which will cause imitators to be repeatedly frustrated.

Second, they know too much, but too little that is really useful, and even much of the knowledge is wrong. So, they wander, struggle, and hesitate in various constructions and then various overthrows... This stage is actually the most painful. It seems that everything is executed according to "doing the right thing", but the results are always wrong. After studying and studying, they can't figure out what is right and what is wrong. The keyword of this stage is "despair"

Therefore, some people began to do subtraction, discarding those seemingly false knowledge and principles, constantly slimming down their systems, summarizing some particularly useful formulas through profitable transactions, building a simple and effective trading system, training their control ability, and strictly executing according to the system signals. Finally, they mastered the "one trick"

At this point, the transaction enters the third level: "The mountain is still the mountain, the water is still the water", but this mountain is no longer that mountain, and this water is no longer that water.

They can generally understand the market. At this stage, self-control is important. Technology is no longer the most important thing. They are very clear about the importance of the system. They practice their "one trick" to the extreme. They repeat the familiar patterns and scenes, and the opportunities to make money many times. They can control their own hands and have enough respect for the trading market. They are willing to give up all transactions except those within the system. The key word at this stage is "walking on thin ice."

At this level, the transaction is considered successful. All signals other than the "one trick" system are abandoned, and great patience is trained to wait for the best trading opportunities to appear. This is considered a success, because making money is no longer difficult, and the market has become their ATM.

Finally, some top experts have entered the fourth level, which is even higher - "no mountains, no water, no tricks, no styles". Traders at this level are well versed in the core logic of market operation. They have broken away from the constraints of technology in operation, achieved transcendence of thinking patterns, and established a philosophical system of "Tao". All behaviors in the market can be explained by "Tao". They began to make money with logic, and technology became a dispensable tool. These people are real "leek harvesters". The key word at this stage is "clouds and breezes".

The advancement of traders needs to be achieved step by step. There are no genius players in this market. Every successful trader has experienced the pain of hard work and unforgettable pain on his trading journey. All the mistakes that should be made will be made, and all the pits that should be fallen will be fallen. Therefore, it is normal for novices to keep losing money and veterans to make no money for years. This is the case for most people. There are very few traders who can enter the third level, and the fourth level is even rarer.