(Basic Trading Mentality Part 1) I firmly reject the strategy of rolling positions. Although it only takes 7 times to double 128w from 1w, this strategy will make you lose all your money in history, because every time you gamble with all your positions, whether your principal is 1w or 100w, you only need one line to blow up your position. Don't believe that you are a genius trader. In the financial world, it's not about who makes more but who lives longer. Since I entered the circle in 2015, almost everyone has bought 10 times the coin, but why didn't most people change their fate?

The answer is surprisingly consistent, which is greed. The sense of expansion brought by the expansion of funds is extremely huge, which will make ordinary people change their correct values ​​​​of money. They will feel that making money is extremely easy, but ignore the risks. The more they play, the bigger the leverage, and the more leverage they have. In the end, it only takes one line to return to zero.

I suggest that if everyone is really optimistic about this industry, they should buy coins in the bear market and sell coins in the bull market. Don't be greedy and don't add positions. Leverage should be added at the beginning of the market rather than in the middle and later stages of the market. Only in this way can you be a victorious general.

Everyone should first learn how to avoid losing money and then learn how to make money. Only by knowing how to place bets can you have a better life.