There are two types of people who open high leverage:

First: They like to risk a lot with a small investment, like to go all-in, and are real gamblers!

Second: There is also a type of novice who does not know how to operate and plan their positions. The contract ends before it even starts!

Position management is very important when playing contracts, so as to maximize the benefits of funds and avoid risks.

How to manage positions scientifically in contracts?

Flexible use of funds: For example, if you want to open a position of 10,000U, you can use 1,000U-10 times or 500U-20 times.

Stop loss 1%-3%,

Use 10% of funds to bet on 100% of the profit, and the loss is also under control.

If you use 10,000-10 times 10,000-20 times. .

A wave of market conditions will take you away. There is no tolerance for error, and there is no trial and error capital. It is easy to lose everything and your mentality is distorted!

Use high leverage to borrow funds that are several times more than your own capital to speculate. It is common to blow up the position, but it is rare to make money. If you want to use contracts, you should first understand the basics, such as leverage ratios and funding rates. If you don’t know anything and your account is blown up, you will have to blame the tool for harming others.

So you must plan your positions reasonably!