$TROY $LUMIA Speaking of contracts, it's actually very difficult because regardless of your trading style, you will ultimately be liquidated due to over-reliance on experience or excessive confidence. #年底牛还熊？ #加密货币市场持续震荡 Perhaps this statement is hard to understand. For example, if you take off during a period of sideways movement, you might become overly confident in a specific range's oscillation. If you take off during a significant uptrend, you might overly rely on the market going up. Of course, if you are a bear, you might also overly rely on the market crashing.
Just like when I played EOS contracts back in the day, it fluctuated between 3U and 6U for a long time. I made a lot of profit through that strategy. At the time, I thought I was not only good at spot trading but also at contracts. If contracts could keep making money like that, I could abandon spot trading. However, unexpectedly, a small bull market blew me out, and the range trading strategy failed miserably. Two liquidation events wiped out all my profits. Since then, I exited contracts and focused solely on spot trading.
When we trade, there are always limitations. For example, seasoned traders overly rely on experience, while new traders overly rely on emotions. The market's fluctuations often outpace human reaction, making it difficult to effectively follow strategies. Additionally, information, charts, and strategies won't always work. So if there exists a completely effective strategy, it is likely the long-term strategy of holding Bitcoin.
