How to get out of the retail trader zone when trading contracts?
Actually, I also had a long period of losing money until I awakened.
The key is to have your own trading system!
With 50-100x leverage, it ultimately calculates to about 40x full position. At that time, making money really feels good, but as soon as there is one liquidation, everything goes to zero.
Any contract that is ten times higher than the full position is retail trading. If the market maker wants you to get liquidated, you will get liquidated. The liquidation map is clearly written; where is the room for operation?
My win rate is actually very low, but I am still making money.
Just focus on three points for trading contracts: what does a low win rate matter? Build your own trading system.
Position management, risk-reward ratio, find key positions.
Taking shorting Ethereum as an example, after finding the key position, look up 20-50 points as the stop-loss point and down 200-300 points as the take-profit point.
Alright, you don't need to watch the market anymore. Staring at the market is a retail trader's behavior. Once it hits the stop-loss point, just exit; no need to look again.
You really don't need to keep staring at the market. Trade less, only at key positions. Don't mainly focus on the win rate; focus primarily on the risk-reward ratio, and you will be fine.
I am Tang Spoon, continuing to update everything about the trading system.
I am not as noble as other bloggers, nor am I as hypocritical as them. I just want to simply be a KOL and gain some followers.
Because being a KOL in the crypto space can also be quite profitable. Follow me closely, and I will continue to accompany everyone.
