These are the points that Zhou Tong summarized for everyone after the big rhythm. In the contract market, those who have liquidated positions and suffered major losses generally have the following common characteristics. If you do not overcome these problems, you will always lose money.
1. Heavy position trading. (30%~50% position)
2. Carry it to death and never admit your mistakes (always thinking about the callback)
3. Don’t set a stop loss and are always used to closing positions manually. As a result, once encountering extreme market conditions, there is no time to operate.
any investment market. Some people think that operating a 10% position is too small. Earn too little. But I advise you to never expect to get rich overnight, work steadily, and earn more than 5% of your total account every day. It's very impressive after one month.
Heavy position trading is the main reason for liquidation. Using a large proportion of leverage to make heavy trades has very low risk resistance. Always trying to get rich quick and get rich overnight, the results will get worse and worse.
A small amount in a small position, and go with the trend; a long flow of water, a little will make a lot. When the funds in your account more than double, you withdraw the principal. At that time, my mentality suddenly became enlightened, and the speed of profit was very fast#BTC #cpi #etf #ENS #ETH $BTC