Can I use 10u to turn my position into 10000u in the currency circle?
I think the answer to this question is yes, it is definitely possible. How to do it? I think we need an effective trading method, focusing on accumulation in the early stage, seeking stability in the middle stage, and not playing around in the later stage. When I started with 10u, the funds were too little, so I could only eat small losses and slowly save the principal. When I saved up to 50u, I would be a little more relaxed when opening orders for 100u. At the beginning, you can be a little willful and open a larger position, half a position, so that you can also make a profit, and you won't lose too much. Slowly, as the principal increases, you need to control the position and the profit and loss ratio. In short, you should be calm and not be anxious, fantasizing about getting rich overnight and making a lot of profit in one order.
Then it is to open an order. You should pay attention to the entry point, exit point, and stop loss position every time you open an order. You must have enough reasons to open an order again. You may make money by rushing without thinking, but it is definitely impossible to make money by rushing without thinking. Sometimes when I open an order myself, I always enter the market in advance because I am afraid of missing it, but I get trapped eight times out of ten times I enter the market. There is really no shortage of opportunities to make money in the market, and you must be patient and wait (I say this to you, and also to myself, because it is really uncomfortable to lose money when you are trapped). Trading is very difficult to say, and it is also very simple to say, but the premise is that you can control yourself and achieve unity of knowledge and action.
I write about my trading experience every day, not to teach you how to trade, but to sound a warning to myself, hoping that I can do what I say. Because although I can write these, I have never done what I said, so I have been losing money. I hope I can change myself and enjoy the fun of trading one day.