In each round of bull market,

more than 50% callbacks occur at least twice;

20%-30% callbacks occur at least 10 times;

10% callbacks occur dozens of times.

Among them, callbacks of more than 20% are called risks, because they will liquidate leverages of more than 4 times.

Therefore, players with leverages of more than 5 times who want to roll positions are basically out of the bull market; if they want to eat both long and short in the trend, the risk will double. For short-term players with leverages of more than 10 times, it is no different from going to Macau.

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