A friend came to complain to me because his contract was liquidated again. Wow, I found out about his tricks when we talked. If he didn't lose all, who would? Dog dealers like this kind of big leeks the most
Everyone knows that Liang Xi won with high leverage and high frequency, and my friend also plays this way. He also told me proudly that sometimes he opened 20 orders a day and could make hundreds of U for each order
His original words: "According to the winning rate,#BTCand ETH are nothing. I have a firm grasp of them. When playing with small money, I can definitely grasp them; once big funds are put on, they will be sent to the head directly. According to the amount, it will beat me"
In fact, he violated the taboo of the contract. In the sideways and volatile market, his play method can indeed make money (resistance to orders + unlimited increase in positions to reduce costs), but once encountering extreme market conditions, his high leverage will be immediately finished when the market amplitude is 10%
The transaction screenshots he gave me deeply reflect this point. Among the hundreds of transaction records, 98% are profitable orders. There is a characteristic that they are all small-amount orders with an average rate of return. 30%; there are only a few losing orders, and the amount of each order is several times that of the small orders, with a rate of return of -600%
He is easily satisfied to close the position when he makes a little money, and when he loses money, he keeps adding positions until the position is blown up and will not stop loss. With this kind of play, even if you have won 99 times before, the dog dealer can take you away in one go
In the current market, you may spend a lot of effort to predict the price, but it may not be as accurate as flipping a coin. There is always no shortage of opportunities in the currency circle, but you must learn to respect the market. This kind of contract play is nothing more than gambling on the size, which is no different from going to Macau All IN. Again, stay away from contracts. If you really want to play, please strictly implement the stop-profit and stop-loss strategy!