After playing with leverage for a long time, you will find that playing with spot has become very simple. Many novice traders expect to make huge profits in a certain transaction, from 10,000 to 1 million, 100 times, from 1 million to 500,000, a loss of 50%, back to 1 million, to double, back to 0, only double. Therefore, novices are most likely to be self-indulgent. After making a few profits in futures, they feel that they are talented. In excitement, they go all in and end up back to zero. Traders who really want to survive in the futures market will never put themselves in a desperate situation. From the moment they go all in or heavily in the futures market, they are destined to be losers. I hope that coin friends will be sufficiently vigilant in leveraged trading!
Why do most retail investors lose money? It’s not that retail investors don’t know how to choose coins. A big reason is that retail investors don’t know how to operate. Either they operate frequently, or they enter the market with a full position, and they don’t understand the general trend of the currency market.
Every day when I have time, I watch the market. I panic when I see a decline, and I want to operate it, but it’s easy to miss the big market. Sometimes the currency has an obvious downward trend, but you still have to hold on, and turn short-term operations into long-term holdings, and finally lose more and more.
Falling out of opportunities, rising out of risks. Retail investors often like to chase ups and fear falling. It is uncomfortable to see that the currency in your hand does not rise for a day, so you want to chase the rising currency, but the result is always standing guard at a high position. You can't stand the big adjustment of the currency in your hand, and you don't care about the general trend of the currency. The result is that you miss the strong currency and miss the big meat. In fact, falling is an opportunity, especially the shrinking callback in the upward trend. This opportunity is a golden pit.
When the currency price trend is not as expected, or falls below the trend, then you must stop loss unconditionally, don't waste it. Similarly, the currency price has made a lot of profit, and it is a good decision to leave at any time. Don't feel sorry. Very few people can withdraw at the highest point. We leave at a relatively high point.
Gold is found in the big waves, and it is easy to find real strong stocks in a weak market.
In any industry, insiders make money from outsiders.
I don’t understand the trend, investment strategy, or systematic investment method, and I am not willing to learn from the experts.
How can I successfully make money in the financial market where there are the most smart people?