Some suggestions for newbies to do contracts!
1. Don't operate frequently
Many retail investors like ultra-short, do this today, do that tomorrow, but the success rate is very low. If you don't have superb skills, don't do this high-risk operation
2 The contract has not stopped falling, don't easily buy the bottom. After the plunge, if you want to rise again, you need a long time to wash the plate. Blindly buying the bottom will be halfway up the mountain, and you can only get deeper and deeper
3. Don't retaliate after missing out. There is a very strange phenomenon in the contract. The ones you like but didn't buy have risen very well. In fact, you paid attention to it when it rose, and you didn't watch it when it fell. Every time I regretted that I missed out again, and then I succeeded in standing guard at a high position out of anger
4. Don't easily hold a heavy position. A heavy position means being passive. As long as there is an operational error, you will be trapped. There is no other way except to resist and cut meat. Once you step on the thunder and can't cut it out, you will be trapped like many old players.
5. You must follow the trend. When the market falls unilaterally, you should lighten your position or go short.
At this time, you should choose the trend and only buy stocks with an upward trend, away from the sideways or downward trend. The success rate will increase greatly.
6. Strictly implement the operating discipline. Without discipline, whether you make a profit or a loss depends entirely on luck. It is completely gambling, and success will be far away from you!
80-90% of the decisions made in haste are wrong.
7. The more you lose, the more cautious you should be in adding positions.
After being trapped, you keep adding positions, flattening the cost, and want to get back the money in a wave of explosions. In fact, it is just self-consolation! The more anxious you are to get out of the trap, the more likely you are to make mistakes, and finally be forced to cut your losses!
8. Don't keep adding to the oil tactics if you don't make money. Losses mean that your trading system is flawed. It is very stupid to keep losing money. You must first find a feasible operating method.
9. You must never believe in gossip. The market is very rigorous, and news leaks are very serious. There is only one possibility for the news that can reach the ears of retail investors, that is, the trap of the main force to cut leeks!
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