Today I remind you of the importance of position management.

For a full position, high leverage is like driving at 180 240 km/h in the city.

Then the car may crash and people may die in the city at any time, right? 100% of the time.

Low leverage is equivalent to 60 80 km/h.

It is very safe in the city, right? There are only very few accidents.

Spot is equivalent to 20 30 km/h.

No accident will happen at all. If someone is hit, the person will be fine.

So do you understand? The first step is to eliminate full positions and high leverage.

High leverage refers to more than five times the full position, or even ten or twenty times.

The risk is very high.

Why do they all fail in the end? Because no one is safe.

With such a heavy position,

if something goes wrong, it will be gone. There is no room for error.

That's all! $BTC