Gamblers must die, but how to avoid becoming a gambler? This problem is not only faced by contract players and leverage players, but also by all financial players. As a Binance contract trader, I will encounter this problem even more. There is only a thin line between rational leverage trading and gambling. It happens that contracts are more likely to be encountered by ordinary users because of their high frequency and low threshold transactions, so this article is here to discuss it.
First of all, this is a problem that everyone will encounter, and it is normal. When we encounter this problem, we just need to deal with it.
When you feel yourself getting carried away, sweating, losing your mind and trading blindly, you are closest to and most in danger of losing money.
It is difficult to force a stop. My suggestion is that you just need to divert your attention and leave for a while. My method is to physically isolate the trading terminal, such as taking a plane (no signal in the short term), traveling (inconvenient in the medium term), or even taking a walk without a mobile phone. Leave the trading terminal for a short time to relax yourself.
But remember not to trade while driving. It is very dangerous.
You can establish your own gambling clearing mechanism on a daily basis, such as making a travel wish list, and whenever you feel like gambling, you can go traveling to relieve the urge.
My serialized article on Binance Square, "Information Gap in This Bull Market":
Series 1: "Narratives are Expanded"
