How to roll positions:

Points to pay attention to when rolling positions:

1. Sufficient patience; the profits from rolling positions are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions or even billions, so you shouldn't roll easily; look for high-certainty opportunities.

2. High-certainty opportunities refer to consolidations after a sharp drop followed by upward breakthroughs. During this time, the probability of following the trend is quite high; find the point of trend reversal and get on board from the start.

3. Only roll long;

▼ Rolling position risks

If you open a position in Bitcoin at 10K with a leverage of 10 times and use the isolated position mode, only opening 10% of the position, that means you are only using 5K as margin, which is essentially 1x leverage with a 2% stop loss. If you hit the stop loss, you only lose 2%, just 2%? That's 1000. How do those who get liquidated actually get liquidated? Even if you get liquidated, isn’t it just a loss of 5K? How can you lose everything?

If you are correct and Bitcoin rises to 11K, and you continue to open 10% of your total capital, setting a 2% stop loss, if you hit the stop loss, you would still earn 8%. Where's the risk? Isn’t the risk supposed to be very high? And so on...

If Bitcoin rises to 15K, and you increase your position smoothly, in this wave of 50% market movement, you should be able to earn around 200K. Grabbing two such market movements could lead to about 1 million.

There is no such thing as compounding; 100 times returns come from two 10 times, three 5 times, or four 3 times gains, not from compounding 10% or 20% every day or month. That's nonsense.

The concept of rolling positions itself does not carry risks; not only does it not carry risks, but it is also one of the correct approaches to futures trading. The risk comes from leverage. You can roll with 10 times leverage, or even with 1x; I generally use two or three times leverage. Grabbing two opportunities can yield dozens of times returns, right? If nothing else, you can use 0. something times leverage; what does this have to do with rolling positions? This is clearly a matter of your own choice of leverage. I have never said to use high leverage to operate.

Moreover, I have always emphasized that you should only invest one-fifth of your money in the crypto space, and only one-tenth of that in futures. At this point, the capital for futures only accounts for 2% of your total capital, and you should only use two or three times leverage, and only trade Bitcoin. This can be said to reduce the risk to an extremely low level. If you lose 20K out of 1 million, would that hurt?

▼ How to grow small capital

Many people have misconceptions about trading, such as thinking that small capital should be used for short-term trades to grow the capital. This is a complete misconception; this kind of thinking is merely trying to exchange time for space, hoping to get rich overnight. Small capital should focus on medium to long-term investments to grow.

If you have 30K in capital, you should think about how to triple it in one wave, and then triple it again in the next wave... that way you could have four to five hundred thousand. Instead of thinking about making 10% today and 20% tomorrow... this will eventually lead to your downfall.

Always remember, the smaller the capital, the more you should focus on long-term investments, relying on compounding to grow significantly, and avoid short-term trades for small profits!