Can contracts really make money?

Recently, I talked to fans about their experience in contract trading. Many of them have made tens of thousands of U from 1,000 U. The most impressive one was 90,000 U from 1,000 U and then went bankrupt and became penniless.

Some people would ask why they don’t stop? In fact, human nature is like this. When you make money, you want to make more, and when you make more, you want to make up for it. When people make a lot of money, they will be extremely inflated.

I have summarized the reasons for losing money. There are only a few points

1. Lack of cognition (lack of judgment on the project, resulting in being deceived and cheated)

2. Bad mentality (lack of concentration and patience leads to failure to hold orders, or frequent selling, or fluke mentality leads to liquidation)

3. Poor technology (always pointing the opposite direction to the trend, resulting in smaller and smaller positions, and falling into a vicious cycle of losses)

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