First, let me clarify to everyone that I'm not here to flaunt my profits today. I just want to chat about—how to tread the path of contracts so that we can genuinely put money in our pockets.
Eight years ago, I entered the circle with 3000U. Back then, I couldn't even figure out where to adjust the leverage, let alone the K-line. Now, I have a steady eight-digit number in my account. Looking back at those tough days, I feel a mix of emotions. #合约挑战
But to be honest, this is really not about luck; I painstakingly figured out a set of "survival strategies".
$SIREN
I started with 1000U, testing the waters by investing 100U each time, opening 100x contracts. When the leverage is strong, a 1% rise can double your investment; at times, it's common to lose everything overnight. So I never forget these five rules, and today I'm sharing them from the bottom of my heart.
First: Cut losses when you're wrong, don't hold on stubbornly.
When I first entered the circle, I blew up my position twice. I kept thinking, "Just wait a bit longer for a rebound," but the market doesn't wait for anyone, and the longer you wait, the worse it gets. Once it hits the stop-loss level, leave immediately. As long as you’re alive, you have a next opportunity. There's no need to stubbornly prove that you're right against the market.
Second: If you make five consecutive wrong trades, close the software.
Sometimes the market moves chaotically like a headless fly, and stubbornly fighting it will only ruin your mindset. I set a strict rule for myself: if I make five consecutive wrong trades, I close the software and go to sleep. The next day, when I look again, often the pits from the previous day have already leveled out.
Third: Once you earn enough 500U, withdraw first.
The numbers on the screen, no matter how good they look, are still virtual. The market can turn on you faster than you can turn a page. Every time I earn enough 500U, I withdraw at least half. Securing profits is the real win.
Fourth: Only do one-sided trades; lie flat during fluctuations.
When a trend comes, 100x leverage is like wings; during sideways movements, it’s a knife for cutting leeks. When there’s no direction, it’s better to stay still than to impulsively place orders.
Fifth: Don’t exceed 10% of your capital in position size.
Never go all in like a gambler. If your position size is light, you can stay steady even when the market is chaotic. Going all in is like stuffing ten plates at a buffet— that last plate will surely make you uncomfortable. #CryptoMarketObservation
If you also want to change your current situation, stop blindly following trends, and stop losing repeatedly— then come and find Da He! Follow the right people, walk the right path, and steadily profit in the coin circle, let’s all reach the shore together!