$ZBT Recently, my fan Xiao Zhang asked me a question that even beginners often make mistakes about. Here’s how I answered him:
$LIGHT Xiao Zhang: Sister Xi, I’ve been losing money on contracts lately, either getting liquidated or experiencing significant drawdowns. Does that mean I’m not suited for this?
Sister Xi: Don’t rush to conclude that about yourself. People who face liquidation actually have a few common traits.
Xiao Zhang: Like what?
Sister Xi: The first is being over-leveraged. If you start off with a heavy position, even a slight market reversal can make you panic immediately.
Xiao Zhang: But small positions feel like they earn money so slowly.
Sister Xi: Slow isn’t necessarily a bad thing. You feel it’s slow because you keep thinking about making a big turnaround. But the market loves that kind of mindset.
Xiao Zhang: What about the second problem?
Sister Xi: Not willing to admit mistakes. When the market isn’t right, you keep thinking, "Just wait a bit more and it will come back." But often, what you get isn’t a correction, but a complete loss.
Xiao Zhang: I indeed do that often...
Sister Xi: The third problem is not setting stop losses. Thinking that just watching is enough, and manually closing positions. When a fast market hits, you won’t even have time to react.
Xiao Zhang: So how do you usually do it?
Sister Xi: I’m used to trading with light positions. Even if I’m wrong about the direction, the losses remain within a controllable range. Taking it slow, when calculated over a month, actually makes it steadier.
Xiao Zhang: When can I be bolder?
Sister Xi: Wait until your account has really turned around, and first take out the principal. Use profits to trade; your mindset will be much more relaxed.
Sister Xi: Ultimately, trading contracts isn’t about who is bolder, but who can last longer. Be steady, and you’ll have the right to wait for the next opportunity.
$PIPPIN If you’re still confused, why not follow Sister Xi’s simple strategy to gradually recover your losses!
#比特币与黄金战争 #美联储回购协议计划
$LIGHT Xiao Zhang: Sister Xi, I’ve been losing money on contracts lately, either getting liquidated or experiencing significant drawdowns. Does that mean I’m not suited for this?
Sister Xi: Don’t rush to conclude that about yourself. People who face liquidation actually have a few common traits.
Xiao Zhang: Like what?
Sister Xi: The first is being over-leveraged. If you start off with a heavy position, even a slight market reversal can make you panic immediately.
Xiao Zhang: But small positions feel like they earn money so slowly.
Sister Xi: Slow isn’t necessarily a bad thing. You feel it’s slow because you keep thinking about making a big turnaround. But the market loves that kind of mindset.
Xiao Zhang: What about the second problem?
Sister Xi: Not willing to admit mistakes. When the market isn’t right, you keep thinking, "Just wait a bit more and it will come back." But often, what you get isn’t a correction, but a complete loss.
Xiao Zhang: I indeed do that often...
Sister Xi: The third problem is not setting stop losses. Thinking that just watching is enough, and manually closing positions. When a fast market hits, you won’t even have time to react.
Xiao Zhang: So how do you usually do it?
Sister Xi: I’m used to trading with light positions. Even if I’m wrong about the direction, the losses remain within a controllable range. Taking it slow, when calculated over a month, actually makes it steadier.
Xiao Zhang: When can I be bolder?
Sister Xi: Wait until your account has really turned around, and first take out the principal. Use profits to trade; your mindset will be much more relaxed.
Sister Xi: Ultimately, trading contracts isn’t about who is bolder, but who can last longer. Be steady, and you’ll have the right to wait for the next opportunity.
$PIPPIN If you’re still confused, why not follow Sister Xi’s simple strategy to gradually recover your losses!
#比特币与黄金战争 #美联储回购协议计划