Many people think that as long as the direction of the contract is correct, they can make a steady profit.
But I want to tell you a cruel reality — being right about the direction doesn't mean you can make money.
In the year I first started trading contracts, I lost a total of 800,000 in half a year.
Ironically, during those times I was right on all directions, yet I still lost.
It wasn't until I opened the settlement sheet that I realized I wasn't losing to the market,
but rather being severely cut by the three traps set by the big players.
The first trap: rushing in early.
As soon as the market moves, I impulsively open a position and see a breakout, I go all in.
But just as I rush in, the main force reverses and I get stopped out.
The second trap: having a rigid stop loss.
Setting a fixed stop loss of 3% or 5% thinking it’s safe,
but in the face of high volatility contracts, this is just a sweet treat for the big players.
I was once swept three times by a "false breakdown," watching the market surge in the direction I predicted.
The third trap: going all in with heavy positions.
Going all in is equivalent to handing your life over to the market.
Even if the direction is right, as long as a few K lines go against you, the account gets wiped out.
That night I was liquidated, watching the balance go to zero, I was completely frozen.
Since then, I forced myself to establish three iron rules:
1️⃣ No all-in, divide the position into three parts;
2️⃣ Follow the fluctuations for stop losses, don’t cling to fixed points;
3️⃣ If the market is unclear, stay out, don’t force it.
With this set of rules, I went from continuous liquidations to steady profits,
tripling my account in a year.
Remember, those who can win in the crypto world are not the ones who are right,
but the ones who can survive.
Now, I have fixed this path,
you, will you walk it? #加密市场反弹