Many people go bankrupt yet enjoy it because they never understand the true meaning of leverage.
Leverage is not a tool to 'earn more'; it is an accelerator that amplifies both returns and risks. If your capital is 10,000 U and you can only lose 500 U, then opening a position of 30,000 U is like flooring the accelerator while removing the brakes.
Be clear: before stepping on the accelerator (using leverage), you must fasten your seatbelt (set a clear stop-loss). $GIGGLE
You think it's 5 times, but in reality, you are using dozens of times leverage. If the market trembles slightly, you'll go bankrupt directly and become an ATM for the big players. $RESOLV
Traders who truly know how to trade have a completely different mindset. For them, contracts are not gambling but a risk management tool. Where do profits come from? They come from the chips left behind when others go bankrupt.
The rhythm of expert operations is like this: 70% of the time is spent waiting, and only when the market provides a suitable opportunity do they act. Once they strike, they harvest precisely, cleanly, and swiftly. In contrast, most people frequently operate inside, getting busier and losing more, ultimately working for the platform for free.
To survive in contracts, the key is just two words: restraint - restrain your hands from random operations! When others panic, you must remain calm; when others are greedy, you must be cautious. Losses must be strictly limited, not exceeding 5% of the account; but once there is a profit, you must dare to amplify it, letting profits run instead of rushing to lock them in.
Some say contracts are gambling, which is really a big mistake. The real gamblers are those who blindly over-invest and act on gut feelings. Those who can count depend on discipline and probability, not luck.
One person rushing blindly will eventually crash; with someone guiding, you can go further and more steadily. If you want to change, it’s better to layout with me early.
Follow An Xin Jie, who doesn’t boast or make empty promises, only sharing practical experiences that help survive in the circle. An Xin Jie will lead you through the investment fog, help you turn things around, and hop on the ride together!
