Contract Trading in the Cryptocurrency World: The Secret to Quick Profits!
Want to get rich? Contract trading is a shortcut for you! But many beginners get 'educated' by the market if they're not careful. Today, I'll guide you step by step on how to play with contracts and how to avoid liquidation!💥
1. What is contract trading?
Contract trading is essentially betting on market fluctuations without actually holding the coins:
Price goes up? Open a long position!
Price goes down? Open a short position!
It's that simple; if you judge correctly, you profit; if you judge incorrectly, you lose.
2. Two mainstream contracts: You must understand!
Perpetual contracts: No expiration date, prices align with spot prices, and both parties pay each other.
Settlement contracts: Have a fixed expiration date and settle according to the spot price at expiration.
3. Key concepts: Understand these to get started easily!
Leverage: Amplifies both profits and losses; a 10x leverage drop of 10% results in liquidation!
Opening/Closing positions: Opening is the start of the trade, closing is the end of the trade.
Forced liquidation: When margin is insufficient, the system automatically closes your position to avoid total loss.
4. Risk control is the key to your success!
Control leverage within 5x: The higher the leverage, the higher the risk, and the quicker you can lose.
Each loss should not exceed 3% of the principal: With 100,000 as principal, you can lose a maximum of 3,000 per trade, and even after three losses, you can still preserve 91% of your principal.
Prefer mainstream coins (BTC/ETH): Mainstream coins have stable volatility and are not easily manipulated.
Trade during the day (9 AM to 6 PM): The market is chaotic at midnight, best to avoid it.
Conclusion:
Contracts can earn quick money, but to earn long-term, it relies on the correct direction, discipline, and risk control! First learn to avoid losses, then think about making profits.
Practice with a simulated account first, start with small funds in a real account! Move steadily to survive longer and earn more!🚀
$BEAT $RIVER $XPIN #美国非农数据超预期 #加密市场观察
