rekoa1
Frequent Trader
2.7 Months
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Do you want to study a bit more?
Many beginners who just started trading contracts have limited funds, unstable operations, and their mindset can easily burst.
So today, I will tell you in the simplest way how beginners should survive and gradually make a profit.
First, if you only have 1000U, you must divide it into 10 parts, using only 100U each time with 20X leverage. Put the remaining money into a wealth management account, and do not fully invest. If you lose 100U, do not add to your position; take a break for 1-2 days, reflect, and then continue. When you return to the market, divide the 900U into 10 parts (90U each), proceed steadily, take small profits, and protect your mindset.
Remember: Trading contracts is not about desperation, but about position management. If the direction is wrong, 10X leverage can lead to liquidation; fully investing is always a dead end. No matter how high your win rate is, if you blow up once with a heavy position, all your previous efforts will be in vain.
Always keep a light position, be alert if losses exceed 2%, and if losses reach 6%, you must liquidate your contracts and take a break. Do not chase rising prices, do not add to positions emotionally; if you add to your position, do it immediately or wait until the pullback is over; when profits exceed 200%, set some to take profits at a drawdown, and set some at the break-even price to lock in profits.
If you are in a bad mood, life is not going well, or you are continuously losing moneyโdo not trade. Do not touch the market against the trend. Keep some base positions; a good direction may continue to make money.
Beginner's trading advice:
Start with 30-50U
20x leverage
Stop loss: lose 20-30 dollars
Take profit: take profit when the profit drawdown reaches 30%
Withdraw profits in a timely manner; deposit 500-1000U each time, do not invest too much at once.
So today, I will tell you in the simplest way how beginners should survive and gradually make a profit.
First, if you only have 1000U, you must divide it into 10 parts, using only 100U each time with 20X leverage. Put the remaining money into a wealth management account, and do not fully invest. If you lose 100U, do not add to your position; take a break for 1-2 days, reflect, and then continue. When you return to the market, divide the 900U into 10 parts (90U each), proceed steadily, take small profits, and protect your mindset.
Remember: Trading contracts is not about desperation, but about position management. If the direction is wrong, 10X leverage can lead to liquidation; fully investing is always a dead end. No matter how high your win rate is, if you blow up once with a heavy position, all your previous efforts will be in vain.
Always keep a light position, be alert if losses exceed 2%, and if losses reach 6%, you must liquidate your contracts and take a break. Do not chase rising prices, do not add to positions emotionally; if you add to your position, do it immediately or wait until the pullback is over; when profits exceed 200%, set some to take profits at a drawdown, and set some at the break-even price to lock in profits.
If you are in a bad mood, life is not going well, or you are continuously losing moneyโdo not trade. Do not touch the market against the trend. Keep some base positions; a good direction may continue to make money.
Beginner's trading advice:
Start with 30-50U
20x leverage
Stop loss: lose 20-30 dollars
Take profit: take profit when the profit drawdown reaches 30%
Withdraw profits in a timely manner; deposit 500-1000U each time, do not invest too much at once.
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The cryptocurrency world changes every day
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can
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Because it's valuable
Too fast, can't grab it, what's going on!
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You are awesome
Woke up and I'm financially free ๐คฃ, ridiculous $STRK
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Crazy
Just bought 5u, really regret it
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No one is making money anymore, so why continue doing it?
It seems that there are fewer and fewer people.
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$BANANAS31
Is this the hot dance before resetting? It's gone in, picking up money, picking up money!
Is this the hot dance before resetting? It's gone in, picking up money, picking up money!
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