Hands-on teaching you how to lose money.

Look at this picture, a single MAVIA lost 370,000 dollars. This is not a euphemism; the most valuable part of this image is this loss.

Opening price 0.1062, closing price 0.1876, the price of the currency clearly rose, but the result is a huge loss. There is only one reason: the direction was reversed, this is a short position. The price did not fall as expected, but instead soared, leading to a short squeeze.

This reminds us of two things: first, the direction of the contract is a matter of life and death; if wrong, there will be heavy penalties; second, even the most inconspicuous currency (at that time 0.1U) can be deadly when it fluctuates.

The two profitable trades next to it (B2 and USELESS) seem to be supporting roles. They indicate that the same trader may operate several varieties simultaneously, with both right and wrong trades. The market will not forgive your next mistake just because you were right the previous second.

So don’t be swayed by large profit and loss numbers; first clarify whether it is a long or short position. True risk control starts from understanding others' losses. #美国非农数据超预期 #MAVIAUSDT