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If you want to trade well, if you want to change your fate through trading, then follow me, because I just happened to be on my way to Gate.io, hahahaha😄
Which types of people are destined to lose money in contracts?
The first type is the impatient ones, who are afraid of missing out and wish to open several trades in a single day.
Short-term trading with high leverage can yield some profits. However, the position risk is significant, and it is easy to miss major market movements. Even if you get the direction right a hundred times, a single mistake can wipe out your capital, as it relies on personal judgment, which can lead to losing direction in larger cycles.
The second group that needs to keep a constant watch on the market is those who lack position management, especially those who stare at the candlestick charts while going to the bathroom, taking a shower, or eating. They can't sleep and are highly anxious every day, losing money 100%. They don't earn any money, lose their health, and become marginalized in society.
The third aspect is the level of technical expertise. Cultivating an excellent trader is more expensive than anything else, with costs exceeding tens of millions. It also depends on the time cycle—years or even decades of accumulation and analysis are needed. One must analyze U.S. stocks, gold, and also pay attention to Asian stocks. Every month, there are days when one needs to listen to what Old Powell says, and keep an eye on what the ‘understanding king’ has to say. All current events will affect volatility, so most retail investors and newcomers are destined to have a low chance of winning as soon as they enter the market.
Want to make money, make a plan, strictly execute, lock in goals, refine goals, achieve expectations, enhance and optimize the trading system.
Lock in the long cycle, confirm the long cycle, and focus on that direction during the long cycle, doing SB SB SB. Ordinary people might achieve 1-2 times in the long cycle, while we can achieve 10 times or 20 times. Others have high leverage, while we have low leverage. Just take a look at how many SBs I have in my position. For example, with Ether, I opened a 3x position with 500u. Ether needs to reach at least 2500 to earn 500u. So why is it that at 2100, my 3x leverage has already made over 500u in profit? The key point is how many SBs I have inside.
If you don't have any SB, then you can just double your 2500. The problem is that when it’s locked at 2500, we keep doing countless SB. By the time we reach 2500, you double it, I might quintuple it.
Got it #BTC# #ETH# #PI# #GT#