If you are currently losing money on contracts and want to turn your losses into profits, you must understand and implement the following points—by adhering to these principles, the probability of making a profit will be much higher.
1. First learn to take profit and cut losses. The market is constantly changing, and taking profits and cutting losses is more important than you think. Taking profits is about controlling greed: no coin will rise endlessly, but your account can be wiped out; there's no need to chase every bit of profit, focus on securing what you can. Stop-loss is abandoning sunk costs: don't deceive yourself into thinking "it will reverse next time." If it's wrong, it's wrong; cut your losses to survive and keep your principal to have another chance.
2. Don't open orders frequently Frequent trading is a shortcut to losing money. High-frequency trading, especially under high leverage, will have 1-2 points eaten up by fees and slippage every time you open a position; it only makes sense if you are sure that this trade can recover those costs. Don't think about "double dipping"; just be content if you can profit from one side.
3. Learn to be in a flat position (stay flat if you don't understand) When the market is unclear, it's better to miss out than to blindly incur losses. If you're not sure about the direction, opening a position is equivalent to gambling. Trading is about having a probabilistic advantage, not always being right; if you're unsure, stay out of the market and wait for a clear signal to enter.
Fourth, take it step by step, don't be impatient. Don't think you can get rich overnight. With a small capital, use small strategies and take steady steps: for example, with 100 capital, leverage 10 times, a 1% increase earns you 10, a 2% increase earns you 20. Treat trading like a "job"; making stable profits is more reliable than getting rich overnight.
5. Absolutely do not go all in. Heavy positions are the fastest route to liquidation. The market can be hit by black swans and sudden news at any time, sending you flying. Light positions, stability, and leaving room for maneuver are key for long-term opportunities. There are many opportunities in the crypto circle; it's not necessary to stake everything on this one chance.
6. Unity of knowledge and action; discipline is more important than strategy. Just talking without action is useless. Human weaknesses can turn good strategies into disasters. You need to cultivate execution: make a trading plan and stick to it strictly; cut losses when you lose and take profits when you gain. With a mindset, courage, and decisiveness that far exceed others, you may enter that 1%.
Contracts are not based on luck, but on rules, risk control, and execution power. Whether you can survive and preserve your principal in times of loss determines how far you can go in the future. Treat these as discipline, not suggestions. Implement them for three days - you will be much more stable than yesterday. #区块链 #web3 #Bitcoin
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You may not understand contracts at all.
If you are currently losing money on contracts and want to turn your losses into profits, you must understand and implement the following points—by adhering to these principles, the probability of making a profit will be much higher.
1. First learn to take profit and cut losses.
The market is constantly changing, and taking profits and cutting losses is more important than you think.
Taking profits is about controlling greed: no coin will rise endlessly, but your account can be wiped out; there's no need to chase every bit of profit, focus on securing what you can.
Stop-loss is abandoning sunk costs: don't deceive yourself into thinking "it will reverse next time." If it's wrong, it's wrong; cut your losses to survive and keep your principal to have another chance.
2. Don't open orders frequently
Frequent trading is a shortcut to losing money. High-frequency trading, especially under high leverage, will have 1-2 points eaten up by fees and slippage every time you open a position; it only makes sense if you are sure that this trade can recover those costs. Don't think about "double dipping"; just be content if you can profit from one side.
3. Learn to be in a flat position (stay flat if you don't understand)
When the market is unclear, it's better to miss out than to blindly incur losses. If you're not sure about the direction, opening a position is equivalent to gambling. Trading is about having a probabilistic advantage, not always being right; if you're unsure, stay out of the market and wait for a clear signal to enter.
Fourth, take it step by step, don't be impatient.
Don't think you can get rich overnight. With a small capital, use small strategies and take steady steps: for example, with 100 capital, leverage 10 times, a 1% increase earns you 10, a 2% increase earns you 20. Treat trading like a "job"; making stable profits is more reliable than getting rich overnight.
5. Absolutely do not go all in.
Heavy positions are the fastest route to liquidation. The market can be hit by black swans and sudden news at any time, sending you flying. Light positions, stability, and leaving room for maneuver are key for long-term opportunities. There are many opportunities in the crypto circle; it's not necessary to stake everything on this one chance.
6. Unity of knowledge and action; discipline is more important than strategy.
Just talking without action is useless. Human weaknesses can turn good strategies into disasters. You need to cultivate execution: make a trading plan and stick to it strictly; cut losses when you lose and take profits when you gain. With a mindset, courage, and decisiveness that far exceed others, you may enter that 1%.
Contracts are not based on luck, but on rules, risk control, and execution power. Whether you can survive and preserve your principal in times of loss determines how far you can go in the future. Treat these as discipline, not suggestions. Implement them for three days - you will be much more stable than yesterday. #区块链 #web3 #Bitcoin