Yesterday, I ran into a guy whose contract trading went bust, losing several thousand dollars, and he was left with just 500 bucks. He asked me if I could help him turn it around.
To be honest, I’ve seen this kind of situation too many times. I gave him two options: either withdraw the 500 bucks, treat himself to a nice meal, and stop messing around; or switch strategies—focus on a promising asset like AIA, wait for a reliable entry point, and simply buy Spot.
You can check out the AIA price chart yourself. Look at the 4-hour level and the Vegas channel, find a support level to get on board, and then set a price alert. Once the market takes off, making two to three times your investment is quite normal. If luck is on your side and you hit a main rise, making ten times isn’t impossible either. This is way more comfortable than staying up all night watching contracts and worrying about getting liquidated, right?
The benefit of Spot is that you don’t have to be on edge every day, nor do you have to stare at the screen fearing liquidation. Choose the right asset, set the alerts, and go about your business. This is the way ordinary people should approach things, don’t you think?