There are many highly educated friends around me, with good education, work and knowledge. They stay away from pornography, gambling and drugs, and are ambitious young people. However, they are trapped in contract trading and cannot extricate themselves. They have been losing money, trying and summarizing, and fantasizing that one day they can master core technology and embark on a path of stable profit.
This group of people (including myself) are basically deceived by the high-end appearance of contract trading, which makes these "Wall Street elites" unable to stop. They act very proud, even arrogant, and always look very powerful in front of others. They once thought that "I am the top figure on the pyramid by entering the financial industry. I walk around the trillion-dollar market every day. The market is like an ATM for me."
Many people in the currency circle are basically not professional in finance, or even know nothing about it. They were cut into the industry by being cut off by others. In order to make up for the regret of not being able to dominate the stock market, they began to supplement their knowledge and study tactics hard, just to achieve a blockbuster! But in the end, he chose the most difficult path - the contract, and was beaten black and blue.
Trading is a science, an investment in value that allows you to profit from it with a unique perspective. Most retail investors in the cryptocurrency world claim to be investing and trading, but in fact, they are just gambling.
But with this dignified shell, what they do has a legitimate reason. It is normal to lose money. How can investment not lose money? Just study it slowly!
Then there are the myths of people who made tens of thousands to tens of millions in the cryptocurrency circle. These benchmarks are constantly reminding you that this path is feasible, but you just haven't found the right method yet.
Contract trading is essentially emotional trading for most people. Regardless of the effectiveness of the technology, as long as you use leverage, you cannot be rational. Once rationality is unmoored and emotions dominate, the only result is zero.
One question I have always been confused about is ‘why not avoid it?’ Knowing there is a tiger in the mountain, I still go there!
If this is the market code, then the 80/20 rule will not exist. You must know that your opponent is people, not K-lines! Everyone is an opponent. This is a game of mutual cutting. Don't have any beliefs. Everyone can be an opponent. No matter who wins in the end, you can't make money. If you are very lucky and win your opponent, can you withstand the dealer's secret operation? How should you deal with the exchange pin?
Dog dealers are studying which side to blow up all day long to make more money, but you are studying which point to pull back to open an order, so you have no chance of winning in contract trading. Don't be confused by appearances. Persistence is victory. The currency circle is deceptive. As long as you keep playing, it will be cold sooner or later. You are gambling! When your position is blown up, you will understand the feeling of losing everything. Don't be superstitious about the gods. The so-called mentor contract order, don't participate, you will definitely lose money in the end. Don't have the mentality of leaving with a fluke profit. You underestimate the greed of human nature. Because the contract market changes rapidly, everyone has different entry points, different funds, different mentality, different natural risk tolerance, and different blow-up prices. It is difficult to enter and exit at the same time. You can think about it, why should I take you with me when I make 100% of the money? Ask a few more whys and you will know that there is a problem.
Cherish life and stay away from contracts!