đ ăA Survival Guide for Ordinary People in the Coin Worldă Issue 1
How a post-90s person turned three yearsâ salary losses into options trading
In March 2024, I first came into contact with futures. I thought I was here to make moneyâturns out I was here to be the fuel.
Timeline:
Month 1: Made 3,000. Thought I was the chosen one, so I linked my salary card to the exchange.
Month 3: One âneedleâ spike and my principal dropped 40%. NotçĺżâI doubled down to average downâall the loss stories start this way.
Month 6: Started following the âsignal coach.â Three times in three monthsâliquidated. Finally understood: the coach earns trading fees, while I lose my principal.
Month 9: My three yearsâ salary was down to spare change. That day, I left every group, keeping only a screenshot of a liquidation statement.
After reviewing, three lessonsâworth 300,000:
1ď¸âŁ Futures are a negative-sum market. Ordinary people donât have an information advantageâonly an emotional disadvantage.
2ď¸âŁ Averaging down with additional positions isnât a strategy; itâs a disguise for gambling.
3ď¸âŁ Every cent you make may be given by market conditions, not your ability.
Now I donât touch futures anymore. Iâm not writing this to tell you to close your positionsâI want you to see it before you get liquidated.
đFollow me. In Issue 2 Iâll cover: a 30-second self-testâwhether youâre really fit to trade futures.
How a post-90s person turned three yearsâ salary losses into options trading
In March 2024, I first came into contact with futures. I thought I was here to make moneyâturns out I was here to be the fuel.
Timeline:
Month 1: Made 3,000. Thought I was the chosen one, so I linked my salary card to the exchange.
Month 3: One âneedleâ spike and my principal dropped 40%. NotçĺżâI doubled down to average downâall the loss stories start this way.
Month 6: Started following the âsignal coach.â Three times in three monthsâliquidated. Finally understood: the coach earns trading fees, while I lose my principal.
Month 9: My three yearsâ salary was down to spare change. That day, I left every group, keeping only a screenshot of a liquidation statement.
After reviewing, three lessonsâworth 300,000:
1ď¸âŁ Futures are a negative-sum market. Ordinary people donât have an information advantageâonly an emotional disadvantage.
2ď¸âŁ Averaging down with additional positions isnât a strategy; itâs a disguise for gambling.
3ď¸âŁ Every cent you make may be given by market conditions, not your ability.
Now I donât touch futures anymore. Iâm not writing this to tell you to close your positionsâI want you to see it before you get liquidated.
đFollow me. In Issue 2 Iâll cover: a 30-second self-testâwhether youâre really fit to trade futures.