When it comes to futures contracts, I agree they’re an opportunity. But if you call them a deep pit, Tiger agrees with both hands raised.
I’ve seen far too many people rush in with a few hundred or a thousand U, thinking it’s simple: “I’ll leave as soon as I double my money. No regrets.” And what happens? They trade like crazy for the first few days, convinced they’re the chosen ones. Then they start questioning their whole existence, and finally get liquidated and leave—making sure to curse the market makers on their way out: “What a bunch of bastards.”$RLC
Honestly, I went through the same thing back in the day. I started with just a few thousand yuan and clawed my way through the market. Several times, I came within a hair’s breadth of getting liquidated. If you’ve never experienced staring at your account with your hands trembling, you really can’t understand what it feels like.
It wasn’t until I’d lost so much I was almost numb that I gradually figured something out: contracts themselves don’t destroy people. Reckless trading does.$BTC
Most people think getting liquidated is just bad luck—that they got caught in a black swan event. But that’s really not it. Most people get liquidated simply because their habits are terrible. They place orders on a whim, add to positions when emotions run high, and rely on prayers and incense for stop-losses. Put those three habits together, and there’s no way you’ll last long in the market. And here’s the really painful part: if you lose 90%, do you think earning back 90% will get you back to even? Dream on. You’ll need to multiply your money several times over to fill that hole. And you should know just how hard it is to multiply your money.
Everyone who’s managed to become consistent, whether they learned through losses or study, has gone through a turning point—from trading recklessly to finding a rhythm, from acting on emotion to following rules. There’s no other way around it; this is a necessary part of the journey.$VTHO
Over time, Tiger gradually found a method that suited him: no blindly chasing the market, no getting carried away. Before every trade, I ask myself three questions: Why am I entering? How much am I willing to lose before I exit? At what profit will I reduce my position? I only act once I have clear answers. The market is always there, and opportunities are never in short supply. Whether you can seize them depends on having a system of your own—not blindly guessing and hoping for luck.
If you’re still stuck in a cycle of losing money, putting it back in, losing again, and trading even more recklessly, take Tiger’s advice: the problem isn’t the market—it’s your rhythm. Stop, get your rules clear, and only then enter the market. You don’t need to trade a lot, but every trade should be a decision you make with a clear head. When you’re not thinking clearly, shutting down your computer and going to sleep is better than anything else.
If you’re still chasing prices up and down, or don’t know how to identify entry and exit points, come find me in the chat room and let’s talk.
I’ve seen far too many people rush in with a few hundred or a thousand U, thinking it’s simple: “I’ll leave as soon as I double my money. No regrets.” And what happens? They trade like crazy for the first few days, convinced they’re the chosen ones. Then they start questioning their whole existence, and finally get liquidated and leave—making sure to curse the market makers on their way out: “What a bunch of bastards.”$RLC
Honestly, I went through the same thing back in the day. I started with just a few thousand yuan and clawed my way through the market. Several times, I came within a hair’s breadth of getting liquidated. If you’ve never experienced staring at your account with your hands trembling, you really can’t understand what it feels like.
It wasn’t until I’d lost so much I was almost numb that I gradually figured something out: contracts themselves don’t destroy people. Reckless trading does.$BTC
Most people think getting liquidated is just bad luck—that they got caught in a black swan event. But that’s really not it. Most people get liquidated simply because their habits are terrible. They place orders on a whim, add to positions when emotions run high, and rely on prayers and incense for stop-losses. Put those three habits together, and there’s no way you’ll last long in the market. And here’s the really painful part: if you lose 90%, do you think earning back 90% will get you back to even? Dream on. You’ll need to multiply your money several times over to fill that hole. And you should know just how hard it is to multiply your money.
Everyone who’s managed to become consistent, whether they learned through losses or study, has gone through a turning point—from trading recklessly to finding a rhythm, from acting on emotion to following rules. There’s no other way around it; this is a necessary part of the journey.$VTHO
Over time, Tiger gradually found a method that suited him: no blindly chasing the market, no getting carried away. Before every trade, I ask myself three questions: Why am I entering? How much am I willing to lose before I exit? At what profit will I reduce my position? I only act once I have clear answers. The market is always there, and opportunities are never in short supply. Whether you can seize them depends on having a system of your own—not blindly guessing and hoping for luck.
If you’re still stuck in a cycle of losing money, putting it back in, losing again, and trading even more recklessly, take Tiger’s advice: the problem isn’t the market—it’s your rhythm. Stop, get your rules clear, and only then enter the market. You don’t need to trade a lot, but every trade should be a decision you make with a clear head. When you’re not thinking clearly, shutting down your computer and going to sleep is better than anything else.
If you’re still chasing prices up and down, or don’t know how to identify entry and exit points, come find me in the chat room and let’s talk.
