There are also very scary leverage contracts in the contract.

It is still 10u, plus 10 times leverage, you are equivalent to owning 100u, plus 100 times leverage, you are equivalent to owning 1000u. Of course, the greater the cost, the higher the return, and the greater the risk. Under 100 times leverage, you can only withstand 1% price fluctuations. As long as it exceeds, you will be blown up (the warehouse explodes and everything is gone). For example, if you go long with 100 times leverage, as long as the price drops by more than 1%, you will explode. If you go short with 100 times leverage, as long as the price rises by more than 1%, you will explode.

Playing contracts will face economic losses on the one hand, and mental destruction on the other. If you open a high-multiple contract, you will not do anything for the whole day. You have to stare at the numbers every minute and every second. You will be highly nervous, your heartbeat will accelerate, you will clench your fists, and you will pray constantly. Under high leverage contracts, even very small price fluctuations can cause you huge losses. The opportunity to close a position is fleeting. Once you lose the opportunity, it is likely that you will go from profit to loss in 0.001 seconds. Under high leverage, a small change in a decimal point number may make you lose all your money. Just think about how exciting it is, and you can still sleep well.

The long army and the short army are always incompatible, because in the contract, all your profits come from your opponent's account. If you win 10u, it means that there must be an unlucky person who loses 10u.

So there is a saying: One day in the currency circle is a year in the world.

There is also a saying: Small profits are the beginning of big losses.

In general, doing contracts is not as simple as it looks and says. It is an anti-human transaction. Even if you choose to close a long order at a good time, you will inevitably continue to look at the coin. If the coin starts to fall, then you will definitely praise yourself for your experience and sharp eyes in your heart, but what if it continues to rise? Will you slap your thigh, or can’t control yourself and place another order to continue chasing the rise?