(Diary) 2024.04.27, cloudy. Total loss 27%, see attached picture. (They are all fakes, and Big Pancake Auntie is indeed not something I can afford now)

Although I made and lost contracts, I can still look at contracts objectively. It's just a tool. You can increase your profits or suffer big losses. It depends on whether you can withstand the fluctuations. As for the stop loss position, if you set it too small, you will be frequently damaged, and your mentality will collapse. If you set it too large, you will be reluctant to cut your losses at the stop loss position, and eventually make a big mistake. I am such a fool.

The past is unbearable to look back on, it has gone with the wind, and it's all over.

For newcomers, my advice is

1. First trade the spot according to the idea of ​​the contract. Assuming that your winning rate is more than 80%, then start trading contracts, otherwise you will probably lose money.

2. Try not to short. Shorting is actually a radical faction, while long is more like a conservative faction. Shorting makes money quickly, and longing makes money steadily.

The skills and timing required for short selling are actually very high. Don't think about short selling when the price goes up. This habit should be changed. Why short sell? Wait until the price stops going up! Do it when the volume and price diverge.