If you only have $5,000, participating in the spot market may not be the best choice. It is recommended that you focus on your work and study the contract market carefully, but do not operate with a heavy position. You can choose to compound interest with a light position, gradually increasing from $5,000 to $50,000. This process may be difficult, but it can cultivate your trading skills and build your own trading system, which will also help you to get involved in other speculative markets in the future.

Once you reach $50,000, you can continue to compound interest in the same way as before, gradually increasing to $100,000, $200,000, and $500,000. At this point, you are not far from success, and you will have the means to make stable profits. Keep working hard, it is only a matter of time before you become a millionaire.

The essence of trading profit is not complicated, just like planting in spring and harvesting in autumn. You need to wait patiently and take action at the right time. To remove the concept of principal, regard past profits as a new starting point every day. Profits should be used to invest in the market, rather than blindly pursuing the return of principal.

If you just start to lose money, it is a wise choice to temporarily exit the market. Calm down, learn more, and wait for big opportunities. Consider re-entering the market after you have recovered your capital. Don't touch futures lightly, especially when your capital has not been recovered.

The key to success lies in trends and appropriate positions. Don't trade frequently. Learn to imitate excellent traders and gradually develop your own trading skills and way of thinking. These steps can help you become a successful trader and stay away from the fate of losing money.

Pay attention and don't get lost. Positions will take you to the highway~