In contracts, losses cannot be completely avoided; no one can achieve a stable 100% win rate, including Whales and traders.
Through my recent several poor trades, I have summarized the following to improve my trading strategy in the future.
Avoid emotional trading, refuse high leverage full-position gambling-style trading, control your positions, and do not frequently add to positions indiscriminately. You should wait for the right entry points, and also consider setting stop losses; otherwise, you will be doomed when faced with a strong one-sided market. I have already suffered losses of no less than 3 times from this strong one-sided market.
Strictly control stop loss, keeping it strictly within about 5% of the total position.
Think twice before opening a position every time. Is this point worth opening a position? Why? News? Formation?
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In contracts, losses cannot be completely avoided; no one can achieve a stable 100% win rate, including Whales and traders.
Through my recent several poor trades, I have summarized the following to improve my trading strategy in the future.
Avoid emotional trading, refuse high leverage full-position gambling-style trading, control your positions, and do not frequently add to positions indiscriminately. You should wait for the right entry points, and also consider setting stop losses; otherwise, you will be doomed when faced with a strong one-sided market.
I have already suffered losses of no less than 3 times from this strong one-sided market.
Strictly control stop loss, keeping it strictly within about 5% of the total position.
Think twice before opening a position every time. Is this point worth opening a position? Why? News? Formation?