After half a year of navigating the contract market, from two liquidation events to stable profits, it's all thanks to these 3 habits that saved my life!
1. Never go all-in: Even in a highly confident market, never exceed 50% of your position. The rest is your confidence to handle black swan events.
2. Stop-loss is more important than take-profit: Draw your stop-loss line before opening a position. If it breaks, cut immediately. Don't hold on with the illusion that it will rebound.
3. Don't stay up all night watching the market: Midnight market movements can be unpredictable. Fatigue lea
View Original1. Never go all-in: Even in a highly confident market, never exceed 50% of your position. The rest is your confidence to handle black swan events.
2. Stop-loss is more important than take-profit: Draw your stop-loss line before opening a position. If it breaks, cut immediately. Don't hold on with the illusion that it will rebound.
3. Don't stay up all night watching the market: Midnight market movements can be unpredictable. Fatigue lea
