Newbie playing contracts, newbie must see

Understand this article, newbies can turn the tables and earn millions!
Recently, many fans mentioned that if they are just starting out, they don't know how to operate. If the initial capital is within 1000U, they ask me for good strategies, so today I will share my advice. For example, if you have 1000U, divide it into 10 parts, and invest 100U each time, with a suggested leverage of 20X. Newbies have a hard time controlling their mindset with too high a multiple. The remaining 900U should be placed in a wealth management account. If you lose 100U, you must not think about averaging down. If you lose everything, the first thing you need to do is reflect and summarize, then take a break for 1-2 days. Don’t be afraid of missing out on the market; Bitcoin's fluctuations can happen at any time. There are big fluctuations every month, and opportunities depend on whether you have the luck to participate. Once you adjust, divide the remaining 900U by 10 to get 90U each, and invest again, but this time be cautious, aim to earn back this money. Suppose you make 300U this time, keep 100U, and transfer out the remaining 200U; this way, you will feel more secure, and your mindset will be much better. Never invest all your capital; if a black swan event occurs, you could lose everything at once and have to start over. Objectively speaking, for contract trading, just use 10X leverage. If you're wrong in direction, a 10% drop will liquidate you. Even for BTC, a 20% fluctuation in a year is very normal. If you are fully invested every time, then all the profits you made before will be meaningless, and in the end, it will all go to zero. Walking by the river often, no one guarantees you will be right every time. A great trader with a 60% success rate is already impressive. Therefore, position management is very important. Even if you have a 90% win rate in position management, one mistake can lead to irreversible consequences.
Learn trading knowledge, implement light position operations, and reduce losses. Most people lose money in trading because they lack understanding of the market, do not know how to control positions and manage risks. Therefore, avoid increasing positions when feeling unwell, and instead reduce or close positions. If losses exceed 2% of total funds in a day, it is time to be alert. When losses reach 6%, liquidate all losing contracts and set a breakeven price for profitable contracts, then take a break for at least 2-3 days. Chasing after rises is dangerous; do not blindly chase unless market conditions are clear. Be cautious when increasing positions after making a profit, especially after a significant profit, as new positions often lead to failure. If you want to increase your position, either act immediately or wait until a major correction is over, following the pyramid method for position increase. When the margin profit exceeds 200%, set 40% drawdown take profit for half and breakeven price take profit for the other half. This is to protect profits and ensure that substantial gains do not turn into losses. Do not trade when you are in a bad mood, feeling depressed, or facing troubles in life. If there are overall losses in the past 24 hours, take a break for 2-3 days. Never operate against the trend, reduce trading frequency, and look for the right timing to enter the market. For correct trades, maintain a base position as much as possible, because the right decisions can continue to yield profits.
Newbie suggestion:
Newbie funds, starting from 30-50U
High leverage, 20x leverage
Stop Loss: Set a stop loss when entering, with a stop loss of 20-30 dollars.
Take Profit: Hedge Take Profit (Profit Retracement 30%, Take Profit Strategy)
Profit withdrawal, the deposit starts from 500-1000 US dollars each time, do not exceed too much.
Practice your skills well, then consider increasing your position. If you want to earn more, you also need to increase your position. First, do the small things well, build a solid foundation, maintain your mentality, and making millions will come easily. #BTC再创新高# #ETH突破3000#