I've been diving for a long time, but I still can't help but say: holding spot is difficult, and contracts keep getting liquidated. To be honest, it's not that you see the wrong direction, but that your position is too heavy and your mentality is being driven by leverage. My straightforward risk management advice is—treat the "worst-case scenario" as an inevitability: if this order drops by 20% directly, can you sleep at night? If not, reduce it until you can sleep. I now mainly open very small contracts, treating them as a buy with a stop-loss alarm; if the direction is wrong, accept it, don't rely on adding positions to gamble that it will turn around.



By the way, I’ve been seeing those social mining and fan token schemes lately, shouting "attention is mining," and I just get a headache... Attention is indeed valuable, but if you bet all your attention on it, your position will also blow up, just in the realm of emotions. Anyway, I’ll continue to honestly keep records and split small orders, even if it’s slower, at least I won’t get liquidated by a single needle.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin