ten thousand U leverage ten times, a small correction and it blows up? The problem isn't leverage, it's the position.

$ALAB
Last night I received a call from a little brother in Foshan, his voice didn't sound right, he opened a tenfold long position with ten thousand U, a slight correction and it was gone. Asked him to send a screenshot, checked, he had no stop-loss set even with full position. #沃什首秀美联储利率不变

This scene is so familiar, I used to do the same, always hoping to turn things around with one big move, only to blow up again and again. Only later did I realize the market's cruelty isn't in leverage, but in risking too much principal. $LAB

Let's do some math: the same ten thousand U, using most of it to open a tenfold leverage, a small reverse fluctuation will blow the account, but using only a small part with tenfold leverage requires a large fluctuation to blow up. The risk gap is huge; it's never the multiple that kills, but the position size.

Over the years, I set three strict rules and posted them on the side of my screen. #SpaceX市值超越微软跻身全球前五
Single trade should not exceed a small part of the total funds, even with a stop-loss, only a small loss, no real damage.

Control each trade’s loss within a small proportion of the total funds; after a few consecutive mistakes, there's still a chance to turn around. During sideways markets, do not add positions; when K-line is chaotic, doing nothing is winning. Only act when the trend becomes clear. $O

Living longer in this market is a thousand times more important than earning quickly. Don't let one impulsive move ruin all your opportunities. I don't teach gambling, only how to survive first. #Gate现货交易量增幅全球第一