$BTC There is no fluctuation in the market at present. I will share some practical information with you. Many people don’t know that if they want to make stable profits, mentality management and position management are the most important. Technology comes last and is far less important than mentality and position management. Trading without stop loss and with high leverage and heavy positions (high leverage means more than 10 times of the full position, and more than 100 times of 10% position) will definitely lead to a margin call within 3 months, within a month for those with poor technology, and within a week for those with greater leverage. This is almost an iron rule. Can your mentality management support your rational operation, so that you don’t lose your mind and cancel the stop loss (hopeful), go all in with a heavy position (gambling), mindlessly resist the order (refuse any loss), and achieve the goal without only winning the profit retracement (greed)? The more profitable you are, the more rational your judgment of the rise and fall of the market will be. Only by restraining these human nature can you make a profit. Trading is about cultivating the mind, not gambling.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.