Why do some people always lose money when trading contracts?
In life, I have friends asking me to place trades, online I have friends asking me to place trades, at work my colleagues want me to place trades, and in the media, on platforms like Zhihu, Pinduoduo, and Binance Square, there are also people asking me to place trades.
They only see me making profits, but they don’t see me getting beaten up in the novice village.
The risk warnings I give, no one listens to. I teach them position management, margin calls, how to take profits and stop losses, but they don’t absorb it. Most just want me to tell them what to buy, at what price to enter, and preferably they want to be in profit immediately. If there's a 10% loss, they’ll send me ten messages in a minute, what does that mean? Are we trading against each other?
If people with this mindset can make money, then why would we seasoned traders lose?
So now, when someone asks me about contracts, unless I see they can strictly follow my strategy to trade, I just reply: buy spot.
Friends who are confused and lack direction in trading, comment 111, this round of the bull market will make you rich.
