Contracts are gambling? Many friends often bet 10/20/50 times
or even 100 times, and the money just rushed in, and the position was blown up overnight!
There are two types of people who open high leverage:
First: they like to bet small and win big, like to all-in, and are real gamblers!
Second: There is also a kind of novice who doesn’t know how to operate and plan their positions. The contract is over before it even starts!
It is very important to manage the position of the contract to maximize the benefit of the funds
and avoid your own risks.
How to manage the position of the contract scientifically?
Flexible use of funds: For example, if you want to open a position of 10,000U, you can be 1,000U-10 times, or 500U-20 times.
Stop loss 1%-3%,
Use 10% of the funds to bet on 100% of the profit, and the loss is also under control.
If you use 10,000-10 times 10,000-20 times. .
A wave of market conditions will take you away. Without a margin of error and the principal for trial and error, it is easy to lose everything and become distorted!
Using high leverage to borrow funds that are several times more than your principal for speculation, it is common to get liquidated, but it is rare to make money. If you want to use contracts, you should first understand the basics, such as leverage multiples and funding rates. If you don't know anything and get liquidated, you have to blame this tool for harming others.
So you must plan your positions reasonably!
