Let's talk about the contract skills that can turn $300 into $400,000. You need to first set up the Bollinger Bands and MACD indicators on the exchange, so that three lines will appear: the upper band, the middle band, and the lower band, with the price fluctuating between them.
When the price is between the middle band and the upper band, there's no need to look at the lower band; when it's between the middle band and the lower band, there's no need to look at the upper band. The upper band has strong resistance, touching or breaking through it may lead to a drop; the middle band is hard to gauge, so don't easily place orders; the lower band has support, touching or breaking through it may lead to a rise.
The time frame is also very important; the daily chart is more accurate than the four-hour chart, and the four-hour chart is more accurate than the hourly chart, and so on.
The norm is to short at the upper band and long at the lower band, but in special circumstances, adjustments must be made. If the angle of the upper or lower band is greater than 45 degrees, there may be a sharp rise or fall, so wait for a pullback to go long; if it's less than 45 degrees, consider going short.
For example, if the price is between the upper band and the middle band, and the angle of the upper band is large, wait for a pullback to go long. You can also look at smaller time frames for very short trades.
In short, in special situations, you have to go with the trend.
Additionally, some people have a poor mindset, lack of time, or inadequate skills, yet they insist on trading contracts, which can easily lead to financial ruin. I recommend an automatic contract tool that works 24 hours a day, with a monthly return of 10-30 points; with $70,000 invested, you can earn $7,000 to $21,000 a month, which is better than working a job, and you don't have to worry about liquidation.
That's all for today; click on my avatar to find me in the circle waiting for you.