Brothers, pay attention to trading contracts! Do you often reverse right after opening a position, and to da moon right after closing a position?

Clearly saw the right direction, but in the end, lost everything including my underwear?
Today's most hardcore contract science popularization + practical pitfall avoidance guide on the internet will help you thoroughly understand the underlying logic of contracts, hidden rules, and funding rate traps, allowing you to pay less tuition.
Do you think contracts are about buying and selling Bitcoin? Wrong! Contracts are a "betting agreement," and the exchange is just the house, while the money you make comes entirely from the losses of other gamblers!
Long = Bet on Rise
Short = Bet on decline
But the question arises - why did you see the direction correctly but still ended up with a Close Position? ......
The 3 major secrets that exchanges don't want you to know!
Do you think the funding rate is just a fee collected every 8 hours? Too naive! When the rate is extremely high, the exchange is forcing you to choose a side!
Rate > 0: Longs give money to shorts
Fee rate < 0: Shorts give money to longs
Practical Tips: If the rate is continuously >0.1% for 3 times, don't go long! It's highly likely that the exchange is going to liquidate the bulls!
Liquidation Price ≠ Theoretical Liquidation Price!
Do you think that 10 times leverage will be liquidated if it falls by 10%? Wrong! The actual stop out price will be closer than the theoretical value!
Why? Because the exchange charges extremely high liquidation fees, and your margin will be wiped out!
Leverage amplifies not only profits, but also handling fees and funding fees!
Many people think that if you open 100 times leverage, you will earn 100 times? Too young!
Transaction fees: Opening position + Close Position, calculated based on the trading volume after leverage!
Funding Fee: Similarly calculated based on the leveraged position, high-frequency trading can drain your capital!
Core strategy: high leverage is only suitable for short-term sniping, and holding a position for more than 4 hours will be harvested by the rate!
Rolling positions is the weapon of mass destruction in full position mode, using profits to continue opening positions, and can earn hundreds of times when the market cooperates!
But once it reverses, the full position mode will go directly to zero!
My advice: only use 50% of the profit to increase the position, and leave a way out forever!
Why are you always being "targeted for a blow-up"?
90% of liquidation orders are concentrated at a few key price levels. Do you think it's just bad luck?
Actually...