You might not know how to play contracts at all!

If you are in a losing position with your contract and want to turn losses into profits, then you need to read this article carefully. Follow the six points below to ensure you can achieve profitability 100%.
1: Learn to take profits and cut losses
The market changes rapidly, and you must learn to take profits and cut losses. It's not difficult to say this; taking profits controls your greed. A coin will not rise indefinitely, nor will it fall continuously; there are cycles. Therefore, taking profits becomes especially important. Don't always worry about closing positions too early and missing out on future profits! You must remember that the money in the crypto world is never-ending, but the money in your account can be lost completely.
Stop-loss is about giving up on sunk costs, which is also very difficult. Don't always think that if you just hold on a bit longer, the market will reverse in the next second; don't think that way. If you're wrong, you're wrong, and you need to acknowledge it. When taking hits, stand straight. Although it hurts to cut off a limb to survive, it can truly save your life.
2: Do not trade frequently
It's a big taboo to always think about profiting from both sides. Wake up, not many people can achieve that. Just be content with making a profit on one side. Another point is the transaction fees. It's fine with low leverage, but it gets painful with high leverage. You lose 1 to 2 points of profit as soon as you open a position. You need to ensure that this trade is profitable, otherwise, opening it is completely meaningless, as all your earnings go to the market makers as fees!
Three: Learn to be in cash
When you don't understand the market, don't blindly open a position. At this time, you have to say that missing out on the market is painful. So let me ask you, is it more painful to miss out or to incur losses? Not understanding the market and blindly opening a position without grasping the direction is no different from gambling!
Trading is about having a probabilistic advantage; no one can accurately predict whether the price will go up or down. The market changes too quickly, and one can only say that there is a high probability it will rise or fall.
Four: Gradual Progress
Don't always think that you can become a big fat person in one go; you can't rush to eat hot tofu!
The cryptocurrency world won't make you rich overnight. For example, if you start with 100 and leverage it 10 times, your position is 1000. If it goes up one point, you earn 10 dollars; if it goes up two points, that's 20 in your pocket, enough for a breakfast. Nowadays, working in a factory earns about 15 dollars an hour. If you make three to four trades a day with a win rate of 60-70%, it's not worse than working in a factory.
Five: Do not go all in with heavy positions.
Never, ever go all in with heavy positions; if something unexpected happens, it's all gone. For example, if the market is expected to rise but suddenly a major news hits and it plummets, and you happen to not have set a stop-loss, then it's game over! Therefore, don't rush into it; always enter with light positions and prioritize stability. The crypto market is not lacking in trends or opportunities; they will always be there, at least for the next 10 to 20 years. So don’t be fooled by the illusions in front of you!
Six: It is essential to integrate knowledge and action.
This is indeed quite difficult, and sometimes I can't fully achieve it either; the weaknesses of human nature are hard to grasp!
You must have a mindset that far surpasses others, the courage to fight boldly, the decisiveness to cut losses in time, and the determination to survive at all costs! Otherwise, you will never become one of the 1% destined people! #币圈 BTC##六月利率预测