Futures
Access hundreds of perpetual contracts
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Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
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Use virtual funds to practice risk-free trading
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CandyDrop
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Is it difficult to make $100 a day with a contract? 😂
A group member played with contracts last September, setting a goal to make a small $100 profit each day. The market almost developed according to his expectations, making small profits daily and feeling happy.
He had a clear goal: take profits after earning a little each day, not greedily, and control risks.
He followed the plan for over half a month, but at the end of September, an extreme market condition wiped out all his previous gains and also lost his principal.
In the first 21 days of September, he earned over $6,000, but on September 22nd, he lost more than $10,000 in one day, ending up with a loss of over $4,000.
The market did not develop as expected, and no one can predict when a crash will happen.
Even if you earned $100 every day for 99 days, you could be wiped out in the last day, losing everything in a minute and losing your principal.
This is an unavoidable outcome in contracts; the process might be profitable, but when making money, you won't stop. You want to continue according to plan, but unexpected market moves can hit you hard, ultimately leading to zero.
No one can make money in the contract market in the end; the process might multiply your investment 10 or 100 times, but no one laughs last.
Protect your balance and stay away from #contracts.
By the way, did you finally make money trading contracts? 😂😂
Recently, the Iran-Israel conflict has affected the market,
$BTC fluctuates up and down, and most people get liquidated.