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$TNSR
To be honest, most people don't lose their contracts due to the market, but because they haven't figured out their own accounts.
You see the platform marked with 5x and 10x leverage and think it’s quite safe. With 10,000 U lying in the account, you think losing 500 bucks is no big deal, so in a moment of impulse, you directly opened a position of 30,000 U. Thought it was 5x? It's already dozens of times. As soon as the market fluctuates slightly, the liquidation notice pops up—without even giving you a breather.
What about those who really make money?
The way of playing is completely different. They use contracts as tools, not for gambling. The moment you blow up, their profits start to run.
They spend 70% of their time observing. No opportunities? Then don’t act, it’s better to wait than to fumble around blindly. Only take action when the opportunity arises, get in quickly, and exit even faster, never dragging your feet.
What about most people? They stare at the market every day, frequently opening and closing positions, getting busier and losing more, and in the end, all their money is fed to the market.
Want to survive? Just two words - restraint.
When others are panicking, you need to stay calm; when others are going crazy, you need to hold back. A single loss must be controlled within 5% of the account, this is the bottom line; but when you make a profit, don't be in a hurry to run away. Let the profits run, don't just take the money and be satisfied with a small gain.
Some people say "Contracts are just gambling."
This statement is half true. Those who recklessly use leverage and gamble based on intuition are indeed gamblers; but those who can calculate rely not on luck, but on discipline and probability.
If a person rushes blindly, they will eventually crash. Learning from knowledgeable people allows you to walk more steadily and further.