#PI You might not be able to play contracts at all (full of valuable insights)

If you are in a losing position with your contracts and you want to turn your losses into profits, then you need to read this article carefully. Follow the six points below to ensure 100% that you can achieve profitability.
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 too difficult to say; taking profits controls your own greed. A coin will not rise endlessly, nor will it keep falling; there are cycles. Therefore, taking profits becomes especially important. Don't always worry about closing your position too early and missing out on future profits! You must remember that the money in the crypto world is never-ending for you, but the money in your account can be completely lost.
Stop-loss means giving up sunk costs, which is also very difficult. Don't always think that if you just hold on a little longer, the market will reverse in the next second. Never think like that. If you're wrong, you're wrong; you have to admit it. When you take a hit, you need to stand straight. Though it hurts to amputate for survival, it can really save your life. Second: Don't trade frequently.
It's a big taboo to always think about eating both long and short? Wake up, there are not many people who can do that. Be content if you can profit from one side. Another point is the transaction fees; it's okay with low leverage, but with high leverage, it gets painful. As soon as you open a position, you lose 1-2 points of profit. You need to ensure that this trade can make money; otherwise, opening it is completely meaningless, and all your profits go to the market makers as fees!
Three: Learn to Be in Cash
When you don't understand the market, don't open a position blindly. At this time, you have to say that missing out on the market is uncomfortable. So I have to ask you, is it more uncomfortable to miss out or to incur losses? Not understanding the market and blindly opening a position without a clear direction is no different from gambling!
Making trades is all about having a probability advantage; no one can accurately predict whether the market will rise or fall. The market changes too quickly, so we can only say that it is highly likely to go up or down.
Four: Gradual Progression
Don't always think you can become a big fat person in one go; haste makes waste!
The cryptocurrency world won't make you rich overnight. For example, if you start with a capital of 100 and leverage it 10 times, your position would be 1000. If it rises by one point, you earn 10, and if it rises by two points, you get 20, which is enough for a breakfast. Nowadays, working in a factory earns you about 15 per hour, and if you take three or 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 a heavy position; if something unexpected happens, you could lose everything. For example, the market might be rising as expected, but a sudden major announcement could cause it to plummet, and if you haven't set a stop-loss, then you're doomed! So, don't rush into it; you must enter with a light position and prioritize stability. The crypto market is not short of trends or opportunities; they will always be there, at least for the next 10 to 20 years. So, don’t be deceived by the illusions in front of you!