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1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
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⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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Hopes of a thousandfold increase
One: If you have 10,000 U, and you earn 1% per day and exit, according to 100 trading days, that would be 100 times 1%, and you will have 27,000 U in assets.
3: If we add a success rate (60%), take profit (10%), stop loss (10%), and 100 trading cycles, we can achieve a minimum profit of 300%.
So as long as your win rate is high enough and stable, rising is very fast. Calculated with 10,000 U: Profit 10% each time, it can achieve a rise of 1 million U in 49 consecutive times, a rise of 10 million U in 73 consecutive times, and a thousand-fold increase in 93 consecutive times, which is equivalent to crossing the target of one US dollar.
In fact, from a decomposed perspective, with a fixed profit and loss ratio and a good win rate, it is only necessary to wait for time precipitation. The impact of high and low leverages is not the most important. Position management is the most important. So, what is Position management, and what is fund management.
Position fund management: If the funds are 10,000 U, many Newbies and old leeks will go all in, whether it's 1X or 10X, as the basic Position, which will have a huge impact on your mindset regardless of profit or loss, because this is all your Position, thus affecting the final outcome. Position can always be divided into several parts, one for the basic Position game, one as Position insurance, and the rest as capital and confidence for the battle. This is the simplest Position fund plan, and you can continue to follow for more details.
Personally, I use a small portion of the Position as the base position, with 20X leverage, using 25% or half or full, as mentioned earlier, as long as the win rate is high, double the position size will be very fast, and the loss has been controlled, only this small part will be lost, then the upper limit will be unlimited. For those who use 100X leverage, I won't say you're wrong, I can only say, you can succeed countless times, but you can't withstand one loss.
Whether it's a contract or spot, they all lead to the same destination. It's a game of human nature, and leverage is about magnifying one's desires. If you infinitely magnify your desires, they will eventually devour you.
So, in trading, it is essential to manage your own Position funds properly. This is the fundamental basis for long-term profitability.
Recently, I have been working on a compound interest plan and managing positions, which is gradually showing its potential. If you want to achieve a thousand-fold increase with me, follow me and comment: Let's enter a position together with 888!