(🛡️ The first step to recovering health: put a "rule lock" on the contract) With 1000U in hand, follow the three iron rules; if you can't do it, don't touch the contract: 1. Single position opening ≤ 5% of principal (50U) → Losing 10 times won't hurt your fundamentals; as long as your mindset doesn't collapse, there will be a chance for a comeback. 2. Leverage never exceeds 3x → Low leverage amplifying volatility ≠ chronic suicide, the 3x liquidation price is as far as the horizon. 3. Stop loss must be set, and <3% of the principal → Control the maximum loss per order within 15U (30% of a 50U position), cut losses quickly, it hurts, but it allows you to survive.
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#BTC ETH contract turnaround iron law!
(🛡️ The first step to recovering health: put a "rule lock" on the contract)
With 1000U in hand, follow the three iron rules; if you can't do it, don't touch the contract:
1. Single position opening ≤ 5% of principal (50U)
→ Losing 10 times won't hurt your fundamentals; as long as your mindset doesn't collapse, there will be a chance for a comeback.
2. Leverage never exceeds 3x
→ Low leverage amplifying volatility ≠ chronic suicide, the 3x liquidation price is as far as the horizon.
3. Stop loss must be set, and <3% of the principal
→ Control the maximum loss per order within 15U (30% of a 50U position), cut losses quickly, it hurts, but it allows you to survive.