Although it is said that there were significant losses on the hype contract..

CN
4 days ago

Although I suffered huge losses in the HYPE contract...

At least I have the spot market firmly in hand

I have to say that the HYPE contract is really not fun

It tortured me to the point of leaving the market for a while🥹🥹🥹

I'm also reflecting that pursuing the ultimate entry price also means a very low win rate

And the initial position leverage is kept around 2-3 times

Let alone casually trying a rolling position which can open to over 5 times

This leads to constant trial and error, constantly losing, the cost of trying positions is too high...

Why not, in the future, only place low multiple orders when the time is right?

Confirm the right side and then add to 2-3 times?

Then, either catch a wave and ride a trend

Or have the account suffer huge losses of -30%-50%?

It seems like the great traders of these years all have this style...

Only a long upward trend with heavy snow is most suitable for rolling positions

But opportunities like this don't appear even once a year...

It's still better to focus on trading the swings, high sell low buy with low leverage~

🙃🙃🙃🙃🙃

In the end, I want to say

HYPE is not just 120 bucks!


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