Why do I need to register in advance?
The main reason is that there are too few 58-coin players and the bid-ask spread is too large. Buying at the market price will cause a premium loss! If you buy it, you will lose 0. 14%. For highly leveraged players, for example, if you open 100 times, you will lose 14% directly, which is not the 6% handling fee. Therefore, it is best to hang up the interval point in advance according to the market trend!
(Reminder: Because there are too few 58coin players, it will be a disadvantage for the spot price difference of legal tender to be too high. It is recommended to buy from platforms such as Huobi, recharge to 58 coins and then transfer to the contract account. )
What is the appropriate leverage ratio?
I think 5- 10 times is a range that gives consideration to both efficiency and safety! It's cool to open 100 times. If the direction is right, the fluctuation 1% will double. But if the direction is wrong, the fluctuation of 0.75% will explode directly! ! ! 5 times the lever, at least 20% will explode in the opposite direction. There is room for low multiple advance and retreat, which is relatively safe.
Which is more important, take profit or stop loss?
Both are important! If you lose more, you naturally know the importance of stop loss, but it is not so easy to take profit, especially for some contract novices, who are often unwilling to press the pause button because of greed.
Futures contracts have their own leverage, and the income has doubled. When your profit doubles, I suggest you put forward some and keep some in the contract to continue playing.
Practice the truth and play more, and you will naturally understand these simple basic truths!