In the world of crypto assets trading, a heartbreaking story has sparked my thoughts on the deeper rules of this industry. Recently, an investor confided in me about his experience: despite accurately predicting the market direction, he suffered significant losses due to funding fees after holding his position for four days, ultimately being forced to close his position before the market took off. This situation is not an isolated case, reflecting a common dilemma faced by many traders.



The real challenge comes not only from market volatility but more from misunderstandings and neglect of trading rules. Many people focus too much on predicting market direction, while ignoring the potential rule details that can silently erode profits.

Reflecting on 2020, I too paid the price for similar oversights. At that time, I correctly anticipated the upward trend of Ethereum, but the high funding costs over three days ultimately consumed most of my profits. This experience made me deeply aware that even with correct judgments, ignoring trading costs can lead to losses.

Since then, I have adjusted my trading strategy to focus more on fee monitoring and timely Close Position. For each trade, I closely monitor the eight-hour settlement fee and no longer stubbornly hold my positions for the long term. Taking profits promptly when correct and quickly cutting losses when wrong has become my trading principle.

However, many traders still fall into various traps. Some ignore the forced liquidation fees, resulting in the actual liquidation point occurring earlier than expected; others are addicted to high leverage trading, not realizing that this is actually creating profits for the trading platform.

In the crypto assets market, a widely circulated warning is: high leverage is not a wealth amplifier, but a risk accelerator. True trading experts are those who can identify and avoid various potential risks, ultimately surviving in the market for the long term.

For beginners, learning from the experiences and lessons of predecessors is crucial. By carefully studying market rules, understanding various fee structures, and maintaining a rational and cautious attitude, one can stand firm in this market full of opportunities and risks.

Remember, in crypto assets trading, victory does not solely belong to those who can accurately predict market trends, but also to those who thoroughly understand the rules of the game and can adeptly respond.
ETH-1.36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BrokenRugsvip
· 10-26 02:50
It belongs to a history of blood and tears.
View OriginalReply0
FOMOSapienvip
· 10-26 02:48
Play people for suckers and then come to create a new account?
View OriginalReply0
ser_we_are_ngmivip
· 10-26 02:41
Wake up, investing money is not as good as investing knowledge.
View OriginalReply0
ForeverBuyingDipsvip
· 10-26 02:35
Lost so much money that I feel like throwing up.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)