A small test was done for newbies, I deposited 40u, and now it's already 150u! I opened several event contracts this afternoon, all at the right timing. Since early morning, the market has been in an oversold rebound all day today; in such a one-sided market, you must go with the trend.

Trading Plan
Currently, with a principal of 150u, I plan to open positions in batches, mainly focusing on u-denominated perpetual contracts, along with event contracts. Control the event contracts within 10-30u, 🚫 strictly prohibited to continuously bet on the rise! It is best to open positions at the support level of the 1h K-line, reducing the 10min event contracts. I have observed that the market fluctuations have been too large recently, and tonight it has been a long wick candle every minute, making short-term uncertainty too high. Only certain oscillating markets are suitable for opening events; one-sided trends are also hard to grasp because they are constantly washing and testing the market.

Contract Operation Suggestions
1. Lower leverage: In fact, the leverage position for this order in the evening is not low; it has increased due to profit retracement, which can easily lead to profit giving back and loss of position.
- Correct opening order: enter 10% position first, and after making a profit, you can follow up in two batches of 10%.
- Stop loss issue: It is important to strictly set stop losses, regardless of how many times you open a position, and develop this habit to avoid extreme market conditions leading to unchanged coin prices but lost positions.

Event contract trading experience
1. Suitable Market Conditions: Event contracts are suitable for opening positions in a slight fluctuation market. If it's a 10-minute short position, be sure to refer to the 15-minute candlestick.
- In a volatile market, the 15min candlestick will fluctuate up and down. First, determine the overall direction by referring to the previous candlesticks, using the candlesticks from the past 1-2 hours as a reference range.
- Use the high and low points within the range as reference points: go long near the lowest point and go short near the highest point.
- Note: This is not absolute! If the market is in a consolidation upwards, do not open a short position at the point about to break through; wait for the small trend to develop.

2. Timing for opening orders: For 10-minute level event contracts, do not open orders at the intersection of two candlesticks.
- For example: 11:00 to 11:15 is a 15min interval, try to find a suitable entry point between 11:00 and 11:05.
- Reason: When entering the next K-line on a small scale, the price of the currency generally fluctuates greatly.

3. Risk Control: If more than two trades predict failure, make sure to calmly reassess and open a position after 1 hour.

Longxia's trading insights
Trading is truly a test of patience and energy, and the market can be very harsh. Ordinary traders should first consider not how much money to make, but rather to find a strategy that suits them, firmly execute it, and continuously refine it, in order to survive in the market for the long term. Survival is the top priority! It's crucial to avoid being impulsive and stubborn in the trading market. This statement is meant to encourage everyone, while also serving as a reminder to myself.