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#我的Gate交易时刻 I was too afraid to deposit real money when I first started trading contracts. Luckily, the platform gave me a demo account quota to practice with, so I took it and recorded this short position.
I opened a BTC short position, 10x isolated margin, with a very small position size, only 0.0015 BTC, with an opening average price of 64,943.3.
At that time, I saw Bitcoin surge and then stop rising, the market was a bit overwhelmed, so I thought a pullback might happen and placed a small short order, not daring to use high leverage, fearing a rebound would make it impossible to hold.
Now, the mark price has dropped to 64,012.7, with an unrealized profit of $1.39, and a return rate of 14.04%. Although the amount isn't large, the position is small, so my mindset is very steady.
I checked that the liquidation price is at 71,315, which is nearly 7,000 points away from the current price. Even if Bitcoin suddenly surges violently, there's no need to worry about liquidation; the margin of error is maximized. For a beginner, this way of trading really reduces pressure.
The margin is less than $10, with a breakeven price of 64,882. As long as it doesn't rise back to this level, the position remains profitable.
Honestly, practicing with a demo account is much more effective than just watching tutorials. You can truly feel the profit and loss changes caused by price movements, without worrying about losing real money, and can freely experiment and build trading skills.
I plan to hold a bit longer. When the trend weakens, I’ll close the position and take the profit. Short-term, I don’t chase big gains; stability is the most important.