In the cryptocurrency world, I don’t open three contracts:
If the price goes up, I won’t open it. Because it will go up for a month and then go down in a few minutes. Once I open it, all the bad news will come.
If it goes down, I won’t open it. Because shorting can only make double the profit at most. Once I open it, all the good news will come.
If it goes sideways, I won’t open it. Because the market views are not unified, and if I open it, I will stop loss back and forth.
