#合约交易 Strategies and Techniques
As a cryptocurrency contract trader, the most important thing is to develop a clear trading strategy. Here are several practical strategies:
• Grid Trading: The grid trading strategy is very suitable in a ranging market. By setting price upper and lower limits and placing orders, small range fluctuations can be automatically captured for profit, which is suitable given the current volatility of Bitcoin within a range. Traders can use 50x leverage to enter long positions at the lower limit of the grid and trigger profit-taking at the upper limit.
• Trend Following Strategy: When the trend of Bitcoin or Ethereum is significant, using a trend-following strategy can effectively increase the win rate. For Bitcoin, if the price breaks through the resistance level of $63,000, consider going long, aiming for the next important resistance zone at $65,000. Conversely, if it falls below the support level of $60,000, consider going short in the direction of the trend.
• Scalping: The scalping strategy is suitable for high-frequency trading, capturing small profit fluctuations through quick market entry and exit. In the current high-volatility market environment, scalping can help seize short-term opportunities.
• Martingale Strategy: This strategy carries high risk and high reward, but should be used with caution. It is advisable to try it in extreme market conditions and strictly manage funds. Based on setting a stop-loss, control the position size by doubling it, while trying to avoid excessive risk amplification.
The bull market has arrived, and I plan to position some tokens that are about to receive positive news, while also looking for some coins with long-term potential to hold until the end of the year.
Friends with positions can check my updates for my latest strategies and detailed points!