In the cryptocurrency world, wealth beyond one's own cognitive scope is often difficult to reach.
The following are some of my insights and experience sharing accumulated through contract trading:
Light positions with high leverage
In contract trading, heavy positions or full positions are taboos. The wise approach is to keep a light position and reasonably allocate leverage. This can effectively control risks and ensure that higher returns are pursued within the controllable range of risks.
Grasp market dynamics and pay attention to big news
Market information is crucial for contract trading. A timely message may bring huge market fluctuations. We need to keep an eye on market dynamics, especially those important messages that may affect market trends. As for how to obtain these messages, I suggest paying more attention to authoritative media and institutions in the industry to obtain accurate and timely information.
In-depth study of technical analysis tools
In contract trading, technical analysis is an indispensable part. We need to master technical analysis tools such as MACD, KDJ, VOL, MA, EMA, and learn how to use them to analyze market trends. For example, golden cross and dead cross are common concepts in technical analysis, which can help us judge the buying and selling opportunities in the market. At the same time, we also need to understand the role of trading volume in order to better grasp the market sentiment and trends.
The wealth of the market is not easily obtained. We need to constantly expand our cognitive boundaries and learn new knowledge and skills to succeed in this field full of opportunities and challenges. Only by truly understanding the market can we grasp our own wealth.
A person's successful choice is often greater than hard work. If you still can't see the market trend clearly and have been losing money, follow me on the top of my homepage and I will help you make a profit
