What to pay attention to when doing leveraged trading

1. Light position trading

If you want to reduce risks, you have to trade with a light position. If you trade with a heavy position, a slightly larger market fluctuation may cause a liquidation situation. For a small position, even if you cannot make up for it in the first time, you can control the loss within an acceptable range.

2. Strict stop loss

Stop loss must be set for each order, which means that when your current transaction loss reaches the set stop loss point, it will automatically close the position and stop trading, instead of losing money all the time.

3. Short-term and ultra-short-term trading

Long order time means increased risk, because in the cryptocurrency market, we never know what will happen in the next second. For example, closing orders within 30 minutes and doing short-term and ultra-short-term trading can reduce risks. When the market fluctuates greatly, there may be huge profits or losses. This is a taboo. Don't take risks. Steady profits are the kingly way.

4. Enter the market at the right time

Most investors believe that the current cryptocurrency market is not very stable. At present, investment in the currency circle also means certain risks. However, the risk of leveraged trading is higher than that of ordinary cryptocurrency investment. Therefore, when conducting leveraged trading, try to choose short-term investment as much as possible to avoid staying in the trading market for a long time. The longer the time, the higher the cost will be.

5. Seek high price fluctuations

Pay attention to the price fluctuations in the market. When the market price fluctuates more, the price will rebound and rise rapidly. By analyzing and evaluating the K-line trend, predict the turning point of market price fluctuations, pick the right time, and conduct leveraged trading. At the same time, when entering the market, ensure that there is enough data and analysis to support your decision.

6. Ensure normal cash flow

At any time, you must keep a good living expense, have spare money on hand, and be able to guarantee daily expenses, so that you can hold the currency with peace of mind and welcome the bull market with peace of mind. In reality, there are many people who fall before dawn because of various problems and need to cash out. I hope everyone will not become such a martyr.

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