Share two methods of position management!
1. Left-side position management
Don't use up all the bullets in your hand at once, buy in batches!
You can divide the funds into several parts. When you are not sure about the bottom, buying in batches is the most appropriate way to spread the cost price!
The bottom of the position should be flexibly handled according to the changes in market conditions. Don't cover the position too frequently, otherwise it will not be effective in spreading the price of the currency. The first 20%, 30%, and 50% are suitable for aggressive investors who are keen on bottom-fishing!
The initial entry amount is relatively small, the price of the purchased currency does not rise and continues to fall, and the position is gradually increased in the future market, and the increase in the proportion is getting larger and larger, thereby diluting the cost. This method has a relatively small initial risk. The higher the funnel, the more considerable the profit!
2. Right-side position management
When the 5-day moving average crosses the 10-day moving average, enter 30% of the position!
The price of the currency effectively breaks through the lifeline, and continues to add 30% of the position when it steps back on the lifeline to ensure that the total position reaches 60% of the position in the initial stage of the upward trend!
Breaking through the neckline or other important pressure points, and then stepping back and stabilizing again, it means that the reversal and rising pattern has formed, and 20% of the position is added again. The total position should reach 80%, and the currency is held for the rise!
The currency price appears above the lifeline again. The golden cross of the 5-day moving average and the 10-day moving average is a typical signal of accelerating the rise. At this time, the remaining 20% of the position should also be bought in time to maximize the profit.