How to open an order:
1. Absolutely do not open orders that make you anxious. For altcoins, opening a 25x position actually results in a liquidation at 3%. I understand your desire to make money and appreciate your trust in me; however, I must tell you that making money is not about being reckless. I often say in the group that if hard work were effective, then the old plow ox would rule the world. The orders you open must be at a position and leverage that keeps you in your comfort zone, allowing you to be at ease. If you open orders in a state of extremity, you will not pass the mindset barrier. Altcoins can swing dozens of points; relying on a 3-point fluctuation to bear the odds of failure is too high. The moment you open the order, you have already lost. Remember, slow is fast, and gambling is losing.
2. Position management in contracts is extremely important. If you can't do this, then don't play with contracts; if you want to eat some profits, then you have to think about how to do it. What might happen in a day? Everything is within a controllable range, including holding trend orders for a few days. If there is a sharp drop in these days, where could it go? Is your capital sufficient? Is it better to open a small position first and then add a larger position later to lower the average cost? Where should you set a stop-loss that you can withstand, so as to avoid special situations while you sleep? All of these are considerations you need to make.
3. How to add positions; for example, if I open a head position of 1000U at X10 for PEPE in the morning, and a special situation arises (e.g., Bitcoin pulls back); then the simplest method is to place a tail position of 1000U when it drops by 6~8 points. This way, after lowering the average price, you can withstand at least 15 points, and when it rebounds to the average price, you can sell 1000U. You must ensure the position remains unchanged, but your entry point will be better. Add if you can, if you can't, it's okay if it goes up. If there is an extreme adjustment, how do you handle this order? If you think the drop may be significant, then when the head position pulls back by 8 points, you can stop loss at 50%, reducing the position to 500U, and then add 500U. Losing a little is okay; your entry point improves, and you can make that money back when it rebounds.
4. Finally, I still hope everyone tries to maintain a stable approach, minimize adding positions, and hold with a comfortable stop-loss. This way, you can hold confidently; only comfortable orders can help you make big money, not just leverage. This is the rule. Greed should be reasonable.