Some trading experience

Transaction logic:

Go long on core coins (Bitcoin Ethereum) and value coins.

Shorting air coins (hype coins with no fundamentals)

Trading techniques:

Mainly based on trend trading,

Combining grid trading with a small amount of left-side trading (bottom-picking)

Entry time:

Go long at the support level (for example, a quick large-volume pin withdrawal, or a time period verification stabilization),

Trend reversal (combined with sar vol macd boll), that is, the end of the downward trend, the reversal signal,

Gouzhuangcoin grid short selling (risk control, no naked short selling),

Morphological signals (such as head and shoulders, wedges, boxes, triangles, etc.)

risk control:

You must split your position! It is recommended to divide your funds into 10 parts, and use no more than 1/10 for each transaction.

The leverage is no more than 10 times (only mainstream can open 10 times, and the maximum leverage of copycat is 5 times),

Be sure to avoid high-multiple traps, which are essentially gambling.

Strictly stop loss for each position. Stop loss does not mean giving up, but avoiding further losses. If the stop loss is inserted or the market rebounds, you can reopen. Be brave to stop loss.

Keeping your capital is always the most important thing. As long as you don't get out, you will always have a chance.

Operation method:

Open a position

Before building a position, plan whether to build it in batches or all at once.

If you are building positions in batches, follow the plan strictly.

If you build a position once, do not add to it easily after it is built, especially do not add to it when there is a floating loss (gambler's trap)

If it is biased to the left, try to build positions in batches

Take Profit and Stop Loss

The most important thing in trading is discipline and execution. Set a stop loss before opening an order and strictly implement it.

As mentioned before, stop loss does not mean giving up, it just temporarily avoids the loss from increasing. If you find that the trend returns to your expectations, you can reopen your position.

The key to the profit-taking method is not to turn profitable orders into losses. Even if you are greedy, you should stop profit at 1/3 or 1/2 when the profit is effective, and stop loss at the rest to protect the principal.

Many people suffer major losses because they do not stop profiting when they are profitable, and are unwilling to stop loss when they are losing. This is a very serious trading problem.

Mindset:

The most important thing in trading is self-confidence. You must believe in yourself enough. Only with self-confidence can you have enough discipline to hold on to profitable orders. Making money in the market often means holding on to a long period of time. HODL

Avoid the gambler mentality. Trading is a long-term thing, not a daily all-in.

Combined with the preface, don't bet high, don't hold a large position, open a position that you can sleep well in, otherwise you will only chase the rise and sell the fall, and cut yourself frequently#合约锦标赛 #广场狂热挑战赛 #BTC #ETH #币安广场狂热挑战赛