How to get a bigger profit? Why can't you hold a big space?
Heavy positions and resistance to orders are not a good strategy, and capital preservation and stability are the kingly way
Many friends take heavy positions or even resistance to orders in order to pursue greater profits, but this method is extremely risky and not worth promoting. My personal style is mainly to preserve capital and be stable. Even if the entry point is perfect, it is inevitable to encounter floating losses. In the case of heavy positions, floating losses will become huge, which is easy to affect the mentality, cause emotional fluctuations, and make unwise moves.
Of course, there are very few people who can make greater profits in heavy positions with accurate judgment and a good mentality. But this is not a common phenomenon, and most investors find it difficult to do so. We should always adhere to the principle of capital preservation first, otherwise, once we encounter a unilateral market or a deep lock-in, it may lead to a burst position and cause unbearable losses.
Batch profit-taking, moving stop loss, low-risk space profit
For large space market, we can take batch profit-taking and set moving stop loss to obtain profits to reduce risks or even achieve zero risks. Maximize profits through periodic holding.
In the case of existing profits, if the position is light, you can reasonably increase the position and set a stop loss to protect the principal or bring profits. However, if the position is normal and the profits and losses are within the acceptable range, it is recommended not to increase the position and directly take the profit stop at the batch price.
The profit space is large, but can you really hold it?
Taking Bitcoin as an example, the profit space is usually between 3,000 to 4,000 points and 5,000 to 6,000 points. But ask yourself, can you really hold it?
The reasons why most people cannot hold the large space may be as follows:
1. Heavy position operation, unable to bear the floating loss of price.
2. Fear of losing profits, rushing to stop profits when floating profits, missing out on greater profit space.
3. Lack of strict profit and loss plan, not knowing where to close the position, close all or close part.
4. The pattern is small, only suitable for making small profits, and unable to control the large space market.
5. Poor mentality, afraid of falling when buying high, afraid of rising when buying low, and easily swayed by emotions.
6. Insufficient technical ability and lack of confidence in oneself.
How to overcome these obstacles and seize the big space market?
1. Operate with a light position and control risks.
2. Develop a strict profit and loss plan and strictly implement it.
3. Improve trading skills and enhance confidence.
4. Develop a good attitude and overcome fear and greed.
5. Learn and use excellent trading strategies.
Finally, if you want to obtain greater profits, you need to persist in learning and practice, and continuously improve your trading level and risk management capabilities. At the same time, you must establish a correct investment philosophy and maintain a rational and objective mentality in order to achieve long-term and stable returns in the market.
