In the investment field, position management is a crucial skill. Here are some of my personal experiences and suggestions on position management:
1. Newbies should stay away from contract trading:
For novice investors, I recommend avoiding contract trading as much as possible.
The high leverage and volatility of contract trading can bring extremely high risks and are often difficult to manage for novices who lack experience and skills.
2. Allocate spot and futures positions: I recommend investing most of your funds (90%-95%) in the spot market and the remaining 5-10% in futures trading.
This allocation method can ensure the safety of the principal while trying out the possibilities brought by contract trading.
In fact, I once set the proportion of contract trading too high (50%) in the early days, but after experiencing several margin calls, I deeply realized the risks of this allocation method, so I gradually reduced the proportion of contract trading, and even focused entirely on spot trading for a period of time.
3. Batch opening strategy for spot trading:
For spot trading, I recommend building positions in batches.
This way, you can gradually buy at different prices to average the cost and reduce the overall risk.
4. Position control of contract trading:
If you choose to operate a contract, be sure to strictly control your position.
My personal suggestion is that the total amount of the initial position plus the margin should not exceed 10% of the total position. This can effectively avoid the risk of forced liquidation due to market fluctuations and protect the principal.
In contract trading, be sure to avoid adding positions when there is a floating loss, do not hold orders, and do not blindly chase ups and downs. These behaviors often lead to greater losses.
5. Maintain a good attitude:
Whether it is spot trading or contract trading, a good attitude is crucial.
Always remain calm and rational and don't be affected by short-term market fluctuations.
Only in this way can we analyze the market without distraction and make wise investment decisions.
6. Respect the market:
Finally, we must always maintain awe of the market. The market is complex and changeable, and no one can accurately predict its future trends. Therefore, we must always remain cautious and respectful, and continue to learn and improve our investment skills.
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