#MyFirstFeedPost
Hello world

This is my first text message in Binance Square, and it is also a new beginning.

DX is a PA trader with many years of trading experience. He has worked in foreign exchange and futures trading companies for more than 5 years. He is mainly engaged in m15 level transactions between the US dollar and bulk currencies and deeply appreciates the beauty of PA trading. In fact, in the foreign exchange market, PA trading is well known to everyone, and it is also loved by senior traders because of its unique way of thinking and accuracy. However, in the currency circle/domestic country, there are not many traders who really promote/expertly use this transaction.

Taking this opportunity, I also hope to use my research on this technology to help Chinese audiences understand this magical trading method. Therefore, the columns/daily updates will include but are not limited to:
1. PA teaching
2. Introduction to system trading
3. Set up yourself to share and analyze
4. Some thoughts

People always say that people who play contracts are gamblers, but since I came into contact with currency contracts, I feel that they are a treasure. The premise is that you really know how to trade and control your risks. A mature trader must have a mature trading system and strictly implement it.

Please pay attention and follow my channel, because I will help you step by step to build a trading system that suits you.

#Eth ETF passed, and our pawn entered the market at the most accurate point again

#内容挖矿 $WOO $DOGE

PA trading brings the most accurate entry point.

Happy weekend everyone!

After chainlink abandoned us and ran directly, I tried to find some new targets. During the period, I tried long orders on FET. After the breakthrough, it went a long way and then set the stop loss to BE (break even). Unfortunately, it fell back yesterday. Was kicked out of the game.

Today I set up a long order in AVAX to share with you, hoping to get in when BTC falls back (you can find the entry point in the previous text message, which is a long order).

Maintaining patience is one of the necessary conditions for good trading. Charts are often very clear. What you have to do now is to get rid of the noise, Plan the trade, and let the trade run.

Finger crossed.

$BTC $FET #$AVAX
#热门话题 #link #pyth #内容挖矿

It’s a shame that Chainlink didn’t pick us up.

Because of the distance of the stop loss, I had to choose the lowest entry point. But it doesn't matter, what this market lacks most is opportunities.

Stay tuned!
#热门话题 #link $link

Just looked at the BTC and Chainlink charts and the plan is very, very simple: stick to my plan.

Block out the noise and wait patiently for my order to come in.
$BTC $LINK #热门话题 #JUP #ETH #内容挖矿

Real Case Sharing - Reasons for Chainlink Setup

Friends who have been following my channel may have seen from the BTC/USDT contract transaction in the previous article that DX has TP (Take Profit) 3R, based on the existing Set up position (a 0.5R BTC Add-on) , hoping to try a few Altcoin transactions.

Here I have chosen several landmarks with strong liquidity and sufficient depth: Link, Sol, and Matic.
Now, I will share my Set up about Chainlink below and try to explain its principles. (Since directly sharing prices in the first two articles violates the community guidelines, the Set up of this article will be shown in the picture below.)

As we can see from picture 1, I set 3 limit orders with Risks of 0.5/0.25/0.25, totaling 1%. Based on the 0.5R set by the previous real offer, the current potential risk of DX is 1.5R, which is half of the 3R earned previously. From here, I hope you can understand my opinions on risk management from my actual operation. Even if all new positions are stopped, I can still get more than 1.5R of profit (currently I still have 0.25R of BTC) LONG).

(Figure 2) The principle of PA trading is to read the price action directly from the exposed K-line. We can see that before the previous wave of rise, two liquidity acquisitions were completed (shown at the water drop). Liquidity = money = the fuel that drives prices, and massive stops and entries will only occur in the liquidity zone. This is usually controlled by bookmakers, with large stops in the market to satisfy their buy orders. Traditional traders often set stop losses through trend lines, which is the target of bookmakers. When you first learned to trade, did you often encounter the situation that the market had just hit your stop loss and started to move in the direction you expected? You could only watch the price keep reaching new highs and you were thrown off? This is the embodiment of liquidity, and you who have been thrown off the car have become the liquidity that drives prices up.

The space is limited. If you are interested in how to prevent yourself from becoming liquid, please pay attention to my next article.

$LINK #link #BTC!💰 $SOL $MATIC #内容挖矿 #交易员

Examples of Risk Management - Know Your Risks (Part 2)

All sharing is only for transaction records and opinion sharing, please do not follow orders.

Continuing with the above, the actual opening points of DX are as follows:
- risking 0.5% on entry 1: 39xxx
- risking 0.25% on entry 2: 38xxx
- risking 0.25% on entry 3 : 37xxx
- Stop Loss (SL) Stop Loss: Uniform 37xxx (Due to community guidelines, it has been hidden, you can see the picture)
- Take Profit (TP): Depending on the situation, 48,000 is expected when opening an order

A little understanding of these terms, it is not difficult to understand that when these three setup transactions are entered, I will enter a multi-single transaction of BTC/USDT perpetual contract with a risk of 1% of the total position. The profit and loss ratio of the transaction is approximately 8:1.

In the actual market trend (January 23), you can find that I entered the market for 2 transactions and quickly rebounded a certain distance. Following the trend, I raised the SL (stop loss) to (BE: Break Even) on January 24 to break even (that is, the average opening price, when the SL of a transaction is set to BE, it means that the transaction is Risk Free) , at this time, the average opening price is 38841. Next I just have to keep watching without taking any risks on this trade.

As the price continued to rise, I closed 50% of the position at a price of 41884.9 on January 27, making a profit of 2R. On January 30, 25% of the position was closed again at the price of 43445, with a profit of 3R, and the remaining position was 25%.

Today, I set a new entry Set up with a risk of 0.5R and plan to increase my position risk-free.
The latest entry settings are:
- risking 0.5% on entry 1：413xx
-SL: 380xx
- TP: 48xxx

This order has not entered the market yet. If the market gives me the opportunity to step back and enter the market, I will re-increase the position by 0.5R and it will still be risk free. Because the 0.5R loss after the stop loss of this position has been included in the profit of my order.

This is the risk management that DX trading follows, a practical example I think easily illustrates it all, if you have any questions, please feel free to comment and ask. Similarly, I hope you can follow my channel if you want to know more about my position opening logic and actual trading.

Next issue preview: #altcoins recent opportunities, #link #solana setup sharing. $BTC

Risk Management Examples - Know Your Risks (Part 2)

Why don't we use the entire portfolio?

Risk management helps reduce losses. It also helps protect traders’ accounts from losing all their funds. This is a prerequisite for success but is often overlooked. People who often lose their positions often say that contract trading is like a casino, but for me, if I control my risks well, my positions will always exist. The most important of these is - don't use your entire portfolio. Day traders should follow the so-called one percent rule, which states that you should not put more than 5% of your trading account into trades. So, if you have $10,000 in your trading account, your position on any given instrument should not exceed $500. When the trading loss reaches this level, you should stop the loss decisively. Ed Seykota said: There are three rules to follow for successful trading. Each rule is "stop loss" and never risk losing more than 1% of your portfolio on any single trade. In this way, you can suffer a series of losses.

A 10% drawdown in a trading account can be overcome with a profitable trading strategy. But the larger the retracement, the more difficult it will be to rebound. If you lose 10% of your capital, you only need to gain 11.1% to break even. But if you lose 50%, you need to double your money to get back to equilibrium.

Does it look foggy? Next, DX will use its own example to explain everything above.

This is a BTC/USDT perpetual contract transaction that DX just made recently. You can see that some positions are still open. The total risk of the transaction is related to the size of your position. The total capital of the account is 50,000 US dollars, and the total position should not exceed 5%. For this single BTC/USDT perpetual contract transaction, the risk of DX is controlled at 1%. That's $500. In PA, 1% risk is usually called 1R (1% Risk).
…

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#热门话题 #fomc #JUP

Examples of Risk Management - Know Your Risks (Part 1)

Main points
- Unfortunately, losses are an inherent part of trading.
- The key to avoiding trading risks is to minimize losses.
- Risk management in trading begins with formulating a trading strategy that takes into account profit and loss percentages and profit and loss averages.
- Follow a rational trading strategy and avoid emotional influence.

I've been thinking about what the first chapter of the introductory tutorial should be about. Generally speaking, learning risk control must be the first step to start "long-term profitable trading". Therefore, this article will take this as its title and use DX's recent order opening example to tell everyone what contract trading is as much as possible. risk control.

There is no way to avoid risk in trading. Every deal could fail, at least in theory. In fact, a successful trader may lose more times in trading than make money, but in the long run, if the profit scale of winning trades far exceeds the losses of losing trades, then he is still a qualified trader. This may be confusing for novices. Why does it seem like you can keep growing your account even if you lose a lot of money? Let us introduce a concept: profit-loss ratio.

The first key to trading risk management is to determine the profit-loss ratio of the trading strategy. This is easy to understand. When your profit-loss ratio is 3:1, it means that one winning transaction of yours will be able to cover 3 consecutive losses. When traders increase the proportion of profitable transactions through continuous learning, they can achieve positive account growth.
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Space is limited, please visit the homepage to view the content of the next issue

#BTC!💰 #TradeNTell #内容挖矿