Successfully challenged 500u to 20,000u! I have already withdrawn 10,000u!
Share my trading strategy,
In two weeks, I grew a 500u capital to about 2u
Without all-in, I currently also have a bottom position, floating profit opened and stopped profit.
Only going long, opening orders only during waterfall spikes, buying at the spike once, and selling on the rebound to prevent missing out, and if trapped, continue to lower the average price.
Once you learn it, you will sweep 90% of traders in the market!
In a bull market, fluctuations up and down 15-30 points, I mean the fluctuations in spot, not contracts; contracts are magnified. Be good at math, learn to calculate.
Do not try to bottom out when the market drops one, two, or three points, only to end up being caught with no spikes!
Bottom out at least 10-30 points drop based on the current market situation and K-line trend, and do it in batches. After bottoming out, if it continues to drop, stop loss must be executed! Don't short when others are pushing the price up, thinking it will drop significantly soon; do not look during slow upward pushes.
In the secondary market, daily, depending on the day's situation, can push up 20-50 points... After pushing up, consider shorting during high-level fluctuations, do not chase shorts.
During fluctuations or declines, do not operate frequently.
Similarly, after a waterfall drop, it cannot rebound immediately; it is rare. Only during fluctuations can it go higher for adjustments, push one wave, and finally have large bottoming positions. If trapped at this time, you can reduce positions to relieve the loss.
Buy small during slow declines or do not buy, buy during spikes, with enlarged stop loss (contracts).
Short-term spot percentage is in the range of 5-30 points.
Medium to long-term is in the range of 50-200 points.
Do not worry about profits being given back, just hold on.
If afraid, remember to take profits daily on contracts. Do not move spot.
I do not swing spot.
Occasionally play with contracts.
If contracts are opened, I will tell you the entry position; for exit, it depends on yourself, few people have the strength to sell at the top.
In short, for contracts, I basically take profits in batches at 20-50x, 5 points to double.
High volatility small coins 20x, mainstream small coins 50x.
10% position.
Calculate the ratio compared to spot.
If spot rises by 5%, 20x is double profit.
Playing contracts requires experience: daily high points, low points, how much it drops, how much it rises.
Do not casually buy the bottom or chase the high.
If you don't know how to play contracts, just buy spot and lie flat honestly.
Wishing everyone prosperity!