Contract Position Management and Skills, Understand It, Turning Around in the Crypto World is Not a Dream!

1. Manage Your Positions Well

If your position is well controlled, you will have the opportunity to make steady profits. If your position is chaotic, it can be troublesome. For example, if you have 100,000 yuan, then each order should not exceed 10,000, which is about 1,000 coins, regardless of whether you are going long or short!

When making money, set the stop-loss at the opening price. Don't go in heavy just because you think the market is good, as that carries too much risk. If you are losing money, never increase your position against the trend, unless you have more money than you know what to do with.

2. How to Manage Positions

Position management is very important, and you should base it on your funds. For example, if you have 10,000 yuan in your account, the margin for each order should ideally not exceed 500 to 1,000 yuan, which is 50 to 100 hands. You can enter these 50 to 100 hands in several rounds at different prices.

3. What Are the Techniques for Adding Positions

When adding positions, if the leverage is the same, then add to the position with a ratio of 1:2:3. For example, the first order is 10 hands, the second order is 20 hands, and the third order is 30 hands. If you start with 20x leverage, then the second position should be 50x and the third should be 100x, but the total should not exceed one-third of your total position. By flexibly adjusting leverage and positions like this, you can quickly recover your capital or make a profit!

4. How to Use Leverage

Leverage should be based on market conditions. In a major market, use long-term positions with small leverage, which reduces risk. If you want to enter and exit quickly, use high leverage, but you should exit after making 30% to 50%, because the market changes too quickly, and you must respect the market and not be greedy.

Finally, I remind everyone that the crypto world carries high risks but also many opportunities. Before investing, you must understand the risks clearly, stay calm, and use a stable strategy to cope with market changes!

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