Nine Contract Trading Tips, Each One is Experience and Practical Knowledge; Learning to Turn Things Around Quickly is Not a Dream!

Started trading contracts in 2017, not too long, the journey of trading cryptocurrencies can be described as a novel story! After repeated summarization, I have compiled nine practical tips to share with all contract trading friends.

1. If your initial capital is not very large, such as within 100,000, capturing a major market fluctuation once a day is already sufficient; do not be greedy and always hold positions!

2. When encountering significant positive news, if you do not sell on the same day, remember to sell on the next day when the market opens high; the realization of good news often turns into bad news.

3. News and holidays are also very important; when encountering significant events, adjustments (reducing positions or even going to cash) should be made in advance. Historically, significant events will lead to major market fluctuations; if you cannot predict the direction in advance, then wait for the market to arrive and follow the trend!

4. The strategy for medium to long-term trading must involve light positions to leave enough operational space; stable operations are the best strategy, and do not operate with heavy positions!

5. Short-term trading focuses on following the trend, entering and exiting quickly; it is taboo to be greedy and hesitant. In the case of large market fluctuations, look for suitable entry points, and if the market is not active, patiently wait in cash.

6. If the market fluctuates slowly, rebounds will naturally be very slow; if the market fluctuates quickly, then the corresponding pullbacks will also be rapid!

7. If you enter at the wrong position or direction, then timely stop-loss (do not hesitate to hold the position); stopping loss is a way of securing profits; preserving capital is fundamental to surviving in the market.

8. For short-term trading, always look at the 15-minute candlestick chart; using the KDJ indicator can help capture suitable entry points better.

9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is still the mindset. A person's mindset is crucial; the crypto world can easily make you feel the ups and downs, so adjust your mindset well and do not be greedy. #加密市场回调 #btc