In Bitcoin contract trading, there are left-side trading and right-side trading. How to distinguish? For example, when the market is close to the bottom or top, aggressive traders will open or close positions in advance, which is the left-side thinking. And prudent investors will wait for clear signals before taking action, which is the right-side trading thinking. It sounds simple, but it is not easy to do. Accurate entry and exit is really not something that ordinary traders can do. The key is the position management for left-side and right-side trading.
Left-side traders need to be sensitive enough to the market and find the trend segment. But in reality, many left-side traders are blindly aggressive. Right-side traders are prudent investors, but there are very few real right-side traders. Left-side trading is like speculation, with high profits, high risks, and low probability of success. Once the operation is wrong, you will be stuck or miss the opportunity. Therefore, left-side traders must strictly control their positions, gradually buy in, and sell in batches. The key to right-side trading is "waiting", waiting for the trend to come. Left-side trading can avoid higher risks, so the position management requirements are not so strict, generally full position in, full position out. But right-side trading must be based on market prediction and personal risk tolerance, and set flexible stop loss positions.
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