15 must-read positions management tips for beginners.
1. Light position - the funds purchased account for a small proportion of the total funds
2. Heavy position - the funds purchased account for a large proportion of the total funds
3. Half position - the funds for the currency purchased account for half of the total funds.
4. Clear the position - stop playing, sell all the coins, and prepare to wait and see with a short position.
5. Take profit - after obtaining a certain amount of profit, sell all virtual currencies
to maintain profits
6. Stop loss - after the loss reaches a certain level, sell the virtual currency held to prevent the loss from progressing and further expand the sideways market.
7. Sideways trading - the market fluctuates little, and the rise and fall are all around a range.
8. Full position - all the account funds are bought into coins. The often referred to as "stud" is full position.
9. Covering your position - For example, if you hold BTC, and then BTC falls, you buy another part of BTC in order to spread the cost.
10. Increase your position - you hold BTC, are optimistic about the development of BTC, and then buy some more BTC on the way up.
11. Building a position - also called opening a position. Refers to the purchase of account funds into a certain amount of currency.
12. Reduce positions - Anticipating risks in the market outlook, sell part of the currency you hold.
13. Locking - refers to freezing a specific amount of cryptocurrency assets in an address or smart contract to prevent them from being transferred or traded within a specific period of time. Locking is usually done to achieve some specific goals or interests.
14. Short position - don't do it, just watch the show. This can be understood in the currency circle. The account only has USDT and no other currencies.