Why do you always lose money in trading? Have you seriously thought about this question?
The main reason for the losses of most people in the crypto world is unregulated high-leverage trading.
What are rules? A closed-loop rule is a trading system.
For example:
Which time frame to operate on, does it fit your personality and schedule?
How to determine the direction?
What are the entry conditions?
What leverage to use?
Should you buy all at once or in batches?
Can the leverage you use withstand the fluctuations during the operation period?
Where to set the stop-loss?
If you are stopped out after buying, what percentage of total funds does the loss constitute, and how many consecutive losses can your total funds withstand? And so on.
If you don’t understand anything,
then you can only enter the feeding mode: provide entry points, profit-taking points, stop-loss points.
Strictly follow the strategy to open positions; only then will you profit in the long run, and your losses are of no benefit to me.
Just like this fan below,
In mid-November, I advised him to position for a long-term XRP, the entry point was around 0.8, and the current highest price is 2.49, achieving a 207% increase. This has also directly multiplied his position by 7-8 times.
For friends who are currently confused in trading, comment 111, to help you get rich.
$XRP $DOGE
