See original
12.25 Equivalent Position Switching for Trading Varieties
For example, we just made a profit by going long on Ethereum, then closed 25% of the profitable position, and then increased our position by going long on PEPE. The stop loss for going long on PEPE is the profit from just closing the Ethereum position, along with the profit from the current Ethereum take profit stop loss.
Because when certain conditions are met, it is highly unlikely that it will drop below a certain position, and if you want to maximize profits while having a variety with a favorable risk-reward ratio, you can take partial profits from the previously profitable variety to serve as a defense for the other variety.
Note: The other variety needs to meet two conditions
1. Currently at a key level with a small stop loss
2. The other variety is in the same direction as the profitable variety
#加密市场反弹 $ETH
For example, we just made a profit by going long on Ethereum, then closed 25% of the profitable position, and then increased our position by going long on PEPE. The stop loss for going long on PEPE is the profit from just closing the Ethereum position, along with the profit from the current Ethereum take profit stop loss.
Because when certain conditions are met, it is highly unlikely that it will drop below a certain position, and if you want to maximize profits while having a variety with a favorable risk-reward ratio, you can take partial profits from the previously profitable variety to serve as a defense for the other variety.
Note: The other variety needs to meet two conditions
1. Currently at a key level with a small stop loss
2. The other variety is in the same direction as the profitable variety
#加密市场反弹 $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,471.7
+2.46%
Replies 0