It is not difficult to understand, but standing on the shore will not teach you how to swim. You can try it with a small amount of money. There is a difference between understanding and actual operation.
How much money should a novice use to start futures trading? 1,000 to 10,000 yuan, that's all you need. You need to pay tuition fees to trade in the market, and many people pay very expensive tuition fees. Most people use up all their money right away, and some even borrow money, and end up losing money and their wives run away. Use a small amount of money to accumulate experience, and then start adding capital when you can achieve stable profits. Otherwise, if you start with a large amount of money, even if you have accumulated experience, you will have no capital left, so what's the point?
If you can't make a stable profit in the end, you should quit early. After all, quitting is also a kind of stop loss, so as not to waste too much good time on this matter.
Direction is not important, do not predict the market. Some people think that if you do not predict how to trade, you must always choose a direction when entering the market. In fact, not predicting the market is not based on the right or wrong judgment, but on the value, which is the so-called profit and loss ratio.
The entry point should be at a high profit-loss ratio. If you are wrong, the loss will be small, and if you are right, the profit will be huge.
When hyenas and lions fight on the grassland, vultures will not judge who will win, nor will they stand on any side, but will wait for the result to come out before entering the field.
Taboos of cryptocurrency trading:
1. Do not set a stop loss when doing contracts.
2. Making money but not knowing how to stop profit and withdraw cash:
3. Make a profit in a big market and run away.
4. Carry orders against the trend;
5. When the market falls, I always think that I can grab a rebound or buy at the bottom when the market falls too much, but I end up being buried.
6. When the market is booming, I always want to short at the top
How many did you take?
Speculation is not about working harder and more successful. It is because of luck and the market. But if you have not practiced for the past five years, you will not be able to catch the market even if it is lucky. Speculation is very similar to studying. You study hard for ten years, just to finally fly to the sky and make a name for yourself. Let me use my trend + rolling method to explain how to make huge profits by breaking down the target!
There are two cores of patience in the trend play, patient waiting and patient holding. The emergence of a trend market must have a sideways K-line. Let's not talk about the distant ones, let's talk about the recent ones. Bitcoin has a sideways K-line at $30,000 and a sideways K-line at $40,000. Patiently wait for the appearance of these two signals and open a position. At this time, the stop loss for opening a position is easy to set, and it can be set five points below the low point. The stop loss should be set larger. Why? It's not easy to wait for such a signal. If you are afraid to shrink, it will be in vain if you miss it. At this time, you are willing to bear more losses.
Well, the base position has been built. If the market starts to rise as we expected, we should hold the position patiently. Don't let the price rise too much, or a callback will trick you out. In trend market, you must remember to hold the position patiently to get big profits. Don't play the trend as a short-term play. Most people will not make money from the dividends of this wave of rise. This is why many people still can't make money in the bull market. If you have 50,000 yuan of capital and get 3 times the profit in this wave of trend trading, that is 150,000 yuan. After this trend trading ends, invest in the next wave of trend trading. Use two patiences. In the next wave, you will get three times the profit again, that is 450,000 yuan. Keep repeating, and the next time will be more than one million yuan. In Bitcoin contracts, for a perfect operation of a trend market, three times is the minimum profit. Generally, it starts at five times, and it can be doubled five times under low times.
This is the correct way to play. Of course, I haven't explained it in detail enough. You still need to explore and practice many details by yourself. Otherwise, you will only know it with your eyes. Learn patience and discipline.
There is no shortage of opportunities in the market: don't rush to chase highs just because you missed the market, opportunities will always come again. Follow the trading plan: regardless of whether it goes up or down, always strictly implement the established strategy.
Accept long-term growth: Trading is a process of continuous learning and improvement, and it is impossible to get rich overnight.
Continue to learn and review successful and failed transactions: find out the advantages and disadvantages, and optimize your own methods!
