My experience in position management:
1. For novices, it is best not to get involved in contract trading, because it requires more technology and risk control capabilities.
2. I suggest that spot accounts for 90%-95% of the position, and contracts only account for 5-10%; in my early trading, the contract position once reached 50%, but after four liquidations, I learned to adjust, and even for a period of time it was 100% spot.
3. For spot, it is best to adopt a strategy of building positions in batches, and you can buy the bottom several times to reduce costs and reduce the risk of a single investment.
4. If there is contract trading, the initial position plus the replenishment position should not exceed 10% of the total position, so as to control the risk of forced liquidation and protect the principal.
It is important to remember that when there is a floating loss, do not add positions, do not carry orders, and do not blindly chase ups and downs.
It is crucial to maintain a good mentality, only in this way can you focus on the market and make wise decisions.
It is crucial to keep awe of the market and manage positions reasonably!
Here, if you keep up, everything will be simple.
How to plan specifically, what varieties to plan, and how to maximize profits
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