Four principles of fund management:

1. Stop loss must be set after opening an order. Stop loss must be set. You must develop a habit. Stop loss must be set after opening an order. Don't think you are hedging or have any fluke mentality. If you are still trapped or your position is still liquidated, you will be s sooner or later.

2. The stop loss amount for each trial order shall not exceed 2% of the total amount (depending on your own risk tolerance. I suggest setting it at 1% at the beginning. If you can make stable profits, you can set it to a certain amount based on your own risk).

3. Strictly stop loss. If the total fund loss is 30%, close the position immediately and exit unconditionally.

4. If you forget to stop loss, you must close the position immediately after discovering it. Never expect to close the position after a rebound or think about adding positions to spread the loss. Almost all big guys are s in this regard. You can survive 10 times, but if you can't survive once, the previous 9 times will be reset to zero.

5. Initial learning: It is not recommended to add positions, just open a fixed position each time.

As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency circle but don’t know how to start, you may wish to follow my homepage and discuss the mysteries of the cryptocurrency circle and future possibilities with me.

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