I was shocked when I saw the screenshot of the order posted by this player!

BTC short selling profit -850%ETH short selling profit -360%…

Let’s take a look at this player’s first order!

$BTC 125 times short!

Opening price 27746U, latest price 29770! Yield -851%

He has been shorting this order since last month at 27,000. It is conceivable that when the BTC price was 31,800 a few days ago, the estimated rate of return was more than -1000%!

Next, let’s take a look at his other order!

$ETH 50 times short!

Opening price 1752U, latest price 1888, yield -360%

This is also the short position opened at the price of 1752 last month. During the peak period of the price a few days ago, the estimated loss rate reached 600%.

Although this player opened in the wrong direction, he was determined. When the two short orders were at high prices a few days ago, the total loss was at least -1600%, but he still insisted on holding the order. I have to admire him!

This self-help method is no less than a gamble. If you can handle it, the bicycle will become a motorcycle, but if you can't handle it, you will go bankrupt.

There are exceptions. If your position is not large, it is actually possible to carry the order. For example, we use 50U to play with 125 leverage. At this time, even if the carry order is -1000%, the overall loss is only 500U. In this case, carrying the order is possible, but if the position is large, please do not use such leverage, which is tantamount to committing suicide.

The floating profit strategy mentioned in our previous article can actually be used in this losing order, and the hedging strategy can also be used!

When we open a position at 27,000, we can short and long BTC at the same time. Many people must be asking what the point is? Isn’t it useless to short and long at the same time?

No!!

Just like this order, if 27000 is a double open, then at 30000, the long order will gain 900%. The short order is -900%. We will close the long order at 900% profit. At this time, although you still have a short order of -900%, this -900% is no loss for you, because the long order brings +900% profit.

One positive and one negative are equal. After closing +900%, find the point to add +900% profit to -900% short position, and the cost price can be pulled from 27000 to around 28500.

At this time, the market momentum is insufficient, the price will slowly fall, and then eat the profit of the retracement!

I am Chinese Dili, and I will work with you to create Web3.0#荣耀时刻 $SOL