Explanation of terms:
* Opening a position: buy a little first
* Adding a position: buy a little when the price goes up
* Covering a position: buy a little when the price goes down
* Reducing a position: sell a little
* Full position: buy all the money in hand
* Heavy position: buy a lot, don’t have much money in hand
* Half position: still have half of the money in hand
* Light position: not a lot when buying, still have a lot of money in hand
* Explosion: all the money is gone*
Stop profit: sell when you make money
* Stop loss: sell when you lose money
* Long: borrow money to buy when you are optimistic about the future market
No need to waste energy🐍 qu;+魏;LSTT0112
* Chasing the rise: buy when you see the coin keeps rising
* Killing the fall: sell quickly when the coin falls too much
* Short: keeps rising, but you don’t get on the train