$PEOPLE tells us how to add positions to contracts
I have been following this coin for a long time. I used to go long, but then I suddenly thought it had risen enough, so I went short. The result was that I kept stopping losses and kept blowing up my positions.
I reflected on it late. If I stick to one method and keep doing it according to this method, will it be better? Here are some of my reflections.
The first step Before buying, stick to one idea, go long or short, and don't repeat.
The second step is to add positions if it is right, and not to add positions if it is wrong, stop loss or resist, and wait for the market to reverse.
The third step is when to ship after adding positions. 1. Ship before the profit is eaten up, after all, the capital is saved. 2. You can clear the position when you achieve your goal. After all, fish meat is the most fragrant, and being too greedy will inevitably become poor.
In this way, 1. Entering the market with a full position leads to too much loss. 2. Making a mistake and adding positions leads to losses or even blowing up. 3. If you are lucky, you can catch ten times the coin.
Is this idea correct? Welcome to communicate with everyone.