How to get out of the retail trader zone when trading contracts?
Actually, I also had a long period of losing money until I awakened. The key is to have your own trading system!
With 50-100x leverage, it ultimately calculates to about 40x full position. At that time, making money really feels good, but as soon as there is one liquidation, everything goes to zero.
Any contract that is ten times higher than the full position is retail trading. If the market maker wants you to get liquidated, you will get liquidated. The liquidation map is clearly written; where is the room for operation?
My win rate is actually very low, but I am still making money.
Just focus on three points for trading contracts: what does a low win rate matter? Build your own trading system. Position management, risk-reward ratio, find key positions.
Taking shorting Ethereum as an example, after finding the key position, look up 20-50 points as the stop-loss point and down 200-300 points as the take-profit point.
Alright, you don't need to watch the market anymore. Staring at the market is a retail trader's behavior. Once it hits the stop-loss point, just exit; no need to look again.
You really don't need to keep staring at the market. Trade less, only at key positions. Don't mainly focus on the win rate; focus primarily on the risk-reward ratio, and you will be fine.
I am Tang Spoon, continuing to update everything about the trading system.
I am not as noble as other bloggers, nor am I as hypocritical as them. I just want to simply be a KOL and gain some followers.
Because being a KOL in the crypto space can also be quite profitable. Follow me closely, and I will continue to accompany everyone. $ETH
Today, Ethereum dropped to 1380, allowing for partial profit-taking. The remaining portion will depend on future trends to see whether to continue shorting or gamble on a rebound. Let's wait and see.
Last night, I was woken up by my girlfriend to check the market, and I found that the Ethereum I had been holding in Ant Warehouse started to make a profit. I doubled my position, and this morning it indeed gave me a surprise.
This world is too crazy. I feel like an economic crisis is about to come 😹 The unpredictable grassroots team is affecting the whole world. Trump, don't just talk about bringing down Wall Street; he might bring down the entire world financial system.
Ethereum Plummets Waiting for the waterfall these past two days, I estimate it will drop on Monday, looking towards around 1600. For short-term trading, you can enter a short position now if the average price is above 1900. Later, we can bottom-fish for a rebound. Because looking at the daily and weekly charts, it has already broken key positions a few days ago. There is a high probability that this time is to wash out the weak hands. Next time, as an opportunity for an upgrade, it could stretch directly beyond 4000, with a chance to reach 6000. Of course, I fully support Ethereum with technical support; I think it could reach 10,000 this year. $ETH
I still think Ethereum should continue to rise. The current drop is a false breakout of the support level.
There was a significant drop around seven this morning, likely due to whales closing positions. I still believe it will go up, especially since I have long positions in hand.
Everyone should recharge their faith in a wave, don't just follow the crowd, think for yourself. Adults are responsible for their own decisions.
It's better to make money slowly than to gamble with high leverage. Set your stop-losses properly. Let's wait for Ethereum to take off together.
Put yourself in their shoes: if you were the main player, what would you do? Look at this liquidation map; where can the retail investors pick up easy money?
Still the same saying: Just do the opposite of what most people in the market think.
What bull market, going long instead of shorting is actually quite nonsense. Raising requires a lot of time and groundwork, but lowering happens in an instant.
Everything has a corresponding cost. If you bear the rewards of getting rich quickly, you also have to pay the corresponding risks and costs.
When trading contracts, don't use all your capital with high leverage; it's useless. It's just like gambling. It's better to go to Macau than to rely on this liquidation map.
Find the right position, set your stop-loss and go short. Use risk-reward ratios and good positions to beat everything. If your goal is a monthly return of 20%, such a trading system can definitely help you.
Don't listen to the blogger's nonsense. What's most popular is just the thoughts of retail investors; in a bull market, many people get liquidated with long positions.
Follow me, Spoon. I'm not noble or hypocritical, I simply want followers to make money as a KOL in the cryptocurrency circle. $ETH
The Darkness Before Dawn, Others Fear, I Am Greedy
Last night's locking strategy successfully saved a small life. When I saw the waterfall, I decisively discarded my long position and still made a profit of 3000U today.
I see Ethereum reaching 3400; this point is likely to rebound. The rebound won’t be strong, and around 3800, it will drop again. After the drop, it will truly take off.
For those who haven't boarded yet, it's best to hold your position and wait for the right moment. Set your stop-loss and prepare to buy Ethereum as it is about to take off. $ETH