Position management advice for everyone now: for example, if you have
If you bring out 30,000 U to trade contracts, my suggestion is to divide it into 3 parts, each part 10,000 U. Each time you open a position, use one of the parts to open, fixed at 10,000 U, Bitcoin not exceeding 10x, altcoins not exceeding 5x. If you lose money, for example, lose 1000 U, you can take it from outside.
Add 1000 U. If you make 1000 U, you should withdraw 1000 U. Ensure that in the recent period you
Every time you open a position, ensure it is at a fixed position of 10,000 U. Until you use this method to reach 30,000 U.
If you earn 60,000 U, increase each of your positions to 20,000 U.
Doing it this way has the benefit that:
First point, split positions + low leverage to avoid exchanges.
Inserting a pin caused you to lose all your funds.
Second point, avoid problems like getting overly excited. If you get overly excited one day and lose everything, at most you will lose 1/3, and the remaining will give you a buffer opportunity.
Third point, maintain a fixed position. You can
Whether in loss or profit, you can also
Maintaining a relatively calm mindset can help stabilize your emotions.
My habit of opening positions is to go all in at once. For example, 1 contract of 10,000.
U, one market move per coin means going all in. Going all in means using 1/3 of the funds for split positions, 5x for altcoins, 10x for Bitcoin, entering and exiting fully like this. My entry is based on a more precise understanding of the opening points. If you are always using stop-losses and low leverage, it is impossible to get liquidated.
If your funds are tight or you are currently losing a lot or in debt, do not deposit too much money.
You can deposit 1000 or 2000 yuan and divide it into 3.
Take it slowly. It’s enough to not be greedy; 1000.
300 yuan for one contract, how much is that in this market?
Both are fine; this is an important one.
Regarding how to reduce losses, here are 3 points of advice:
First point, do not use high leverage. Altcoins over 5x, Bitcoin over 10x is considered high leverage. Using high leverage.
Leverage is always a one-way street.
Second point, do not take counter-trend positions. If it has gone up and you want to short, even if there are shorts available, you have to tell yourself that you cannot operate in this market. You would rather miss the whole round than try to touch the top or go against the trend.
Trend bottom fishing.
Third point, trading must be logical. Do not just look at the charts.