Let me talk about my experience in position management:
1. Emphasize: It is best for novices not to engage in contract trading
2. It is recommended to keep spot at 90%-95% and contract at 5-10%; (I used 50% for early contracts, and after 4 liquidations, I learned my lesson and even used 100% spot for a long time)
3. For spot, it is recommended to build positions in batches, and you can buy the bottom several times to reduce costs
4. If you operate contracts, the initial position plus the replenishment position should not exceed 10% of the total position to control the risk of forced liquidation and protect the principal.
Remember not to add positions when there is a floating loss, do not carry orders, and do not blindly chase ups and downs. It is crucial to maintain a good mentality, only in this way can you treat the market without distraction. Always respect the market, position management is crucial!
