Seize this opportunity, get rid of these bad habits, and get your money back~
1. There are too many targets to choose from, and there is no volume, and you have to open multiple targets at one time.
2. Get used to carrying orders, open positions that are too large, and have to carry them hard.
3. It’s okay to carry orders, but you have to keep replenishing positions to try to lower the average price, especially when there is not much margin, the price of liquidation is getting higher and higher. Many people die in replenishing positions.
4. Learn to cover the bottom, not to buy the bottom, keep the bottom position, sell high and buy low to lower the price of chips. This way you will not miss the opportunity and have a certain amount of room for operation.
5. If you don’t like stop loss, try not to have a liquidation price when opening a contract. In this way, there is enough room for operation after a big drop.
6. Don’t have a pattern, and take some of the profits for safety. This market will always have enough high-quality and low-priced chips to pick up.
7. Develop a good habit of placing orders. For any target you are optimistic about, set a long-term buy order at a position 20%-30% below the current price. Keep the mentality of buying lottery tickets.
8. No copycat has zero risk. There are various possibilities for thunderstorms (project parties, hackers, SEC, whale movements). Some spot transactions can make money, so learn to stop profit or withdraw costs.