Let's talk briefly about the weekend.
BTC hit the 60,000 mark again in the early trading, and is currently retreating to the 59,000 line;
It is inevitable to reduce positions when doing swing trading, there is no doubt about this.
After reducing positions, continue to set the loss to protect the principal and do not set the stop profit game. This operation will never go wrong.
Don't start the pattern as soon as the market rises. The current market is a swing market.
The position allocation continues: 60-70% is allocated to long-term positions; 20-30% is for medium-term swings, and 10% is made at will during the day!
As long as the position allocation is good and the batch control is good, then when the signal of the stage appears, it is time to take action. Stop profit and stop loss should not be vague. Trading is not a joke. Every operation is a real investment of money and silver, so you must always have awe of the secondary market!
The layout on Friday is to reduce positions on weekends and on Mondays. Don't hold on to it and ride the roller coaster frequently; roll up the positions in batches, so that you can be a qualified swing trader!