It's been a long time since I liquidated my position. Just share a few personal thoughts:
A leverage control. In the past two months or so, I haven’t opened a contract more than 3 times, and the leverage ratio of the cross position has been kept below 2. You can flip through my recent orders, even if the profit is more than 100%, the contract The multiple is also 3.
The second is to avoid some particularly crazy coins, such as 50% crazy coins in an hour. If I don’t intervene in advance, then I won’t chase them in and do long when they explode, and I won’t touch the headspace against the trend. What is already gone is something that does not belong to me. If I even take another look at it, I will lose.
The third is total loss control. If a single loss reaches 10% of the total funds or 20% of the position, the position will be closed immediately and the order will never be held. This is the last line of defense against liquidation.
