Let me share my own views on contracts. To put it bluntly, the cryptocurrency world is a kind of investment, and there will naturally be gains and losses. Contracts have high risks, but also high returns. How can we grasp them?
1. Risk control plan, it is recommended to hold a light position, which is less risky and can basically make a little money after a period of time.
The position remains unchanged for a month. Change it once a month, develop a habit, and you will naturally not be nervous when doing orders, and you can treat it with a normal mind, making it easier to make money. This can be truly called investment, otherwise it is still called speculation
2. No matter what order, you must bring the stop loss! Even if you have lost several times, you must bring the stop loss! ! !
In general, as long as our winning rate is greater than 50%, and then the stop loss is small and the stop profit is large, we will definitely make money.
Remember not to carry orders! ! !
Carrying orders will die! ! !
Generally, you can close 50% of your position with a profit rate of 50%-80% or double it, and continue to hold the rest, and then set the stop loss to the opening price!
I hope you don't operate too frequently. When placing an order, wait for a stable stop loss to be small. Even if you stop loss, you won't lose much!
Don't set the stop loss point to an integer. Add three or five points to prevent sweep losses.
Finally, I'd like to give you a word. Become a trader and investor, develop habits, control your mentality, and slowly accumulate wealth in this trading market, instead of becoming a gambler, thinking about getting rich overnight. When you put all your hopes on one thing, you have already lost.