Ignoring positions, stop-profits, stop-losses, and deposits and withdrawals based on the contract win rate is just cheating. In other words, even if your win rate is 99%, you may not necessarily make money, and conversely, even if your win rate is 20%, you may not necessarily lose money.

For example, in this wave of crash, you shorted from 70,000 to 50,000, with a 100% winning rate. Then your positions were basically the same every time. Your principal increased from 10,000 to 100,000, a 10-fold increase.

If you have increased your position 10 times at this time and you cash out, then congratulations, you have really made a profit, but what about the vast majority?

Most people are greedy and want to double their 100,000 U to 1,000,000 U. However, Bitcoin did not do as you wish but rebounded from 50,000 U to 60,000 US dollars. You had no choice but to short it at 50,000 again, and then increase your position to go all-in at 55,000. Finally, you had no room to cover your position, and when it rose to 62,000, it exploded. Not only did you lose all your profits, but you also lost your principal.

Then you made a profit on 9 orders in this wave of operations, but you went all-in on the last order, adding to your floating losses and shorting at the bottom against the trend. In the end, your winning rate was 99%, but your principal was reduced to zero.

Also, the stop loss and take profit are not fixed every time. The reason why the market is so confusing is that it is volatile and uncertain. So is it possible that the stop loss and take profit of Bitcoin or Ethereum are fixed every time? If they are fixed every time, does it mean that the market rises by 5,000 US dollars, but you can only fix it, so you take 500 US dollars and run away? This depends entirely on the position and time of the market. For example, there may be little volatility on weekends, so it is understandable that your Bitcoin takes a 500 US dollar increase or decrease. If the extreme market direction is wrong, strictly stop loss, and if it is right, set a take profit in advance according to your expected point in the general direction.

So you see that many orders only have points but no positions, which is almost the same as not placing any orders. Our leverage is 100 times, and the margin fluctuates by 2% to 6% depending on the strategy and expectations. Those with a small stop loss generally have a larger position. If you are doing medium and long-term orders based on large-scale daily and weekly lines, then the two entry points or take-profit and stop-loss are very broad.

Summary: What I have talked about here is just the basics. Position is more important than winning rate. Direction only determines your short-term prediction. The ultimate is the emotional aspect mentioned in my original five-sided rule (I can publish a book about this). This is also the ultimate stage of trading. When you really understand the five-sided rule, you will truly become a trading master. #BTC #翻仓