If you don't know how to manage your positions when trading in cryptocurrencies, it's like driving a car without a brake system, and you may overturn at any time. Lao Jiu has been in the market for many years and has deeply experienced the undercurrents of the capital market. He still regards risk management and position management as the first factor and keeps it in mind. He has benefited a lot from this. Today I share it with you. If you can understand it and strictly implement it, you will become the most handsome guy in the village!
So, why do you need to control your positions? The reasons are obvious:
1. Effective position management is an important part of trading. Only with a stable operation strategy can you stay in the market for a long time. If you change your strategy at will, planting soybeans today, peanuts tomorrow, and pumpkins the day after tomorrow, how can you get a harvest?
2. The capital market is a Z market without gunpowder. The characteristic of the market is uncertainty, and reasonable position management can properly transfer and avoid sudden risks.
3. Position management skills are actually risk management. Without good risk management, your final profit will only belong to others, and you will still be lonely in the end!
4. The application of skills is also very simple:
Divide the total position into three, which can be evenly distributed or distributed in a pyramid shape. The complete operation is usually 2-3 times, each time using one-third of the total position. This can effectively control the risk to no more than 10% and increase the success rate.
Finally, Lao Jiu puts the graphic description at the end of the article for everyone to save and better understand. Combined with your own actual situation and the current market conditions, I believe it will be of great benefit. After all, reasonable position management is the key to long-term stable development. #美国7月非农就业增长放缓 #技术分析