Revealing the essence of contract trading: the principles of opening and closing positions, accurately judging the direction and timing of entry

In the world of contract trading, mastering the principles of opening and closing positions, accurately judging the market direction, and accurately grasping the timing of entry are the skills that every trader dreams of. Today, let us unveil these mysteries together and explore the essence of contract trading in depth.

1. Accurately judge the market direction

To be invincible in contract trading, you must first learn to see the market direction. And finding support and pressure levels is a weapon to judge the market direction. Among them, EMA (moving average) is an indispensable helper for us. Through EMA, we can easily judge whether the current market is an airdrop market or a long market, providing a strong basis for our trading decisions.

2. Open positions cleverly and move forward steadily

Opening a position is the first step in contract trading and a crucial step. Taking Binance Perpetual Contract BTC as an example, when we find it difficult to break through at the 4-hour level and the pressure level is obviously suppressed, it is the best time to open a position. At this time, we can decisively open a position and set a reasonable stop loss point to ensure that our trading is safe. Remember, the profit-loss ratio must be high to make our trading more stable.

3. Close the position in a proper way and take the profit

Closing the position is the last link of contract trading and the key to determining our profit and loss. When closing the position, we must pay close attention to the small-level support level. Taking BTC as an example, when we find that the support level is broken at the 1-hour level, it is the best time to close the position. At this time, we can decisively close the position and take the profit. Remember, closing the position must be timely to avoid profit retracement.

4. Accurately grasp the entry time and seize the opportunity

The entry time is another key in contract trading. To accurately grasp the entry time, we must learn to look at the small-level trend. When the direction is determined at the large level, we can look for entry opportunities at the small level. For example, when we want to open a short position, we must pay close attention to the 1-minute, 5-minute, and 15-minute trends. Once we find that the trend is weakening and the rebound is weak, it is a great time for us to enter the market. At this time, we can decisively enter the market and seize the opportunity. For more first-hand information, click me!Free! #新币挖矿DOGS #MtGox钱包动态