A long-term stable and profitable trading strategy must pay attention to risk control. Here are some key risk control methods: [Follow! Reference!] 💹💹💹
1⃣ Fund allocation: Divide the funds into 5 parts, and only use one of them for trading each time, and set a 10-point stop loss. In this way, even if you lose 5 times in a row, you will only lose 10% of the total funds.
2⃣ Go with the trend: In a downward trend, rebounds are usually a signal to lure more; in an upward trend, declines often bring gold buying opportunities.
3⃣ Avoid short-term skyrocketing coins: Coins with high stagnation usually fall, so you should avoid chasing highs.
4⃣ Use MACD indicators: The entry signal is that the DIF line and DEA form a golden cross below the 0 axis and break through the 0 axis; the signal for reducing positions is that MACD forms a dead cross above the 0 axis and runs downward.
5⃣ Position management: Do not cover positions when you lose money, but increase positions when you make a profit. Pay attention to the volume and price indicators. It is worth paying attention to when the price breaks through the low level with large volume; exit decisively when the price stagnates with large volume at high levels. Only invest in strong currencies that are in an upward trend.
6⃣ Weekly review: insist on weekly review and adjust trading strategies in time.
