Day 32 10.11
Last night, the main play was a double kill of long and short. Starting at 8:30, the big cake first stabbed a big needle downwards, then continued to rise upwards, and then continued to fall according to the trend. Then at 11:30, it pulled back again, and then I drove bigtime crazy. It directly rose 10 points in one second. Stop loss was useless. It was directly blown up. I was speechless. I made a lot of money, but I lost it all when I looked back. This one-second rise and setting stop loss was useless. It was directly hammered. I don’t want to play this coin anymore. It has no one to play, so it is crazy to raise the price to attract people. This coin has been deleted.
Therefore, you must set a stop loss when opening a position. This is the first step and the most important one. I am afraid that it will be hit in one second. Last time, my position was hit in one second. Now I basically only open limit orders, and I can set a stop loss when opening a limit order.
Then a friend told me that his stop loss was hit. In fact, if you have a profit of about 50% or 60%, you can set a break-even loss first, that is, directly raise the stop loss to the opening price. Then, if you have a 100% return rate, you can set a stop loss of 30% profit. If you ask what to do if the callback hits the stop loss and goes up again, it depends on you. Either you make a little profit and run away, so that the risk is small. If you want to hold it all the time, you have to endure the loss. Either you open a new order, or make another order, with a small stop loss and a big profit.
Also, don’t add margin or keep raising the stop loss price when you see that you are about to hit the stop loss. It’s meaningless. If you play this way, you will lose money after five or six stop losses. It’s better to stop loss. I know everyone hates losses. Hey, it’s better to have a small loss than a big loss. It’s going in the opposite direction. You can wait for it to drop a little more and then take it back. Or you don’t need to hold a full position. First, enter 20%, and add to the position when it drops. Don’t add to it again when it drops again. Don’t add to it all the time. One or two times is enough. You should plan before you act.
Some newbies ask how to buy, why they always buy in the wrong direction, and the coins they buy are not good. I think it is like this, you just find one or two coins, find one or two relatively stable ones, don't buy the coins that are randomly inserted, and don't buy the ones that no one plays, and you must look at the big cake. When you see the big cake 4-hour pin rebound, it is time to go long quickly. If a newbie doesn't understand, don't buy blindly. You must understand the big cake, just look at its 4-hour pin rebound, and then you go long, basically there is no problem, don't go long without pins. All the altcoins follow the big cake. Anyway, if the big cake falls, they are all finished, and if the big cake rises, they all rise, so you play like this, look at the big cake, look at the coin you want to buy, when the big cake fell to 59,000 last night, it rebounded with a 4-hour pin, and you quickly opened a long position. At this time, you can take a look and hold it slowly.
Share a few coins now
Today's strategy: Long coins: $PEOPLE $popcat$tao
People is the people's currency. The US election will continue to push it up. It will be no problem to reach 1.5 next month. It is worth buying around 0.07.
Popcat is a bright spot among the new coins. It has already broken through the Fibonacci number of 1.2 and will hit 1.8 to 2 later.
Tao, the leader of AI, has adjusted in the past few days. Its daily and weekly trends are good and stable. I have been working on this coin recently. It should be no problem to hit 700 recently.
