I am sharing my personal operating strategies selflessly. If you find them useful, please give me a thumbs up!
If you want to make a profit from contracts, it is recommended to use the following two strategies:
Intraday short-term orders + long-term trend orders.
Intraday short-term orders are used for swing operations in volatile markets. Can you compare them with the swing operations I have shown you in the past two weeks?
The essence is to sell high and buy low within the range to achieve continuous compound interest and mainly make small profits.
The main purpose of long-term trend orders is to make big profits. In a market like this, the minimum profit is 10,000 points.
[Sharing of practical strategies for day trading]
1. Short-term operation following the trend
1. Adjust intraday short positions to operate at 50% of the total position!
Short positions have high uncertainty; if they are still treated the same as long trend positions using full positions.
Then it is easy to achieve long position profits of 8000/10,000 points, while short positions may quickly incur losses if frequently stopped out, losing back several trades.
So here consider adjusting the short position to 50% of the total position.
2. Try to avoid opening short positions over the weekend.
Liquidity is poor over the weekend, making it easy for major players to manipulate the market, causing both long and short positions to explode!
3. Try to avoid night positions.
Later adjusted to: Night positions should only be conditional orders, not market orders!
Even if there are floating losses during the day, you should set a break-even take profit before going to sleep.
Do not aim for profit.
4. The direction of opening positions should follow the direction of Bitcoin.
For example, if you short Ethereum, you must ensure that Bitcoin's trend is the same as Ethereum's, both forming a downward trend.
Only then can you open a position! If one is rising and the other is falling, even if the trend looks good, you must restrain yourself from opening a position!
5. Limit daily stop losses to two trades, with total stop losses not exceeding 5% of the principal (originally planned for 10%, adjusted to 5%).
That is, the single trade stop loss is 2.5% of the principal, with a maximum daily stop loss of 2 trades.
Once reached, no new positions should be opened that day!
【Long Position Trend Layout】
1. Try to avoid opening counter-trend positions with conditional orders.
Counter-trend conditional orders mean that the trend has not yet formed, and placing orders is just blindly hitting the top/bottom.
The win rate is not high, and profits can easily be given back. Even if you want to trade, the stop loss should not reach two trades.
Once reached, stop placing long positions and wait for the trend to form.
2. How to determine that a trend position has formed.
Try to look at the daily chart to confirm whether a trend is forming at the second consecutive movement.
If there are two consecutive rises, then the long long layout can begin.
If there are two consecutive declines, then the long short layout can begin.
Of course, the specifics still need to be observed based on other subtle cues.
