Play contracts, talk about some real strategies, don't get into those superficial things.

First, you need to look at the big direction. When it’s rising, chase the strong ones; when it’s falling, pick the weakest. You have to add your own selections and observe for a few days. Only trade the coins you are familiar with; the rise and fall of coins are pretty much the same, just the amplitude is different. In the crypto world, there are many short-term traders, but few can hold out for the ideal point. Position management is also confusing, and trading during volatility makes it even harder. So, starting well is better than anything else.

Once you make a profit, don’t be greedy; withdraw a portion first, and set a stop-loss at the cost price for the remaining. This is what I remind my group of every day. When trading contracts, you need to follow the big trend; otherwise, don’t move. How to enter the market? When a new trend emerges, or when it breaks after consolidating, or during a pullback after a rise or a rebound after a fall, these are all good opportunities.

Follow the trend, make a lot of money, don’t rush to exit, let the profits run for a while. If you entered a position correctly and made a good profit, you can add to your position. If the trend reverses, close your position quickly, don’t hesitate. Stop-losses need to be quick, don’t drag it out. Discipline, discipline, and more discipline; these three words must be engraved in your mind.

Don’t go all in; funds need to be allocated properly. For example, if you have 200,000, and can afford to lose 40,000 at most, then you should lose in several batches. I suggest three times: the first time 10,000, the second time 10,000, the third time 20,000, so there’s still a chance to recover.

Trends are easier to trade than volatility, but the challenge lies in holding the position. In an uptrend, a pullback is an opportunity to buy. Remember, probability is your friend. If you haven’t entered or have exited, don’t rush; wait for a pullback to the support area and then enter boldly.

Each stop-loss should not exceed 5% of the total funds, and profits should exceed 5%. Don’t trade frequently; trading all day long will eventually lead to losses. Once your mindset collapses, it’s easy to act chaotically.

The timing of entry is also very important; don’t act impulsively when you see good or bad news. At that time, the market is very chaotic, and if you're not careful, you might get caught off guard.

I like to enter the market after a big fluctuation, during the second bottom test or when the price is rising again; the risk is much lower then. Also, if the indicators are not in place, absolutely do not take action; wait until your psychological price level is reached before acting.

To sum up, protect your principal to turn the tables.