500u challenge 20,000u has been successful! 10,000u has been withdrawn!
Share my trading strategy:
In two weeks, I made about 20,000u from 500u. I didn't go all-in. I currently hold the bottom position and use the floating profit to open a position and stop profit.
I only go long and only open orders when the waterfall is inserted. Insert a pin once, pick the bottom once, and sell it as soon as it rebounds to prevent missing out and being trapped, and continue to lower the average price. Learn this strategy, you will be able to surpass 90% of traders in the market!
In a bull market, the spot fluctuates up and down 15-30 points, and you must seize the opportunity. I mean the spot fluctuation, not the contract. The contract is magnified. You must be good at mathematics and learn to calculate.
Don't pick the bottom when the altcoin drops one or two points, otherwise it is easy to be trapped. When picking the bottom of the altcoin, you should pick the bottom in batches within a drop of 10-30 points according to the current market conditions and K-line trends. If the price is still falling after bottom-fishing, stop loss when it is necessary.
In the secondary market, the daily line can pull up 20-50 points a day according to the market conditions of the day. After pulling up, if it fluctuates at a high level, consider shorting, don't chase shorts.
When it fluctuates or falls, don't operate frequently. After the waterfall goes down, it is rare to pull back all at once. It usually fluctuates and adjusts to rise, and then pulls up again. At this time, if there is a large position of bottom-fishing being trapped, you can reduce the position in the short term to get rid of the trap.
Buy a small amount or don't buy when it falls, buy when it is inserted, and enlarge the stop loss (especially for contracts).
The profit range of short-term spot is 5-30 points, and the medium and long-term is in the range of 50 points-200 points. Don't worry about profit taking, hold it. If you play contracts, remember to stop profit a little every day. Spot does not move.
I don't often do spot bands, and occasionally play contracts. If a contract is opened, I will remind you of the boarding position, but it depends on yourself to get off. Few people can sell to the top.
In short, when I play contracts, I always take profits in batches with 20-50 times leverage, ranging from 5 points to double. I use 20 times for altcoins with large fluctuations, and 50 times for smaller mainstream coins. The position is controlled at 10%.
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