The Most Stable Trading Strategy for Contracts: Techniques for Making Money with Perpetual Contracts
1. The Most Stable Trading Strategy in Cryptocurrency
Choose the right coins and be a good person. As a leveraged trader, volatility can be magnified by the leverage factor. The primary consideration during trading is not volatility, but certainty.
In a bullish market, go long on strong coins; conversely, in a bearish market, short the weakest coins.
For example, at the start of a new quarter, the strongest performers are eos and eth. When there's a pullback, these two coins are the first choices for going long; during a downturn, shorting Bitcoin is the first choice. Even if the final result shows that mainstream coins drop more than Bitcoin, only shorting or chasing a short position on Bitcoin can greatly reduce the risk of violent rebounds.
Most traders in the crypto space are short-term traders, making it difficult to hold onto ideal exit points during trades. They are also not very skilled at position control and cannot rely on oscillation to average down their positions. Given this situation, for most traders, a good entry price is worth more than anything else.
Once there is a profit, take some off the table to secure gains, and set a stop-loss at the cost price for the remaining portion.