This list of manta is viewed by many people, so a review is necessary.
First of all, you have to admit when you are wrong, and you have to stand upright when you are beaten. This list is lost and there is no need to argue.
Then we review the order to see what the key points are and whether there are any problems with our operation.
The first is the basis for opening a position.
Looking at the picture below, we can observe that there is a support near 2.85, which is the green line in the picture. In addition, manta began to consolidate around 2.90 in the past two days, and the supply on the market has weakened. It is reasonable to guess that there may be a double bottom here, so I think this is a position worth opening a position to test long.
Second, evaluate whether to operate.
Simply pull the stop-profit and stop-loss levels. The stop loss is placed below the support line, 2.81; the take profit is temporarily placed at the previous pressure level, 3.3 or 3.5. The profit-loss ratio is calculated to be around 5, which is a position worth entering.
Third, assess the risk and estimate how many positions to take.
As mentioned yesterday, the main risk of this order is that manta is still in a downward trend. We enter the market on the left side and there is insufficient signal on the right side.
As mentioned before about the difference between the left and right sides, the advantage of placing orders on the left is that you can catch good points, but the biggest problem is that it is not reliable enough.
In view of the shortcoming that it is not stable enough, we need to work hard on the position, try it with only a small position, and wait for the signal on the right to add another position (the signal on the right in the picture can be an upward breakthrough white arrow).
My personal operating characteristics are that in this case, the capital used does not exceed 10% of the contract capital, and the leverage does not exceed 5. In this way, even if the loss is stopped, my contract capital loss does not exceed 2%. There will be some muscle pain, but not much.
Finally, look at the special situation plan.
If the stop loss is washed out, our last move is to observe whether there is a spring effect, that is, whether the price can quickly recover above 2.9 after falling below 2.81. If so, then we will consider this wave to shake the position and take the position back.
But it seems that there is none at the moment, so we go out and wait and see as planned. We don’t hold our orders firmly and we suspend long positions.
above.