Three trading principles to help you steadily increase value in the bull market!

1. Batch order strategy:

It is recommended that the amount of each order placed does not exceed 10% of the total position to avoid the high risks caused by heavy positions. This method can improve the earthquake resistance of the account when encountering extreme market conditions and maintain sufficient funds to cope with possible market fluctuations.

2. Profit sheet management:

When a transaction order makes a profit, the position should be gradually reduced. For example, when the profit reaches 100%, 50% of the position can be closed first, and the remaining 50% can be used to continue to pursue higher profits. At the same time, adjust the stop loss point to near the opening price to ensure that the transaction can still remain profitable even if the market reverses.

3. Response to loss orders:

If the loss of a transaction order reaches about 70%, this usually means that the market direction judgment may be wrong. If you still believe that the market may rebound, you can try to open a position in the opposite direction. If the reverse order is profitable, you should gradually close the position and retain part of the position to observe market dynamics. If the market continues to fall to the reverse order point, the reverse order will be closed and 25% of the original loss order will be reduced first. If the loss further expands, hold until you make a profit and then reduce the position by 25%, and set the stop loss near the opening price. If the loss order finally achieves profit, you can choose to close the position in whole or in part according to market conditions.

Choice is greater than hard work, and the circle determines destiny. In addition to having a sharp eye to save time and assess the situation in the currency circle, you also need to keep up with a good team and a good leader. Follow me and you will have already won half the battle in the currency circle!