Managing profits and controlling risks can be said to be one of the most important compulsory courses for investors.
If you don’t know how to effectively control it, you can try the profit retracement principle:
1. Principal protection: When the profit of the currency purchased exceeds 10%, you should start to consider principal protection. If the price falls back to the purchase price, sell it immediately to ensure at least principal protection.
2. Minimum profit standard: If the profit reaches about 20%, set a minimum selling standard, that is, at least maintain a profit of 10%. Doing so can guarantee profits to a certain extent, while leaving room for yourself to gain higher returns.
3. Profit retracement strategy: When the profit reaches 30%, you can set a profit retracement point, for example, when the profit drops from 30% to 15%, you can sell unconditionally at this time. This strategy helps to lock in part of the profit while ensuring a certain flexibility in market fluctuations.
Click on the avatar to follow me, share the bull market strategy layout for free, various contract spot point references, be my fan, take you ashore, you just lie down. #美联储利率决策即将公布 #第55期新币挖矿IO #币安用户数突破2亿 #非农就业人数高于预期 $BTC $BNB