Come to Binance Square to play, Liebi Research Institute, and hunt for the best tokens in the market.
Remember the four basic elements of trading: varieties, positions, entry, and exit.
Varieties: Determine the varieties before trading, and do a thorough research and analysis of the tokens to be traded;
Positions: Develop a good trading strategy, and the last position that matches your trading system. If it is too small, it will not meet the profit requirements, and if it is too large, the mentality will fluctuate too much;
Entry: The entry point is basically equal to the stop loss point (the stop loss point is a little below the entry point), and the entry point needs to be patiently waited;
Exit: If you follow the trend as expected, wait for the high point to appear. If it is contrary to your expectations, make a good stop loss. After the stop loss, you can continue to observe and wait for the second entry opportunity.