Top Five Self-Risk Management Tips for Cryptocurrency Secondary Market Traders
On the one hand, writing this post is to summarize and alert myself. On the other hand, I hope that sharing it can give some inspiration to many newcomers who have just joined.
The five major risk management are: fund management, position management, opportunity management, message management, and mentality management.
1. Fund management:
1. Fund allocation: leave yourself a way out
It is recommended that you use half of your available liquidity for trading and speculation, and keep half of the funds for real life. Stud will only turn you into a complete gambler. Affected by the gambler's psychology, all your transactions will become irrational.
The pennant has come out and turned to the upward channel. The key position is still 286. The upper boundary of the short-term 303 channel is not a big problem. You can draw a channel by yourself. When the lower boundary is smaller, if it falls into the channel, then chase the short.
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Bullish
#BCH The second spring is just around the corner
After breaking through the channel today, it has been quite stable. CPI will definitely follow the BTC up and down tonight. You can look for opportunities tomorrow. After standing above 286, you can pursue the long position. If you see between 326-330, if you can't break through, go short. .
The RWA track, which started to be hyped on June 25, fluctuated and rose for a week, and then fluctuated and corrected for a week. It has now risen to the fourth day in the third week. Next, it is likely that the triangle will converge, and then it will break through the channel and continue the rwa narrative and pull another wave, or the triangle will pull back to the bottom of the channel after it converges. The departure time is likely to be in the early morning of July 15th. stay tuned! Personally, I prefer the blue line trend.
After breaking through the channel today, it has been quite stable. CPI will definitely follow the BTC up and down tonight. You can look for opportunities tomorrow. After standing above 286, you can pursue the long position. If you see between 326-330, if you can't break through, go short. .
This strategy is still the same this week, 29500 and 31000 are both key positions
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7.3-7.9 Strategy:#BTC29500 is the key position
Unless it can quickly stabilize at 31,000+ next week, BTC will inevitably usher in a correction week. 29,500 is a key position. If it is stable, it will be ready to rush to 34,000. If it is not stable, it will pull back to 27,500.
Prediction one:
If you stand firm at 31000+, you have to rush to 34000. Even if you want to rush to 4w, you can't rush that fast. It will definitely take a long time to reach 34000. First, it will fluctuate between 29,500 and 31,000 for at least a week, which will be similar to the shock from March 20 to March 27. After gathering momentum for a week, it will break through 31,000 and rush to 34,000 next week.
Prediction two:
Otherwise, it will be a shock of 29,500-27,500. In extreme cases, the market will be close to 26,500 at most, but it will not fall back to 26,500 so soon after the market is closed.
Unless it can quickly stabilize at 31,000+ next week, BTC will inevitably usher in a correction week. 29,500 is a key position. If it is stable, it will be ready to rush to 34,000. If it is not stable, it will pull back to 27,500.
Prediction one:
If you stand firm at 31000+, you have to rush to 34000. Even if you want to rush to 4w, you can't rush that fast. It will definitely take a long time to reach 34000. First, it will fluctuate between 29,500 and 31,000 for at least a week, which will be similar to the shock from March 20 to March 27. After gathering momentum for a week, it will break through 31,000 and rush to 34,000 next week.
Prediction two:
Otherwise, it will be a shock of 29,500-27,500. In extreme cases, the market will be close to 26,500 at most, but it will not fall back to 26,500 so soon after the market is closed.
I went on a trip recently and didn’t look at the new market trends. I kept emptying out these copycats.
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Even if the market is not good, you can still make 10 times the profit
When the market is good, you can make a sure profit by buying spot stocks, but you can easily get thrown out when you open a contract.
When the market is bad, you can still make money by finding a position to open a short order. Of course, the risk will be greater, so be prepared to stop losses.
We have carefully selected 10 short-term tokens that are more likely to be profitable. If you open a 10x leverage, you can get 5 to 10 times the profit. Stop your losses and it's worth the risk.
Only open short orders, not long orders. When the point is reached, it will be empty. If the point is not reached, there will be no loss.
Why is it short? You will understand if you look at eth. Basically only BTC is rising, and there are very few other increases. I was originally bullish on BTC this week, but I didn’t find a good short selling point for BTC. After this week, starting next week, Until July 10th, the overall trend will start to decline again. It will slowly break through 3W+ after July 10th. The current funds are only enough for Bitcoin, and Eth has not kept up with Bitcoin, let alone other copycats. Such a weird pull will not last long.
Open a short position at 28499, stop loss at 28601, and see if it can break through 28500
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#BTC downward spike warning
It was expected that the weekly closing level last week and this week would be positive, but this week has just started, so it will still be inserted once between 25400-25700, and then the overall trend will be upward. It is not clear where exactly, but 28200-28500 is the weekly closing level. Line level resistance. It can reach 28,200, which is already a very good increase compared to the past month.
The performance next week depends on whether it can stabilize above 28,500 this week, so look forward to it. Personally, I think the next three weeks should be a negative closing period.
After inserting the needle downward, I will consider lowering the price a bit. I can't give you the specific point, but it will probably be 200 points above or below 25,500.
It was expected that the weekly closing level last week and this week would be positive, but this week has just started, so it will still be inserted once between 25400-25700, and then the overall trend will be upward. It is not clear where exactly, but 28200-28500 is the weekly closing level. Line level resistance. It can reach 28,200, which is already a very good increase compared to the past month.
The performance next week depends on whether it can stabilize above 28,500 this week, so look forward to it. Personally, I think the next three weeks should be a negative closing period.
After inserting the needle downward, I will consider lowering the price a bit. I can't give you the specific point, but it will probably be 200 points above or below 25,500.
My next operations are all based on this strategy. I will not trade until the point is reached, and I will go short when I reach the point. I will make a stop loss and take profit, or close the position on July 10.
Occasionally, I will send additional text messages when I see a coin that has a breakthrough or a fall, but there is currently no better one.
In fact, what I sent out just feels relatively appropriate, but it is certainly not all right. Many of the ones I did not send out also have stop-profit and stop-loss, but even if the stop-profit is only about 10% of the profit, there is no specific point. They are all done on the right side of the transaction. If you miss it, you miss it, and there is no point in sending it again. What can be sent out can be seen in advance at specific points.
No matter who you place an order with, or you trade on your own, you have to stop the loss well. What you do after the stop loss depends on your personal choice.
Small losses and small profits are the norm every day, and making money comes from the occasional big profits.
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Even if the market is not good, you can still make 10 times the profit
When the market is good, you can make a sure profit by buying spot stocks, but you can easily get thrown out when you open a contract.
When the market is bad, you can still make money by finding a position to open a short order. Of course, the risk will be greater, so be prepared to stop losses.
We have carefully selected 10 short-term tokens that are more likely to be profitable. If you open a 10x leverage, you can get 5 to 10 times the profit. Stop your losses and it's worth the risk.
Only open short orders, not long orders. When the point is reached, it will be empty. If the point is not reached, there will be no loss.
Even if the market is not good, you can still make 10 times the profit
When the market is good, you can make a sure profit by buying spot stocks, but you can easily get thrown out when you open a contract.
When the market is bad, you can still make money by finding a position to open a short order. Of course, the risk will be greater, so be prepared to stop losses.
We have carefully selected 10 short-term tokens that are more likely to be profitable. If you open a 10x leverage, you can get 5 to 10 times the profit. Stop your losses and it's worth the risk.
Only open short orders, not long orders. When the point is reached, it will be empty. If the point is not reached, there will be no loss.
#SUI It’s not that it’s hard enough, but that all copycats are equally hard. The strength of the rebound after hitting bottom or a new low is limited, but just in case, it’s better to set a stop loss of 0.79. At present, the K-line above 0.76 is all pinned up, and it is not stable at all. If it is above 0.76, don't hesitate and stop the loss quickly.
#TOMO 1.35 My contract has stopped the loss (the pin has stopped it), and the spot price has stopped the loss at 1.3. Next, we will see if we can stand above 1.4, and then chase after it, or fall back to 1.1 and stand firm before going up again.
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#TOMO is long and #SUI is short.
TOMO, Zhuang Qiang has been controlling the market for several months, but overall it does not follow the market.
Only go long, not short!
Point: 1.38-1.4 to do more
Stop loss: 1.3. After stop loss, continue to open long near 1.1, stop loss 1.
Take profit: 1.7 takes half of the profit, 1.88 takes the remaining half.
SUI: Only short, not long!
Point: 0.76 short
Stop loss: 0.79, continue to be short after stop loss 0.84, stop loss 0.86.
Take profit: 0.624 takes half of the profit, 0.5 takes the remaining half.
#SUI should have been received. Make a stop loss at 0.79. It may follow the rise of BTC and it will be 0.82 or 0.84 by then. When the price drops to around 0.71, the opening price will be used as a stop loss.
#TOMO does not follow the market. The purpose of placing some positions in advance is to prepare everyone and pay attention to the market. I will not trade until it reaches the range of 1.38-1.4. Be patient.
This kind of sudden pull-up of BTC without warning or logic is easy to happen on weekends. Without the pressure of market makers, small funds can pull up the amplitude of about 1,000 points.
Therefore, the risk of shorting the resistance line is much smaller than going long. If there is definitely resistance, then open a short position. If it does not reach the resistance line, then no order will be opened, and there will be no loss.
LIVE
币珍香
--
#TOMO is long and #SUI is short.
TOMO, Zhuang Qiang has been controlling the market for several months, but overall it does not follow the market.
Only go long, not short!
Point: 1.38-1.4 to do more
Stop loss: 1.3. After stop loss, continue to open long near 1.1, stop loss 1.
Take profit: 1.7 takes half of the profit, 1.88 takes the remaining half.
SUI: Only short, not long!
Point: 0.76 short
Stop loss: 0.79, continue to be short after stop loss 0.84, stop loss 0.86.
Take profit: 0.624 takes half of the profit, 0.5 takes the remaining half.