What are left-side trading and right-side trading? Many brothers are still confused. I will explain it to you in simple words:
Left-side trading is a kind of reverse trading thinking. In the process of price decline, it is predicted in advance that the price is close to the bottom. Before the price really bottoms out and rebounds, the order is placed in advance to gamble.
For example, a coin starts to fall from 100 yuan. When it falls to 70 yuan, the left-side trader believes that the position is cheap enough or will stabilize at this position based on his own analysis (such as through his own technical indicators, etc.), and bets that it will not fall below 70. The risk is that the price may continue to fall to 60 yuan.
On the contrary, in the process of price rise, it is judged in advance that the price is about to reach the top, and the order is placed in advance to sell, even if the price may still hit a new high.
The risk is that the predicted top and bottom may not be the top and bottom, and there will be a risk of being trapped, so the contract recommends that everyone light position!

Right-side trading is a trend-following transaction. Buy only after the price shows a clear upward trend. For example, when the price of a coin rises from the bottom, breaks through an important resistance level, and has a trend of continuing to rise, the right-side trader will enter the market at this time. During the price decline, wait until the price falls below the important support level and confirms the downward trend before selling.
When a coin starts to rise from 50 yuan, when it effectively breaks through the 80 yuan support level, right-side traders will choose to buy. The reason for buying is that it breaks through the pressure level and the upward trend is formed. At this time, buying is following the trend, which is also a right-side transaction!

These two trading strategies have their own advantages and disadvantages. Left-side trading may obtain lower costs, but bear the risk of continued price decline.
Right-side trading is operated after the trend is clear, and the success rate may be higher, but the purchase cost may be higher than that of left-side trading. It is also possible that the price will not rise soon after buying because it has reached the pressure level.

Brothers who like left-side trading are advised to lighten their positions. Even if they are trapped, they can make up for it at the right position to lower the average price and a rebound can make up for it!
Right-side trading can appropriately increase positions, especially for contract players. There is already a stop loss position when entering the right side. If you should set a stop loss, do a good job of stop loss! #BTC☀