There are only a few points you can grasp: position, order opening point, take profit and stop loss, leverage, profit and loss ratio. Before each order, ask yourself whether these things that need to be grasped are clear.
Position: Determine the position based on stop loss. Assuming your principal is 1 million, it is recommended that each stop loss should not exceed 2%. That is 20,000. Whether you open a full position or an isolated position, 100 times or 1 times leverage, remember the maximum acceptable stop loss. Use the stop-profit and stop-loss functions to calculate before opening. Only by being able to accept losses can you have the opportunity to make profits.
Opening point: support and resistance swap area, 0.618, common bullish and bearish patterns, trend lines, use these indicators to determine resistance and support
Stop-profit and stop-loss: Stop-loss must be set, and stop-profit can be achieved in batches or by gradually pushing stop-loss.
Leverage: If you remember the position principle, you can open a full position or an isolated position. It doesn't matter how many times you open it. It's up to you. It is recommended that mainstream coins be within 10 times and altcoins be within 5 times
Profit-and-loss ratio: The profit-and-loss ratio is the position of stop-profit and stop-loss. When opening an order, it should be at least 1:1.5. The higher the better. You can continue to make profits in the long run.
Notice: (1) Don’t hold orders. If you open a stop loss, this problem will not occur. Holding orders will often lead to liquidation. This is what the tuition I paid taught me. (2) The most difficult thing is to stop loss, because human psychology is risk averse, but you must do it (3) It is difficult to make a sudden fortune with one order, but it is more likely to be a sudden loss with one order #BTC
BNB short Reason: 510 is a strong resistance level, the test was blocked, the strong reason is that it started to fall sharply from 510, fell 7%, which is the starting point of the decline
Opening position: around 503
Stop loss: 511 Take profit: around 491, around 467
Reason: Trend line support, see if it can hold up and look up, use a very small stop loss, less than 300 points, small risk, big risk, see if it falls through #BTC
Opening price around 59200 Stop loss 58900 Take profit 61000
There is a type of teacher who always makes money, which is often seen in the square. To sum up, there are several distinguishing characteristics: (1) The leverage is extremely high, always 100 times+, and every order is “doubled” (2) Show what you make and never mention what you lose. (3) When opening a position, there is no reason and some magic points are given. (4) You can make money at any time and in any market situation# (5) Strong operational capabilities, with various groups, paid groups, VIP groups, and follow-up groups
If you really want to make money, you have to learn on your own instead of following this kind of Yongzheng teacher. Yongzhuan teachers will always make money because what they earn is your membership fee.
BTC view: bearish, but it is recommended to wait until the support area to see a rebound
Reason: It actually fell below the important support near 57700. Now the support becomes resistance, and the retracement resistance is rejected to go down
But it is not easy to open a short position at this position. The space is very small, because the support area below is 56600-56000. Wait until the support area to see how it reacts#BTC
Reasons: (1) 4-hour downward trend line suppression, just touching the trend line (2) Multiple support and resistance levels around 0.43 were blocked
(3) Falling below the upward trend line
Order opening position: 0.04267 Stop loss: 0.043 Take profit: 0.04225, 0.04183, 0.04039
Profit and loss ratio: 1:1.6-8
Every time this order reaches a take profit position, I will gradually push the stop loss. If this order is successful, we can see the previous bottom of #ETH #BTC
Reason: 4-hour K-line breaks the rising structure and retreats to the middle axis of the consolidation zone. Around 59,800 is the support and resistance zone for many previous rises
Retracement to 59,800 is sure to have resistance, looking down to the bottom of the box
Entry point: around 59,600 Take profit: 57,800 Stop loss: 60400#BTC☀ #btc
Positions are controlled by yourself, and it is recommended that the stop loss ratio should not exceed 2% of the principal
Today, I have two short orders, BTC and ETH, both have reached the take-profit position. I have already taken profit and will no longer track this transaction#
When the RSI value is above 70, the market is considered to be in an overbought state, which means that the selling pressure in the market will increase and the price may fall.
On the contrary, when the RSI value is below 30, the market is considered to be in an oversold state, which means that the buying pressure in the market will increase and the price may rise.