How to play the cryptocurrency contract with the lowest risk and the safest?
In fact, there are only three ways:
1. Control the position!
2. Set stop loss!
3. The leverage should not exceed 10X.
If the leverage is 20X, it is easy to blow up the position with a 5% increase in a few minutes, and the blow up can easily affect the mood. Therefore, the leverage is within 10X, which is relatively safer. For currencies with large trading volume, generally speaking, the most violent one is to pull more than 10 points, which is very easy to stop loss and leave the market in time.
If the leverage is fixed, set a reasonable position. For example, 5% is an operation. Suppose you have 1000U and only use 50U to trade. In this way, you can blow up 20 times. As long as your skills are strong and your winning rate is not high, you can have 20 opportunities to make yourself rich. In fact, it is more than 20 times, because it is 5% of the total position, and the principal is decreasing. It is not fixed, so you can play for a long time.
Then set a fixed stop loss. For example, I set it to about 2.5%-3.5%. Generally, if it exceeds this range, the market will reverse, and then you have to stop loss and admit the loss.
As long as the above operations are strictly implemented, I think the risk of currency circle contracts is not great. More premise is that your technology is strong and the operation is well executed.
Some people think that it is too difficult to execute stop loss and they are reluctant to do it. Here, you should develop a habit. After placing an order, set a stop loss position after the order. Then, if the direction is right, the profit depends on your mood. The stop loss will be completed decently by the system.
Some people think that if your position is so small, it is better to play spot, or play other investments. It is so vulgar and not "grand and heroic"!
Obviously, the risk of currency circle is very large. There are two points to understand when setting the operation strategy:
1 The utilization rate of funds is large. If you operate 5% or even 10% of the position, you can operate multiple targets at the same time to balance the different cyclical trends, or the different profit levels.
2 Funds are used for compound interest, not for huge profits. Huge profits are not scientific in any investment venue. It depends on luck. I don't think I'm that lucky.
The above is the core risk control in Jiuge's currency circle operation strategy. I hope it will be useful for novices.
Currency selection is my strength
Contracts are my mastery
If you don't know what to choose at this stage
Then I'll wait for you in the basket