The decline on Monday today directly wiped out last week's gains. If you didn't take profit at a high position over the weekend, then your profit will be very painful today.
The vast majority of 90% of large or retail contracts are intraday or sleeping strategies (holding positions for no more than 3 days). For example, those contracts that can be held for a week or half a month are 100% trapped by holding orders, not profitable.
You must have your own cognition and trading system. The most important thing is to make money in the market. You should make the same stop-profit point for the market, instead of saying that it will rise to 70,000 when you get on the bus, and say that it will fall to 48,000 when it falls. If you think like this, you will lose everything.
Key point: There must be a stop-profit point and a stop-loss point for contracts. Those who tell you the idea can only be used as a reference, because you don't know when he will take profit and run away, and you don't know when he will take a small loss or firmly stop loss and exit. Many people would rather lose tens of thousands or even hundreds of thousands of dollars and still be so confident that they can carry the orders all the way because they have a lot of margin, and they can win once or twice. However, if you don’t have the risk control awareness, once you develop a habit, it will be a big hidden danger in trading.#BTC#翻仓