A must-read for beginners. If you want free strategies, please contact me.

The principal is very important. You must set a stop loss. The principal is the lifeline of the transaction. Don't go all in! Don't go all in! Don't go all in! Now let's talk about the trading details. It is recommended to place an order of about 10% of the total position to avoid heavy positions. In this way, you will not lose all at once, and you can withstand ten times in extreme market conditions. Let's talk about profitable orders first. If the order is profitable, you can close the position gradually. For example, if it doubles, you can close 50% first, and then use the remaining 50% to gain higher returns. At the same time, set the stop loss value to near the opening price, so that even if it falls back later, the order is still profitable. Let's talk about losing orders. If the order loses about 70% (in fact, it is very likely that you misjudged the direction), but you think it can still fall back, buy an order in the opposite direction. If the opposite order is profitable, close the position gradually. Don't close all of them. If it falls to the point of the opposite order, close the opposite order. Close the losing order at 25% first. If it falls again, hold it until it makes a profit, and then close it at 25%. Set the stop loss price near the opening price. If the losing order later doubles its profit, you can close all or part of it depending on the situation. The last sentence, investment is risky. If you want to win money, be prepared to lose money. A good hunter must be good at waiting! #新人入坑 $BTC