#合约交易 Strategies and Techniques
As a cryptocurrency contract trader, the most important thing is to develop a clear trading strategy. Here are several practical strategies:
• Grid Trading: The grid trading strategy is very suitable for choppy markets. By setting price upper and lower limits and placing orders, you can automatically capture small fluctuations in profit, which is suitable for the current range-bound movement of Bitcoin. Traders can use 50x leverage to enter long positions at the lower limit of the grid and trigger take profit at the upper limit.
• Trend Following Strategy: When Bitcoin or Ethereum shows a significant trend, trading using a trend-following strategy can effectively increase the win rate. For Bitcoin, if the price breaks above the resistance level of £63,000, then consider going long, with the target set at the next significant resistance range of £65,000. Conversely, if it breaks below the support level of £60,000, then consider going short in the direction of the trend.
• Scalping: The scalping strategy is suitable for high-frequency trading, capturing tiny profit fluctuations through quick market entries and exits. In the current high-volatility market environment, scalping can help seize short-term opportunities.
• Martingale Strategy: This strategy is high-risk and high-reward but should be used cautiously. It is advisable to try it in extreme market conditions and to manage funds strictly. Based on setting a stop-loss, control the doubling of positions, and try to avoid excessive risk amplification.
The bull market has arrived, and I plan to allocate some tokens that are about to receive good news, while also looking for some coins with long-term potential to hold until the end of the year.
Friends with positions can check my updates to get my latest strategies and detailed points!
