Event Contract Profit Rules
1. Use zero-resettable funds to participate in event contracts
Example: If your account has 1000 USDT, take 10% of the funds, 100 USDT, as the starting capital for the event contract!
If the account balance is greater than 5000 USDT, then use 5% of the account funds as the starting capital for the event contract, and so on!
2. Position Size Configuration:
Each trade amount is 10% of the principal, if the starting funds are 100 USDT, then each trade is 10 USDT.
3. Set daily stop-loss/profit-taking:
If the daily stop-loss reaches 30%, then immediately stop opening new trades, and do not trade for the rest of the day; this is a hard rule, must be followed, otherwise, it will lead to liquidation!
Take profit: When the account profit reaches over 50%, take 30% to gamble, if the gamble fails, do not open new trades for the day!
4. Set daily targets
Generally, aim for a 1x target; if achieved, immediately stop trading, only allowing a 10% profit retracement.
5. Trading Strategy: Five Level Battle Method
Use rolling positions, specifics are as follows:
First Level: 10 USDT, profit 8 USDT
Second Level: 18 USDT, profit 14 USDT
Third Level: 32 USDT, profit 26 USDT
Fourth Level: Gamble with half the profit, 24 USDT, profit 20 USDT
Fifth Level: Gamble with half the profit, 34 USDT, profit 30 USDT
Total Profit: 100 USDT, doubling target achieved!
6. Opening Conditions:
Long: 10-minute level
A. The larger timeframe (15 minutes) is in an uptrend, and the smaller timeframe (5 minutes) closes with a bullish candle, enter when there are two consecutive bullish candles.
B. The larger timeframe is near a support level, and when the smaller timeframe closes with two consecutive bullish candles, enter!
Short: The opposite
7. Daily Review
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