Secrets of Adding and Reducing Positions in the Crypto Market, Don't Miss Out or You'll Lose Big!

Friends, today let's talk about adding and reducing positions in contracts. Many people lose by adding positions and gain by reducing, which is a big mistake! It's just like a gambler who, after losing, keeps betting more, only to accelerate their exit.

The correct approach is to reduce positions when losing. For example, with 80,000 in capital, if you go long with a liquidation price of 60,000, you should reduce your position by 20% when it drops to 75,000, and continue to reduce if it drops to 70,000, which will lower your liquidation price and be safer. Wait for the market to reverse and then gradually add positions again. Once you return to the cost price, evaluate whether to close the position or continue holding. With the same capital and market conditions, different operations can lead to vastly different results; adding positions while losing may lead to liquidation, but reducing positions when losing can secure your chances of winning.

Now let's talk about adding positions when making a profit, mainly for trend trades. Day trades have large fluctuations, so adding positions is not recommended. For trend trades, if you're going in the right direction, don't just take a little profit and run; hold onto your position. After entering at a low leverage and making a profit, you can add to your position under safe conditions, such as when the price breaks through resistance and pulls back to support. However, be decisive when taking profits at the end of the market; set your take-profit points in advance and don't be greedy for profits beyond your understanding.

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