Recently, many fans mentioned that they are just starting to play and do not know how to operate. The capital they just entered is only within 1000U, and they ask me for good strategies. Today, I will share my advice. For example, if you have 1000U, divide it into 10 parts, investing 100U each time, with a recommended leverage of 20X. Newcomers have a hard time controlling their mindset with too high a multiple. The remaining 900U should be placed in a wealth management account. If you lose 100U, you must not think about adding to the position. If you run out of funds, the first thing you need to do is reflect and summarize, then take 1-2 days off. Do not be afraid of missing market opportunities; Bitcoin's volatility is always present. There are large fluctuations every month, and whether you can play depends on your luck. Once adjusted, divide the remaining 900U by 10 to make each part 90U, and then invest it again, but this time be more cautious, aiming to earn back that money. Assume you make 300U this time; leave 100U and transfer out the remaining 200U, so you feel more secure, and your mindset improves significantly. Never invest everything; if a black swan event occurs, you could lose it all at once and have to start over. Objectively speaking, for contract trading, just open 10X. If your direction is wrong and it drops 10%, you will blow up your position. Even for BTC, a 20% fluctuation in a year is very normal; if you are fully invested every time, all previous gains will become meaningless in the end, and you will end up at zero. Walking by the river often, no one can guarantee being right every time. A skilled trader with a 60% success rate is already impressive. Therefore, position management is very important. Even if you have a 90% win rate, one wrong move can lead to irreversible consequences.
Learn trading knowledge, implement light position operations, and reduce losses. Most people lose money in trading because they lack understanding of the market and do not know how to control positions and manage risks. Therefore, you should avoid increasing positions when feeling unwell, and instead reduce or close positions. If you lose more than 2% of your total capital in a day, you should be alert. When losses reach 6%, liquidate all losing contracts, and after setting a breakeven price for profitable contracts, take at least 2-3 days off. Chasing prices is dangerous; do not blindly chase unless market conditions are clear. Be cautious when adding positions after making a profit, especially after significant gains, as new positions often lead to failure. If you want to increase your position, act immediately or wait for a significant correction to end and follow the pyramid method for adding positions. When margin profits exceed 200%, set a 40% pullback take-profit for half, and a breakeven price take-profit for the other half. This is to protect profits and ensure that significant gains do not turn into losses. Never trade when you are in a bad mood, feeling depressed, or troubled in life. If you have overall losses in the past 24 hours, you should also take 2-3 days off. Never operate against the trend, reduce trading frequency, and look for the right moment to enter. For correct trades, good decisions can lead to continuous profits. $BTC