$BTC Contract Trading Strategy: "Short Exploration Method"
On the day the Federal Reserve announced the interest rates, why did I short at 97200, and set my stop loss at 97100 when the market was at 96800? I was bearish all the way, and even though the market dropped to 95700 and started to fluctuate, I couldn’t hold on and went to sleep, resulting in a market reversal half an hour later. But it had no impact on my principal at all.
From the entry to the end, I used the "Short Exploration Method" to analyze the entry points. The highest point at 97490 did not create an entry opportunity; only the range from 97300 to 97200 formed one. Therefore, the "Short Exploration Method" is very accurate and effective in controlling entry points.
Second: Set the stop loss at the profit point, and observe the trend with the profits. Because the "Short Exploration Method" generates profit at the entry, it is reasonable to set the stop loss at the profit point and watch the decline with the profits.
Third: This is about capturing fluctuations and exploring long-term trends. Capturing fluctuations, 95700 is already a 30-minute EMA double track support point. The choice is whether to capture fluctuations and leave with a profit of 1400 points, or continue to explore the decline. It all depends on your satisfaction with the earnings at that moment. If satisfied, exit; if not, continue to monitor the market. As long as the "Short Exploration Method" establishes an upward trend, you must exit the short position and switch to long.
However, I did not care. After Powell finished speaking, I went straight to sleep. The market began to change at 4 o'clock. I checked the indicators, and an opportunity to go long based on the "Short Exploration Method" had formed. It's a bit unfortunate, but I just returned the 1400 points of profit to the market while my principal remained stable, not a cent less.
Contracts are different from spot trading; if you make a mistake in spot trading, you can wait, but contracts are inherently about leveraging small amounts for large gains, facing the risk of liquidation. Therefore, the "Short Exploration Method" is the best choice for contracts. I personally use the "Short Exploration Method" for my contract trading.
