Secrets of Position Management in the Cryptocurrency Market, Steady Gains of 70% Monthly:
1. Divide funds into 5 parts, each time using 1/5 of the position, 10% stop loss (total capital loss of 2%), 50% take profit, if all 5 trades are wrong, only lose 10%.
2. Trade with the trend! A rebound in a downtrend is a trap for buyers, a pullback in an uptrend is an opportunity, buying low is steadier than catching a bottom.
3. Avoid short-term skyrocketing coins; after a main upward wave, there is a high probability of stagnation and fall.
4. Enter the market when the MACD golden cross breaks above the zero line; reduce positions when there is a dead cross above the zero line.
5. No averaging down on losses! Increase positions only when in profit, to avoid increasing losses.
6. Volume and price are key: follow through on breakouts with increased volume at low levels, exit when there is stagnation with increased volume at high levels.
7. Only trade coins in an uptrend:
- 3-day line upwards = short-term opportunity
- 30-day line upwards = medium-term opportunity
- 84/120-day line upwards = main upward wave/long-term opportunity
8. Daily review, weekly verification of trends, and timely adjustment of strategies.
#币圈合约 #交易技巧 Strict risk control + trend trading = key to continuous profit!
