How to make money in the cryptocurrency contract market? 🔥🔥🚀

Many people lose money playing contracts. How can contracts be played to be profitable? Here are some personal insights, hoping to help my friends 🌹🌹

Only do the top $BTC , second $ETH ! 1

Mainly judge the entry points for short positions in batches based on the important moving average group above the 4-hour level.

For example, if the MA60 moving average above the 4-hour level continues to pressure the price, then use this moving average as the timing to enter short positions.

Generally, use support levels below the same level or a higher level as entry points for long positions in batches.

Stop-loss: Set it to just below the previous low after a downward spike followed by an upward surge. For example, if the support level is at 2220, and the spike went down to 2210, then set the stop-loss below 2210, around 2100.

Stop-loss principal: If the stop-loss reaches twenty percent of the total capital, do not open new positions for the day. 4.2. Daily operations are generally based on two trades, with a single stop-loss controlled at 10%.

The position size for each trade should remain consistent, and it is preferable to enter in batches rather than putting all in at once! Try to follow the trend when opening positions; if the main trend is bearish, try to open short positions, and vice versa.

When the market trend is good, chase hot coins, control the profit-loss ratio, keeping it around 4:1.

If the daily stop-loss drawdown reaches fifteen to twenty percent of the capital, do not open new positions for the day.

Daily review of market conditions: Stay in cash and wait for batch entry points, if there are no opportunities, just stay in cash. In this kind of market, not losing money is equivalent to making money.

Profit protection stop-loss: When the day's opening positions have not triggered a stop-loss and the K-line shape at the same level has not shown signs of damage, you can choose not to set a profit protection stop-loss.

Never think about going all in for a chance to get rich; only trade in markets that suit you! Learn to stay in cash, do not forcefully open positions, and avoid overnight positions.

If there is no market activity on weekends, try not to open positions. After being stopped out, control your mindset; do not get emotional!