How much capital is suitable for trading contracts in the crypto world?
Trading contracts has little to do with the size of your position; it depends on your operations!
Entry position, position allocation management, and setting take-profit and stop-loss levels.
First, let's talk about the entry position. From Ethereum's recent trend (15 minutes), the lowest position is 2451, followed by 2466, and the recent one is above 2480. The resistance level is at 2550. From this, we can see that the lows are getting higher. We can choose to enter a long position near 2480. If you are unsure about the right entry position (this relates to our position allocation), for example, if you have 10,000 oil, you can open with 500 oil (even if the first entry is at 2520), you can still add to your position when it goes down, with the additional amount equal to or greater than 500. Place the stop-loss at the recent 15-minute low, and set the take-profit at the previous 15-minute candlestick. You can choose to take all profits or take 70%, leaving the rest at break-even to maximize profits; the opposite applies for short positions.
Over the long term, your returns will steadily increase!
Of course, we do this as well. This method demands a lot of time and energy. If you don’t have much time to monitor the market, I don’t recommend operating on a 15-minute basis, as it is time-consuming and exhausting, and over time, it can be mentally draining!
Unlike us, we spend most of our day dealing with candlestick charts, so we can respond to any situation promptly. Otherwise, we maintain a 100% win rate within a week, with no losses!
The pnut called out today has also doubled; those who followed suit have also profited, congratulations to the brothers!
