Cryptocurrency Beginner Contract Trading Strategy
Beginners in cryptocurrency contract trading should first learn the basic rules, choose a compliant platform, and use small amounts of capital for trial and error. Start with trend trading, using moving averages (such as the 50-day and 200-day moving averages) to determine direction. If the short-term moving average crosses above the long-term moving average and the price hits a new high, consider going long; conversely, go short. Combine this with breakout trading: wait for the price to break through key support/resistance levels with increased volume before entering the market, and set stop-loss orders to guard against false breakouts. Strictly control position sizes, ensuring that no single trade exceeds 5% of total capital, and use stop-loss and take-profit orders to lock in risks. Stay away from high leverage to avoid being easily liquidated by volatility, continually learn indicators (MACD, KDJ) and stay updated on market information, prioritizing stability before seeking profits.