Many people lose money trading contracts. How can Heyue make a profit?
1. Only trade as the first or second leader.
2. Mainly use the important moving average group above the 4-hour level to determine when to enter short positions in batches.
For example, if the MA60 moving average above the 4-hour level continuously suppresses the price, use this moving average as the timing to enter short positions.
Generally, use the support below the same level or one level above as the entry point for long positions in batches.
Stop Loss: Place it below the previous low after a downward spike and subsequent rise. For example, if the support level is 2220 and the spike goes down to 2210, then set the stop loss below 2210, around 2100.
4. Stop Loss Principal: If the total principal reaches twenty percent, do not open positions for the day. 4.2. Daily operations generally focus on two trades, with single trade stop loss controlled at 10%.
The position size for each trade should remain consistent.
5. Try to enter positions in batches, do not fully load your bullets at once! 5.2. Try to follow the trend when opening positions. When the main trend is bearish, try to open short positions, and vice versa.
When the overall market trend is good, chase hot coins.
Control the profit-loss ratio, aiming for around four to one.
Daily stop loss drawdown is fifteen percent to the principal, and if reached, do not open positions for the day.
Daily review. Three. Market crash: Hold cash and wait to enter in batches when opportunities arise. If there are no opportunities, just wait in cash. In such market conditions, not losing money is equivalent to making money.
Four.1. Profit Protection Stop Loss: When the conditions for opening a position on the day are met without triggering a stop loss and the same level's candlestick pattern has not been damaged, you can avoid using a profit protection stop loss.
Never think about going all-in to get rich quickly.
Only trade in the market that belongs to you! Learn to stay in cash, do not forcefully open positions.
Do not hold overnight positions.
Try not to open positions when there is no market activity on weekends.
After being stopped out, maintain a good mindset, do not panic.
Be sure to control your position size, do not go all-in or heavily invest, and set appropriate take profit and stop loss levels.