Recently, many people have mentioned that when they start playing, they don't know how to operate. The initial funds are within 1000 oil, and they ask me for good strategies. Today, I will share my suggestions. For example, if you have 1000 oil, divide it into 10 parts, and invest 100 oil each time, with a recommended leverage of 20X. Newcomers find it hard to control their mindset with too high of a multiple. Keep the remaining 900 in a financial account. If you lose 100, you must not think about adding more. If you lose everything, the first thing you need to do is reflect and summarize, then take a break for 1-2 days. Don't be afraid of missing out on market trends; fluctuations in the crypto world happen all the time. There are major fluctuations every month, and opportunities depend on whether you are lucky enough to play. Once you adjust, you can take the remaining 900 oil, divide it by 10 to make it 90 oil each, and invest it again, but this time be more cautious to try to earn this money back. Assuming you earn 300 oil this time, keep 100 oil and transfer all the remaining 200 oil out; this way, you will feel more secure, and your mindset will improve significantly. Never invest everything at once; if a black swan event occurs, you will lose everything in one go. Starting over again. Objectively speaking, when doing contract trading, just use 10X leverage. If you go the wrong way and it drops by 10%, you will be liquidated, whereas even Bitcoin has a normal fluctuation of 20% in a year. If you are fully invested each time, then no matter how much you earn before, it becomes meaningless; everything will eventually go to zero. Walking by the river often, no one can guarantee they will always be right. A skilled trader with a 60% success rate is already impressive. Therefore, position management is very important. Even if you have a 90% win rate, one wrong move can lead to irreparable losses.
Learn trading knowledge, implement light position operations, and reduce losses. Most people incur losses in trading because they do not understand the market well enough and do not know how to control positions and manage risks. Therefore, avoid adding positions when feeling unwell; instead, reduce or close positions. If you lose more than 2% of your total capital in one day, you should be alert. If losses reach 6%, clear all losing contracts and set a breakeven price for profitable contracts, then rest for at least 2-3 days. Chasing price increases is dangerous; unless market conditions are clear, do not blindly chase prices. Be cautious when adding positions after making a profit, especially after significant gains, as new positions often lead to failure. If you want to add positions, either act immediately or wait until a major correction ends, and follow the pyramid method for adding positions. When margin profits exceed 200%, set a 40% retracement take profit for half, and a breakeven price take profit for the other half. This is to protect profits and ensure that major gains do not turn into losses. Never trade when feeling down, depressed, or troubled in life. If you have an overall loss in the past 24 hours, you should also take a break for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable opportunities to enter the market. For correct trades, because correct decisions can continuously generate profits.#币安八周年 #美国加征关税 $BTC
