Just started playing, don't know how to operate. The initial capital is within 1000U. For example, if you have 1000U, divide it into 10 parts, and invest 100U each time, with a suggested leverage of 20X. Newcomers find it difficult to control their mindset with too high a multiplier. The remaining 900U should be placed in a wealth management account. If you lose 100U, you must not think about averaging down. 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 the market; Bitcoin's volatility can happen at any time. There are large fluctuations every month, and it depends on whether you have the luck to play. Once adjusted, you can divide the remaining 900U by 10 into 90U for each part, and invest it again, but this time be cautious to try to earn that money back. Assuming you earn 300U this time, leave 100U and transfer out the remaining 200U; this way, you'll feel more secure, and your mindset will improve significantly. Never invest everything at once; if a black swan event occurs, you could lose everything in one go. You would have to start over. Objectively speaking, for contract trading, always open with 10X leverage. If your direction is wrong and it drops 10%, you will be liquidated. Even Bitcoin's 20% volatility per year is very normal. If you are fully invested every time, all your previous earnings will be meaningless, ultimately leading to zero. Walking by the river often, no one guarantees that you will be right every time. A great trader with a 60% success rate is already impressive. Therefore, position management is very important. Even with a 90% win rate, one mistake can lead to irreversible losses.
Learn trading knowledge, implement light position operations, and reduce losses. Most people lose money in trading because they do not understand the market well and do not know how to control positions and manage risks. Therefore, avoid increasing positions when feeling unwell, and instead reduce or liquidate positions. If you lose more than 2% of your total capital in one day, you should be alert. When losses reach 6%, liquidate all losing contracts and set a breakeven stop profit on profitable contracts, then take a break for at least 2-3 days. Chasing rises is dangerous; unless market conditions are clear, do not blindly chase rises. Be cautious when increasing positions after making a profit, especially after a significant profit, as new positions often lead to failure. If you need to increase positions, either act immediately or wait until a significant correction has ended, and follow the pyramid method for increasing positions. When margin profits exceed 200%, set a 40% drawdown stop profit for half, and a breakeven stop profit for the other half. This is to protect profits and ensure that significant profits do not turn into losses. Never trade when in a bad mood, feeling depressed, or troubled in life. If there are overall losses in the past 24 hours, you should also rest for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable opportunities to enter. Correct trading can lead to continuous earnings due to sound decision-making.
Advice for newcomers: Contracts are just a way to harvest money from the inexperienced, it's best not to play with contracts.
Small funds, starting positions of 30-50U.
High leverage, 20x leverage.
Stop-loss: Set a stop-loss upon entry, with a stop-loss of 20-30 dollars.
Take profit: Hedge take profit (30% profit drawdown, take profit strategy).
Withdraw profits, with each deposit starting from 500-1000 USD.#美国加征关税 $BTC