Rolling over can unleash profits, but risks are also rising simultaneously!
Brothers, rolling over can quickly double your principal, but remember: as profits soar, risks are also increasing!
How to control risks after rolling over? Moving stop-losses are essential!
Moving Stop-Loss & Risk Control
Beginners can refer to ATR (Average True Range) and other volatility indicators,
while experienced traders can combine technical indicators + price action to find the most favorable stop-loss points.
For example: After rolling over at position 2, the stop-loss for the new position can be set below the ATR trailing profit and loss curve.
In practice, if the breakout is a false breakout and the price retraces, we can promptly reduce the new position based on the trailing profit and loss curve.
This way, even if the rollover fails, we can minimize losses and protect the principal.
Disadvantages of Rolling Over & Applicable Conditions
From the example above, everyone should understand the core of rolling over: adding positions on the basis of profits and selecting secondary breakout points or lows.
Don't be misled by appearances; making money through rolling over is not easy. Rolling over requires a high overall quality from traders.
It is only suitable for one-sided trending markets: prices continue to rise after adding positions, and rise again after a retracement.
The reality is: 90% of the market is in a range.
Rolling over in a ranging market will only lead to continuous losses.
Without substantial capital support, you could easily wipe out your principal.
Rolling over is only suitable for about 10% of one-sided trending markets, and it must be accompanied by strict and scientific moving stop-losses; otherwise, the risks are enormous!
Practical Wisdom: The Philosophy of Stop-Losses for Couch Potatoes
After a stop-loss on a trade on January 20, 2021, the couch potato chose to decisively stop trading.
There were no particularly impressive operations! But a systematic, disciplined trading style allowed him to achieve significant long-term gains.
This is the wisdom of experts: not relying on luck, not depending on big wins, but relying on scientific rolling and strict stop-losses to steadily roll out miraculous wealth from the principal!
Rolling over is an accelerator that only a few can master in the cryptocurrency world, one-sided market → rolling over.
Set moving stop-losses → control risks.
Systematic operations → long-term compounding.
Remember, the higher the profits soar, the greater the risks. Rolling over experts!
Know how to lock in risks with stop-losses and let wealth soar with strategies!
