Today, Binance Square held its first voice broadcast, talking about the analysis of the market and the reasons for judging the decline. In addition, it also talked about how to analyze and operate contracts. $BTC
At that time, a brother came on the microphone and said that he had a short stop profit of 63500 at 64500, and asked me if it could reach 63500.
It just so happened that the hourly EMA12 and MA10 supported 63600, the 5-minute EMA double boundary line was 63600, and the KDJ bottomed out and turned back.
I said that either you can exit with a profit of more than 63600 points, so as not to waste time at a small support point for 100 points. Or you can set the stop loss at 64150, the profit point, and continue to explore the decline with the remaining profit below the pressure point of 64100, and set the stop profit at 63500. This is called the short-term grasp of the point and the correct, safe and rational operation strategy.
First of all, congratulations to that little brother for taking profit at 63,500. Secondly, I also saw from him the common problem of many retail investors. The entry point is to grab the callback. Second, if you buy the wrong one, it doesn’t matter, you can make up for it in batches. In fact, sometimes I am too lazy and I also like to use the split position method to stretch the long line occasionally, but the first point is that the general trend must be right, and the backup second chips must be sufficient, otherwise once the mistake is made, the whole game will be lost.
I think the safest and least risky way to play contracts is the "Short Exploration Method".
I played nearly 26 contracts in early September, and none of them lost money. If you follow me earlier, you should see the pictures in my posts. I am not exaggerating, the "Short Exploration Method" is indeed like this, but the only uncomfortable thing is that it takes time to watch the market.