🌟 As a student of Tsinghua University's Department of Finance, I have been thinking about how to avoid frequent stop losses in the cryptocurrency market. I feel that every time the market fluctuates a little, my position will be shaken off. After that, I began to explore several practical strategies to share with you~
First, you can choose a larger time period for trading, such as the daily line or the 4-hour line. This can reduce the frequency of transactions, avoid the influence of short-term noise, and allow us to grasp the trend more clearly. However, the mentality should be stable and the position should be held😉.
Secondly, light positions are the key💡. This not only reduces risks, but also reduces psychological pressure. The stop loss point can be relaxed, so that short-term fluctuations are not so terrible. But don't trade randomly because of fear or greed.
Finally, frequent stop losses may be a problem with our system! Try to use more simulations to backtest your own strategies to see where you need to optimize. Doing homework in advance is much more cost-effective than losing money after entering the market.
⚡Recently, I have fully invested in several currencies that I am optimistic about. I expect them to rise in the future. You can pay attention to $BTC and $ETH . #牛市到来 #投资心得 #APE暴涨 #DOGE飙升 #币安累计交易量突破100万亿美元