Recently, many new friends asked me that they just started to trade digital currencies and they only had a few thousand yuan (U coins) on hand, and they didn't know how to operate. Today, I will give you some tips based on my own experience.

If you have 1,000U, don't invest all of it at once. Divide it into 10 parts and play with 100U each time. The leverage is about 20 times. Novices will easily lose their mentality if they play with too high leverage. The remaining 900U should be honestly placed in the financial management account as your "life-saving money".

If you lose this 100U, don't think about replenishing the position. If you lose it, you lose it. Stop and reflect first, and then give yourself a day or two off to adjust. The Bitcoin market fluctuates every day, and there are many opportunities. Don't be afraid of missing them. After your mentality is adjusted, divide the remaining 900U into 10 parts, 90U each, and start again. Be careful this time and try to make up for the lost money. If you make 300U, keep 100U in your account and withdraw the remaining 200U quickly. This way you will feel at ease and your mentality will be much better.

In the trading industry, position management is very important. Even if you have a 90% winning rate, as long as you make a mistake once, all your previous efforts may be wasted. You must learn some trading knowledge, operate with a light position, and reduce losses. Many people lose money because they don't understand the market and don't know how to manage their positions. When you feel something is wrong, you should reduce or clear your positions, don't just hold on.

If you lose more than 2% of your total funds in one day, you have to be careful; if you lose 6%, then quickly clear the losing contracts, set a profit-taking limit for the profitable contracts, and then rest for two or three days, don't rush into the market. Chasing the rise is very dangerous. Unless the market trend is very obvious, don't try it easily. Be careful when adding positions after making a profit, especially after making a lot of money, the newly added positions are prone to problems. If you want to add positions, either act quickly or wait for the market correction to end. Remember to use the pyramid method to add positions so that the risk can be controlled.

If you like contracts, like to study the market, and study technology, click on the avatar. I have many years of experience and skills in the currency circle, and I will share them for free. I am waiting for you in the circle, online at any time, welcome to discuss and make progress together