The trading system of BitKing emphasizes the importance of stop-loss and stop-profit. The key is to keep the total profit greater than the total loss. The specific principles include:

Each stop loss is controlled within 5% of the total funds;

Each profit exceeds 5% of the total funds;

The total transaction win rate must be greater than 50%.

As long as the profit-loss ratio is greater than 1 and the win rate is higher than 50%, profit can be achieved. BitKing's trading system relies on 30% market fluctuations. Ensuring a high profit-loss ratio is one of the core of its extraordinary returns. Many investors tend to stop when they make a profit and hold on when they lose money. This reflects the psychology of greed and fear, which must be controlled through fund management.

In addition to its strong trading ability, the success of BitKing also benefits from market opportunities. It has made 10,000 yuan into 100 million yuan in three years, reaching a 10,000-fold return, but the risk is also very high, especially when using high leverage. BitKing used 20 times and 5 times leverage in the first and third transactions respectively. Although successful, this operation is too risky for ordinary retail investors. It is recommended that retail investors use low leverage, steady compounding, and avoid high-multiple studs.

The summary of BitKing's trading strategy includes:

Trade with money you can afford to lose and control risks;

Judge trends by combining fundamentals and technical analysis;

Only do trending market at the daily level, avoid short-term operations and volatile market;

Strictly stop loss in volatile market and wait for trend market;

Stop loss in time when failure occurs, and avoid heavy positions.

Successful trading is not only about analyzing the market, but also about good fund management and stop loss control. BitKing's successful experience shows that winning rate and prediction are not as important as position management, stop loss, and profit and loss ratio. Good fund management is the key to profitability.

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