With dynamic risk management at its core, adjust positions, stop losses, and take profits according to market fluctuations, reasonably increase positions, and review and optimize trading plans.
For example, if I currently have 100u in capital
Open the first position at 10% (10u) and take profit at 130u
Open the second position at 10% (13u) and stop loss at 117u
Open the third position with the previous position (13u) and take profit at 156u
Open the fourth position at 10% (16u) and take profit at 204u
When opening a position, control the position according to the given strategy:
For example, if building a position at 2685 (10%), then add to the position at 2695 (10%) and set the stop loss at 2705; for aggressive positions, 7% can be entered in batches, which benefits from the batch entry with a risk-reward ratio of 1:1.5; 1:2.6
When approaching the take profit level by 5-10 points, close 70%-80% of the position, raise the stop loss for the remaining 20% by 5-10 points of the opening position and hold it. For each breakout of a level, close 70% and raise the stop loss for the remaining.
If lucky, a profit of 2-4 trades can flip the capital.
Dynamically adjust positions and stop loss/take profit points according to market conditions, flexibly respond to market changes. Regularly review trading records, summarize experiences and lessons, and optimize strategies.