Today's market is too boring. Recently, many newcomers have been asking about position size, so I will make a brief explanation here. For example, if we have 100 USDT, then if you don't use leverage, buying everything would be a full position. Usually, we buy in batches. For instance, if the first purchase is 30 USDT, that would be a 30% position. The second purchase of 40 USDT would add a 40% position, and the last purchase of the remaining 30 USDT would mean we have a full position. Typically, for four-hour market movements, we often use this batch buying method to compensate for our inability to accurately determine the lowest point. If we use perpetual contracts with 10x leverage, then going long on 10 USDT is equivalent to buying 100 USDT in spot, which is a full position. If you go long on 20 USDT, it would be equivalent to buying 200 USDT in spot, which is called double full position. If you go long on 100 USDT, it would be equivalent to buying 1000 USDT in spot, which would be considered a very heavy position, as a 10% fluctuation would lead to liquidation. My typical single trade stop-loss is generally about 1% of the total capital, meaning I can afford to lose 100 times before running out of funds. This allows me to have sufficient survival time and room for error. The specific position size depends on your total capital and the amount you can accept as a single loss. Because I engage in short-term trading and have strict stop-loss rules, I usually go in with full positions. For particularly good opportunities, I might increase to 2x or 3x full position. Generally, exceeding 3x full position can lead to significant losses if a stop-loss occurs, which can be psychologically unbearable. If there are any unclear points, feel free to ask in the comments.
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