Contract Position Management

ETH position allocation is calculated by quantity!

For 1000u principal, the maximum position cannot exceed 5

For 3000u principal, the maximum position cannot exceed 10

For 5000u principal, the maximum position cannot exceed 20

For 10000u principal, the maximum position cannot exceed 30

For 30000u principal, the maximum position cannot exceed 50

For 50000u principal, the maximum position cannot exceed 100

BTC position allocation is calculated by quantity!

For 1000u principal, the maximum position cannot exceed 0.5

For 3000u principal, the maximum position cannot exceed 1

For 5000u principal, the maximum position cannot exceed 2

For 10000u principal, the maximum position cannot exceed 3

For 30000u principal, the maximum position cannot exceed 5

For 50000u principal, the maximum position cannot exceed 10

Contracts are actually the same as spot trading; the initial principal for each trade is the same, and the number of orders placed each time is the same. Take profits when you should, cut losses when you should, and treat yourself like a trading machine! In the end, K will conquer you with strength!

Lastly, let me share a few personal suggestions for successful trading.

First: Technical analysis, including technical indicators, candlestick patterns, trading volume. Judging trends, distinguishing bull and bear markets, identifying entry and exit points, assessing support and resistance, and utilizing price-volume-time-space, etc.

This varies from person to person; some people don't understand or are not interested in technicals, so there’s nothing to be done.

Second: Fundamental analysis, including relevant macroeconomics, policies, regulations, and the project itself.

Third: News sentiment, taking action under favorable conditions regarding news and fundamentals.

Fourth: Time cycles, intraday short-term, medium-short-term, medium-long-term, long-term (trend trading), confirming the trading cycle to achieve consistency in operational cycles. For example, in long-term trading, avoid frequent short-term buying and selling. When trading long-term trends, intermediate adjustments and fluctuations are acceptable as long as there is enough room, and it involves mainstream cryptocurrencies, as prices will rise again.

Fifth: Mental control, remember not to fidget, implement your plan once it's made, don’t back down.

Sixth: Strict stop-loss, stop-loss is the worst-case scenario. When the market reverses, and it's time to stop-loss and escape the peak, do not hesitate.