I am trading cryptocurrencies with 2000U, and I am playing contracts, I have been doing it for more than 2 months now. I am still at a loss. The exploration time is a bit long, more than 2 months, and I haven't made any money, feeling a bit anxious.
Everyone can take a look at my operations, and any questions can be pointed out.
Today is July 12th. Due to ETH and BTC being in a bearish trend, today is all short positions:
First, the operation stocks for today:
One ORDI
Many high-volume stocks are in decline, just because it is so strong today, I added a second position, and ended up losing money. Lost nearly 2 points.
Two NOT
NOT making money, due to eating, no time to watch the market, earning less than 3 points.
Three ETHFI
This stock has been traded several times, and all were roughly profitable.
For the above several stocks, I currently don’t know what they are useful for, what they do. I just purely look at K-lines and technical indicators to trade. Overall, it is profitable today. But it’s not ideal.
Now, let me share my trading strategy:
1 Position not exceeding 10%. Generally 2%-5%. Leverage is 10X. It may also vary.
When going long, buy at the support line or moving average. When going short, buy when the price just stands above the important moving average or at a breakout failure point.
3 Stop-loss is generally set at 0.6%-1.5%, sometimes set at 2%. Take profit is usually set at important support lines or previous low points.
If you have 2000U, with a 2% position, 10x leverage, that's 400U, earning 2 points means 8U. Generally with three stocks, if all earn 2 points, that's 24U. So, you can earn 150 yuan that day. If it's a 4% position on one stock, the daily target is to earn 200 yuan.
Of course, it's impossible to only take action once a day, generally you can take action 3 times. There are gains and losses, usually in a good situation, having around 300-400 yuan is pretty good.
Want to get rich overnight, thinking about full position with 10x leverage, multiplying several times overnight, I think it's very difficult. Like a few days ago, NOT rose 50% in two days, I didn’t participate at all. That was really foolish, and I ended up losing nearly 100U above. Regretting it greatly.
Continued attention: COOKIE NIL CGPT