Recently, many fans have mentioned that they are new to trading and don't know how to operate. With an initial capital of around 1000U, they ask for good strategies. Today, I will share my suggestions. For example, if you have 1000U, divide it into 10 parts, investing 100U each time, with a recommended leverage of 20X. Newcomers may find it hard to control their mindset with too high a multiplier. The remaining 900U should be kept in a savings account. If you lose 100U, you must not think about averaging down. If you lose everything, the first thing you need to do is reflect and summarize, then take a break for 1-2 days. Don't be afraid of missing market movements; Bitcoin's volatility is always present. There are significant fluctuations every month, and the opportunities depend on your luck in playing. Once you’ve adjusted, divide the remaining 900U by 10 to make each part 90U, and then invest again, being cautious this time, aiming to earn back the money. Suppose you make 300U this time; leave 100U behind and transfer out the remaining 200U. This way, you will feel more secure, and your mindset will improve greatly. Never invest everything; if a black swan event occurs, you could lose it all at once, starting over again. Objectively speaking, in contract trading, it’s advisable to open with 10X leverage. If your direction is wrong and it drops by 10%, you will get liquidated. Considering Bitcoin, a 20% fluctuation in a year is normal; if you are fully invested every time, all previous profits become meaningless, ultimately returning to zero. Walking by the river frequently, no one can guarantee that every decision is correct. A great trader with a 60% success rate is already impressive. Therefore, position management is crucial. Even if you have a 90% win rate, one wrong move can lead to irreversible losses.
Learn trading knowledge, implement light position operations, and reduce losses. Most people lose in trading because they do not understand the market well and do not know how to manage positions and risks. Therefore, avoid increasing your position when feeling unwell, and instead reduce or clear your position. If losses exceed 2% of total funds in a day, you should be alert. If losses reach 6%, clear all losing contracts and set a breakeven take profit on profitable contracts, then take at least 2-3 days off. Chasing prices is dangerous; unless market conditions are clear, do not blindly chase prices. Be cautious when increasing positions after profits, especially after significant profits, as new positions often lead to failure. If you want to increase your position, either act immediately or wait until a major correction ends, following the pyramid position increase method. When margin profits exceed 200%, set half to take profit at a 40% drawdown and the other half at a breakeven take profit. This is to protect profits and ensure that large profits do not turn into losses. Never trade when feeling down, depressed, or troubled in life. If there are overall losses in the past 24 hours, take a break for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable entry opportunities. For correct trades, maintain a base position as correct decisions may yield continuous returns.
Newcomer suggestions:
Small funds, starting from 30-50U
High leverage, 20x leverage
Stop loss: Set a stop loss upon entry, with a loss limit of $20-30.
Take profit: Hedge profit (30% profit drawdown, take profit strategy)
Withdraw profits, deposit each time starting from $500-1000, do not overdo it.
Practice well before considering increasing your position.$ETH $BTC #Metaplanet拟筹资增持比特币 #币安Alpha上新
