On the morning and evening of July 3rd, everyone was reminded to layout short positions. I don’t know how many students have laid out!
Now chasing highs is too risky, don’t believe those bloggers in the square saying to look for 130k or 150k; ask them in the comments what basis they have, and from what technical indicators they see those levels? Let’s see if they can answer.
When trading contracts, you must learn to layout in advance during every big surge and waterfall, have a counter-trend mindset and make counter-trend trades; chasing highs and going long is not advisable.
On July 4th, Friday. How should we view it?
Continue to layout short positions at high levels; if you are really worried about being pulled back, then set a trailing stop; for BTC, take 50% profit on positions when there is a profit of 800-1000 points, and then take 25% profit again when there is another 800-1000 points; always set a cost stop for each profit taking. If you focus on one market movement, you can profit at least 2000 points. For ETH, take 50% profit at 40 points, and 25% at 80 points, and take all at 120-150 points.
Short near 110200, stop loss at 110800, take profit at 50% of the position at 109200, take profit at 50% of the position at 108800, set the remaining to break even and take all at 107900.
Short at 2590-2610, stop loss at 2636, take profit at 50% at 2560, then take profit at 50% at 2540, and take all at 2525.
Make sure to set a good stop loss!!! Safety first, small losses and big profits are the goal!!!
Follow Dr. Liang, and you won’t get lost in the market!!! The first 200 followers can be added to the position group for free. When the market is right, you can follow it in time and make big gains. Check out the posts I made earlier to compare with the market situation of the day.
