Many people lose money trading contracts, how can Heyue make a profit?
1. Only trade as first or second
2. Mainly use the important moving average group above the 4-hour level to judge when to enter short positions in batches.
For example, if the MA60 moving average above the 4-hour level is continuously suppressing the price, then use this moving average as the timing to enter short positions.
Generally, take the support below the same level or one level higher as the entry points for batch long positions.
Stop loss: Set it below the previous low after a downward spike followed by a rise, for example, if the support is at 2220 and the spike goes to 2210, then set the stop loss below 2210, around 2100.
4. Stop loss on capital: If it reaches 20% of the total capital, do not open new positions for the day. 4.2. Generally, limit daily operations to two trades, keeping single trade stop loss at 10%.
The position size of each single trade should remain consistent.
5. Try to enter positions in batches, do not load all at once! 5.2. Try to follow the trend when opening positions, if the main trend is bearish, try to open short positions, and vice versa.
When the market trend is good, chase hot coins.
Control the risk-reward ratio to around 4:1.
Daily stop loss drawdown should be 15% to 20% of capital, and if reached, do not open new positions for the day.
Daily review. Three. Market crashing: Wait in cash for batch entry, if there is no opportunity, just wait in cash. In this kind of market, not losing money is equivalent to making money.
Four.1. Profit protection stop loss: When the daily opening does not trigger a stop loss and the K-line patterns at the same level do not show any pattern destruction, you may not need to carry a profit protection stop loss.
Never think about going all in for sudden wealth,
Only trade in markets that belong to you! Learn to stay in cash, do not force opening positions.
Do not hold overnight positions.
Avoid opening positions on weekends with no market activity.
After being stopped out, maintain a good mindset, do not jump back in.
Be sure to control your position size, do not go all in or heavily invest, and set proper take profit and stop loss levels.