Fans often come to ask me:
"How do you operate with contracts? Is there any special technique?"
Actually, there is no mysterious formula, but I do have a set of opening thoughts that I commonly use. Let me share with you:
Light Position Testing
First, use 20% of the funds to build a position, and don’t rush to judge the direction.
Run if Wrong
If the direction is wrong and the loss reaches 10%, immediately stop loss.
This way, the total position will only lose 2%, which won't hurt the fundamentals.
Add Position if Right
If the direction is right, add 20% to the position when there is a 10% profit;
If it rises another 10%, add another 20%;
Lastly, add 40% directly to amplify the advantage.
As long as the drawdown is less than 10%, continue holding.
Once it drops back to 10%, decisively close all positions to lock in profits.
You see, the core of this thought process has two points:
Run if wrong to avoid deep entrapment,
Add if right to roll and amplify victory.
This kind of strategy is actually very similar to the adding logic of the "King of Speculation" Livermore.
I also execute this when I trade. Overall, the effect is good; it doesn’t guarantee a 100% win, but it can effectively reduce risk while increasing profitability.
What the crypto world fears most is not loss, but chaos.
Those without methods panic when it rises and panic even more when it falls, ultimately becoming mere fodder.
When trading contracts, one must emphasize methodology; otherwise, one becomes cannon fodder in the market.
The market is still brewing; if you still don’t understand how to play, it’s okay, hurry up and plan with me, and I’ll clearly arrange the positions for you!
$HYPE $ENA $UNI
