Mu Feng's Trend View: The First Issue of Sharing Trading Experience
To trade digital currency, you need to have three skills: one is to be familiar with the market, the second is to master the technical points, and the third is to use operational tactics. Today I will share with you the three major tactics in digital currency contract operations:
Point 1 Risk control is the first priority: Under normal circumstances, investors will put risk control first, mainly because effective risk control can limit possible capital losses to a certain range, thereby avoiding unbearable losses when risk events occur, protecting the principal, risk first, and profit later. After all, the principal is the prerequisite for investors to carry out all operations. Without the principal, investors will lose the qualification to enter the market. It can be seen that when making orders, investors must resolutely take risk control measures and strictly implement the stop loss and stop profit plan.
Point 2 Fund management is the most critical: For investors, fund management helps to improve the efficiency of fund utilization and save costs. Investors should make reasonable fund allocation according to the actual situation of the digital currency market. For example, if the current market trend is unclear, if investors rashly invest most of the funds, they will face relatively large unknown risks, and this fund may be gone without return. In addition, investors should also manage funds according to their own operating style. For example, investors who pursue stable insurance can build positions with 5%-15% of funds, or consider entering the market in batches to reduce risks.
Key point three: Technical experience support: Analyzing the trend of the digital currency market cannot be separated from the support of technology. In different market stages, investors need to adopt different analysis methods. At the same time, choosing appropriate technical analysis tools is a help for investors to correctly judge the trend of the market. The accumulation of experience can help investors operate more skillfully, learn lessons, and avoid the same mistakes again. Therefore, investors should focus on improving their own analysis level and accumulating experience. I hope these can help all coin friends. If you are not sure about the trend in the future market operation, you can follow my official account (Mufeng Watch Trends). Welcome to communicate and learn together!