"Prepare More Baskets for Eggs"--A Brief Discussion on Contract Risk Control Part 1: Fund Management
1. The loss of each position after being stopped out accounts for a maximum of 2% of the total funds You have 20000u, and you have 4 positions. The maximum loss of each position after being damaged should be 400u. If all are lost, you will only lose 1600u in this round, which is 8% of the total contract funds. 1. Consider the maximum loss you can accept for each position, such as 2%. If your daily contract trading win rate is above 80%, you can increase the ratio appropriately. But it is not recommended to exceed 5%. 2. Consider your loss after all positions have lost money, and decide the number of your positions. For example, the 1600u just now is 8% of your assets. If you press 1 to operate, and encounter a #BTC big drop, all will be lost. With only 4 positions, the loss is as high as 20%.
#BTC is still not greedy enough, both bulls and bears need to exercise restraint. Still bearish in the long term. The target of 98000 remains unchanged, it may even be higher.
#BTC The counterfeit warehouses are gradually closing some positions. If new highs do not appear, a pullback must be expected. At least back to 98000. Let's see.
#AAVE I said there was a missing position, it turned out to be a perfect take profit! I closed a bit during the double top in the middle of the market for safety, but there was still over a 2000% return.
I looked at #MASK yesterday, the current price entry is quite awkward, I expect liquidation below 1.03 to end, entering long or short is very risky. I won't touch it for now.
Pay attention to the two price levels of 103800 and 104800. They are the retracement levels of 618 and 786 respectively. If there is no successful breakout, it will continue to decline, seeing at least 98000.