1. Experience Due to the previous market stagnation, I had no extra U in my full inventory of spot purchases, so I borrowed 200U from leverage to trade super short-term contract swings, which is essentially about making small and quick profits continuously. At the beginning, each trade could earn about 3U to 10U, and as the capital gradually increased, the profits naturally grew from the initial 3-10U to 10-30U per trade, then to 20-50U per trade, and occasionally I could catch some bigger moves. In the early stages, since the capital was small, trades had to be quick, the faster the better! Don't be greedy, because with a small principal, even if you are greedy on a trade, you can't earn 10,000U.
In the early stages, with small capital, you must first grow your funds before you can make trend trades for larger profits.
2. How to choose the contract's cryptocurrency
In fact, choosing a cryptocurrency is not that difficult. First, you need to clarify which coins are tradable and which are absolutely not to be touched. When selecting coins, mainly look at the daily trading volume, volatility, and liquidity of the spot for that coin. Coins without trading volume cannot be played, and those with too high or too low volatility cannot be played either. It's best to have a volatility of about 2% on the 15-minute K-line. Why can't we play coins with high volatility? Because our capital is small, and their positions are large, we simply do not have the capacity to withstand trades, so high volatility is also unsuitable. Another point is that the liquidity spread cannot be too large and the number of orders cannot be too small. Since we are trading super short-term swings, many coins meet our criteria, of course, there are many other indicators to observe, but due to space limitations, I won't list them all.
Alright, let's see specifically how to operate
First, remember that you are trading super short swings, not trend trades or rolling positions, etc. The advantage of super short swings is that they are fast, accurate, and decisive. In fact, you can borrow the tactics of guerrilla warfare, which is really quite similar...
If your capital is only 100-200U, then your opening position should be about 25%. I prefer to calculate manually based on U. My opening position is about 300-500U, making a few U per trade and then exiting. Sometimes I will close the position just seconds after opening. If I can bear a loss until I break even, I will immediately exit. If the position is too deep in the red, I will look for opportunities to open a hedging position and find a suitable chance to close one side in parts to break even. If there are really no opportunities, I will directly cut losses.
This is a pig whose skin was 100% burned by the fire. Even though it was seriously injured by the fire, it insisted on eating every meal. Its strength and perseverance are worth learning from. At this moment, we are also being fried until both sides are golden in the bear market. I hope everyone can hold on until the bull market comes. #BTC☀ #ETH🔥🔥🔥🔥 #山寨季何时到来? #美联储何时降息? #比特币大会
I believe everyone is looking forward to the Bitcoin Conference on the 27th. Some people think that after the conference, the good news will be exhausted and the bad news will be bad. In fact, it is not wrong to look at it this way. But if the speech of former US President Trump at the conference is passionate and high-spirited, what will it bring to the currency circle? I think that Trump, a supporter of Bitcoin, will bring long-term benefits to the currency circle if he runs for president. Regardless of whether he can be successfully elected, At least there is an important figure who is optimistic about cryptocurrencies. If he succeeds in the presidential election, it will naturally be super good news. Bitcoin, Ethereum and Binance Coin will have greater room for development. I look forward to Zhao Changpeng's return to make great plans. I think Mr. Zhao should express his attitude to support Trump's campaign after his return. I think Bitcoin will break $100,000 before the New Year, and Ethereum will start at $6,000. I am shallow-minded, and you can criticize if you don't like it. Welcome to criticize! You are also welcome to talk about your own views,
All the Huanglongjiang faction has Bluetooth. Don’t be afraid if you are short the contract, because the person in the underworld is my brother-in-law, I will let them take good care of you. Don’t be afraid if you are long, because I will take action.
#BOME The newly opened contract is 0.0139, with no stop loss, no forced liquidation price, and a take profit price of 0.05200. The phone is about to be turned off. It will be turned on in half a month. @BOME dealer, please, let me take profit.
Ten moral principles for altcoin contracts 1. When opening an altcoin contract, first look at the 24h contract turnover 2. Open an altcoin contract and look at the 24h spot trading volume 3. Expand and see whether the trading volume of the 15k line is concentrated or dispersed 4. Pay attention to asset management fees (you must have a deep understanding of what asset management fees are) 5. Try not to open short orders, altcoins can do anything. 6. For light position operations, enter the market in batches, and try not to have a liquidation price for long orders. 7. Try not to open multiple contract orders at the same time 9. When the odds of winning are low, make a quick decision and don’t be greedy for short-term benefits or repayment of capital. 10. Learn how to hedge long and short when you are not sure Note⚠️The risks of spot and contract altcoins are actually the same
There are still many things to pay attention to. You can share them in the comment area to avoid pitfalls. #BOME #badger