Anonymous-User-c9018
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Risks that newcomers or novices in the cryptocurrency circle need to be aware of
1. Do not trust the so-called signal teachers in the square; 95% of them are here to cut your rebates. They will make profit charts look very appealing to hook you in. If you insist on going in, at most take 10% of your position to follow, because there is a high probability that it will go to zero.
2. When trading contracts, always set a stop-loss for each position. Create a trading plan and test your trading plan over 100 times or more in the K-line replay function, recording your profits and loss ratios. Finally, calculate whether your expected value is positive. Do not rush to close positions with floating profits, and strictly enforce stop-loss on floating losses, sticking to your trading plan.
2. When trading contracts, always set a stop-loss for each position. Create a trading plan and test your trading plan over 100 times or more in the K-line replay function, recording your profits and loss ratios. Finally, calculate whether your expected value is positive. Do not rush to close positions with floating profits, and strictly enforce stop-loss on floating losses, sticking to your trading plan.
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The #TradeStories Trade Sharing Challenge is live. Showcase your trading skills, share your strategies, and earn your share of 5,000 USDC in rewards!
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