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Share several commonly used position management techniques.

Adding Positions:
1. Pyramid Adding: Buy less as the price rises, for example, buy 100 shares at $10, add only 50 shares when it rises to $11, and the higher it goes, the more restrained the additions to prevent buying at high prices.
2. Inverted Pyramid (for the bold): Conversely, buy less at low prices and add aggressively when the price rises, suitable for explosive trending markets, but can easily lead to significant losses.
3. Fixed Proportion: Maintain a consistent amount for each addition, for instance, add $10,000 every time it rises by 5%, simple and mindless, suitable for beginners.
4. Pullback Adding: Add positions only after a decline, for example, add once it drops below the 20-day moving average, but first confirm that the trend isn’t completely dead.

Reducing Positions:
1. Partial Profit Taking: Sell half when you’ve made a profit, let the remaining profits run, for instance, sell half after a 20% increase, and sell again when it rises further.
2. Trailing Stop: Move the profit-taking line according to the stock price, for example, sell all if it drops below the 10-day line, or exit if it retracts by 8% from the highest point.
3. Target Profit Taking: Set a psychological price point in advance, for example, liquidate immediately if the cost doubles, execution must be strong.
4. Time-based Profit Taking: Don’t get caught up in prices, exit when it’s time, for example, if you’re positioned before quarterly reports, regardless of whether the news causes a rise or fall, just exit.

Just entered the circle, don’t rush to follow others to make money, these few should definitely be avoided:
1⃣ Earning dozens of times in a day, chances are it's heavily leveraged, either you’ll face a liquidation or it’s just luck.
2⃣ Net value skyrocketing and crashing, high volatility = instability, easy to lose your mindset.
3⃣ Extremely high trading frequency, more like gambling than trading.
The most important thing for beginners is: don’t lose first, protect your capital so you can have a future!

Brothers who just entered the market are always eager to make money. The little capital they have painstakingly saved can quickly run out with frequent trading. If a day goes by without opening a position, they feel restless; when they do open a position, they feel anxious. Trading is not speculation; only by reducing the risk of losses and maximizing the potential for profits can one achieve a good outcome. If you don't have much capital or time, it's better to control your actions, learn more, as the friction costs generated by medium to high-frequency trading can quickly make your already limited capital tight. Why do you think your judgment can surpass others in the market? #交易心理 $BTC

This market is like an amusement park, some like to chase rising prices and sell on dips, entering and exiting quickly, which can lead to getting caught halfway up; some prefer to trade in ranges, buying low and selling high, but may miss opportunities in a strong trend; then there are those who trade on the left side, entering against the trend, and may have to cut losses if they judge incorrectly. Which one do you brothers prefer? #交易策略 $BTC

There are usually three types of people who make money from investing:

First, those who are emotionally stable. They don't get overly excited when prices rise or panic when they fall; their mindset is excellent.

Second, those who have a strategy and can stick to it consistently. They don't care how others trade; they follow their own pace.

Third, those who love to review and ponder. They don't blame fate for losses; they reflect on the issues and ensure they don't make the same mistakes next time.

It's not about who is smarter; the key is being stable, precise, and resilient. #交易心理 #交易习惯