Recently, many fans mentioned that they are new to trading and don't know how to operate. When they first come in with a capital of less than 1000U, they ask me for good strategies. Today, I will share my advice. For example, if you have 1000U, divide it into 10 parts, and invest 100U each time, with a suggested leverage of 20X. Newcomers have a hard time controlling their mindset with too high a multiplier. The remaining 900U should be placed in a wealth management account. If you lose 100U, you must not think about averaging down. If you lose everything, the first thing you should do is reflect and summarize, then take a break for 1-2 days. Don't be afraid of missing market opportunities; Bitcoin's volatility can happen at any time. There are significant fluctuations every month, and it depends on whether you are lucky enough to play. After adjusting well, you can take the remaining 900U, divide it by 10 to get 90U for each part, and invest it again. This time you need to be more cautious, striving to earn that money back. Suppose you make 300U this time; you keep 100U and transfer all the remaining 200U out. This way, you will feel more at ease, and your mindset will improve significantly. Never invest everything at once; if a black swan event occurs, you may lose it all in one go, and you'll have to start over. Objectively speaking, for contract trading, you should use a leverage of 10X. If your direction is wrong and it drops by 10%, you will be liquidated. Even with BTC, a 20% fluctuation in a year is very normal. If you always go in with full leverage, all your previous profits will be meaningless, as it will ultimately return to zero. No one can guarantee that every time you trade, you will be right. A skilled trader with a 60% success rate is considered impressive. Therefore, position management is very important. Even if your win rate is 90%, one mistake can lead to irreversible losses.
Learn trading knowledge, implement light position operations, and reduce losses. Most people lose money in trading because they do not understand the market well enough and do not know how to control positions and manage risks. Therefore, avoid increasing positions when feeling unwell and instead reduce or close positions. If your losses exceed 2% of total capital in one day, you should be alert. When losses reach 6%, clear all losing contracts and set a breakeven price for profitable contracts before taking a break for at least 2-3 days. Chasing after price increases is dangerous; unless market conditions are clear, do not blindly chase prices. Be cautious when increasing positions after making a profit, especially after significant profits; new positions often lead to failure. If you want to increase positions, either act immediately or wait for a major pullback to end, following the pyramid method for increasing positions. When margin profits exceed 200%, set a 40% pullback stop-loss for half and a breakeven stop-loss for the other half. This is to protect profits and ensure that significant gains do not turn into losses. Never trade when you are in a bad mood, feeling down, or troubled by life. If you have overall losses in the past 24 hours, you should also take a break for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable entry points. For correct trades, correct decisions can lead to ongoing profits.
Newcomer suggestions:
Small funds, starting from 30-50U
High leverage, 20 times leverage
Stop loss: set a stop loss when entering, with a loss of 20-30 dollars
Take profit: hedged take profit (profit pullback 30%, take profit strategy)
Withdraw profits; deposit starts from 500-1000 USD each time in blockchain
#CPI数据来袭 #加密圆桌会议要点
