Compared to short-term "quick in and out," long-term contracts are more suitable for players who "don't have much time to monitor the market," but long-term trading is not about "ignoring the position after opening it"; rather, it relies on "rhythm control" and "patience" to make money, and there is a methodology behind this.
The first point: "Choose the right cycle and look at the big trend." For long-term contracts, select the "large cycle candlestick" as the basis for judgment, such as 4 hours, 12 hours, daily, and do not use small cycles below 1 hour for long-term trading — small cycle fluctuations are too frequent and can easily be swayed by short-term market conditions, making it hard to find the big trend. For example, if you look at the daily candlestick for Bitcoin and see that it has been operating above the 20-day moving average for the past 3 months, with each pullback to the 20-day moving average resulting in a bounce, this is a clear upward trend. At this time, opening long positions for long-term trades has a high win rate; if the daily candlestick is moving sideways between the 20-day and 60-day moving averages without a clear trend, then do not engage in long-term trading, as it is easy to lose patience due to "long-term fluctuations."
The second point: “Set a ‘wide stop-loss’ to withstand small fluctuations.” The stop-loss for long-term positions cannot be as “tight” as for short-term ones; it must allow for “sufficient fluctuation space” in the market. Otherwise, you might easily trigger a stop-loss with minor pullbacks and miss out on significant future movements. For instance, if you open a long position at the support level on the daily K-line with an opening price of 1000 points, you can set the stop-loss at the previous low of 950 points (5 points below). This way, even if the market pulls back to 970 points, it won’t trigger the stop-loss, allowing you to withstand short-term volatility. However, be aware that a “wide stop-loss” does not mean “no stop-loss.” If the market truly breaks a key support level (for example, if the daily chart breaks below the 60-day moving average), even if it incurs greater losses, you must decisively stop-loss — the stop-loss for long-term positions is to “guard against black swans,” not to “withstand all fluctuations.”
The third point: “Take profits in batches, don't wait for the ‘highest point’.” Long-term contracts have a larger profit space than short-term ones, but don’t think about “earning the last point.” Learn to “take profits in batches,” for example, divide the profit target into 3 parts. When the market reaches the first target (for example, a 10% increase), take profits on 30% of the position; when it reaches the second target (for example, a 20% increase), take profits on another 30% of the position; the remaining 40% can be held to watch the market. If a top divergence signal appears, take all profits. For example, if you opened a long position of 100U, when the first target rises by 10%, you can close 30U to secure a profit of 30U; when the second target rises by 20%, close another 30U to secure another profit of 30U; for the remaining 40U, if the daily chart shows a new price high but the MACD does not show a new high indicating a top divergence, close all positions. This way, even if the market declines afterwards, you can still preserve most of the profits.
The core of long-term contracts is to “earn money from trends,” not “earn money from fluctuations,” so you must “endure loneliness.” Many people panic after opening a long position when there’s no market movement for a few days and can’t help but close their positions. As a result, right after they close, the market starts to rise — long-term positions require the ability to “wait.” As long as the overall trend is intact, don’t let short-term fluctuations affect you. Remember, long-term investment is about “time trading for space.” As long as the trend is correct, the longer the time, the larger the profit space.