In the cryptocurrency world, friends with a capital of less than 2000U wanting to make a comeback with small funds should not enter blindly.
Today, I will share a trading strategy for BCH to talk about the rules for making money while protecting your capital.
First, let's look at the trading strategy for BCH: Use a 1x long-term layout for short positions, entering near the previous high in the 620 - 640 range, with resistance at the 600 level, where a base position can be established.
Confidence level is moderate, with 15% of the position used each time. Take profit is divided into short-term and long-term; for short-term, to be cautious, you can take half near 600, or be more aggressive and take profit near 550;
For long-term targets, first look at 450, with the final target next year being 280. In terms of stop-loss, a 1x position will not cause a liquidation; just hold on if you're in a losing position.
Do not set limit orders at whole numbers to prevent false breakdowns and false breakouts; set stop-loss orders a bit higher and adjust the profit-loss ratio to improve the win rate.
After discussing the strategy, let's talk about the three iron rules for making money while protecting small funds.
First, divide your capital into three parts and keep a good exit strategy.
Taking 1500U as an example, use 500U for intraday short-term trading, focusing on BTC and ETH, with a profit target of 3% - 5%, making 1 - 2 trades a day, and avoiding altcoins; 500U for swing trading, wait for the 4-hour K line to break through and volume to increase before entering, holding for 3 - 5 days, aiming for a profit of 15% - 20%; the remaining 500U is kept as "emergency funds," not to be touched in extreme market conditions.
Second, only follow the trend and avoid choppy markets.
In the cryptocurrency world, 80% of the time is spent in sideways movement; wait patiently for clear signals, and if profits reach 12%, withdraw half of the earnings, seeking stability with a small capital, accumulating little by little.
Third, prioritize rules and control your hands.
Each trade's stop-loss should not exceed 3% of capital; must exit at the point; if profits exceed 5%, reduce the position by half, setting the remaining position to stop-loss at the cost price; never add to a losing position, and do not let emotions dictate your actions.
The advantage of small capital lies in flexibility, but the greatest fear is the gambling mentality of wanting to make a huge comeback.
By following the rules to protect capital and accumulate profits, turning 1500U into 30,000U is not a difficult task; the key is to maintain discipline and patience, following this "light" to navigate the cryptocurrency world and achieve success is not a dream@慢慢赢_带单笔记
