$HEMI We want to earn U for a lifetime instead of just earning U for a lifetime.

$USTC Brothers, today K God will share some practical experience on contract trading:

$PENGU First, when you make a profit, you need to protect your profits. For example, if you buy a coin and it rises by more than 10%, you need to be careful. If it falls back to your purchase price, sell it immediately without hesitation. If you make a profit of 20%, then you need to set a rule for yourself: you can't sell until your profit is at least 10%, unless you are sure this is a temporary peak; otherwise, don’t act easily. The same principle applies: if you make a profit of 30%, then you should at least protect 15% of your profit before selling. This way, even if you can't technically identify the peak, you can still let your profits roll in.

Second, if you lose money, you must stop-loss decisively. If you buy a coin and lose 15% (you can set this number yourself, but 15% is a reasonable reference), then you need to quickly cut your losses and exit. This is to stop losses in time and avoid getting deeper into trouble. If it rises later, that’s okay; it means your entry point was incorrect, and that’s a wrong trade. Mistakes come with costs, which means losses. You must remember to set stop-loss every time you open a position; this is a must-have condition for trading coins.

Third, if the coin you sold drops, you should buy it back at the original price. If you sell a coin and it drops, but you still have confidence in it, then buy back the same amount of coins. This way, the number of coins you hold doesn’t change, but you have more funds available. If you sell and it doesn’t drop much, and you don’t buy back, then if it rises back to your selling price later, you must unconditionally buy it back.

Although this may waste some transaction fees, it can avoid a lot of missed opportunities. This principle can be combined with the stop-loss principle: buy back when it returns to the original price, and stop-loss if it drops again. If you operate this way multiple times and find that the price of this coin is always unstable, then you need to choose a new entry point.

In short, short-term trading of coins must adhere to principles. Quick entry and exit do not mean random actions; chasing hotspots does not mean reckless collisions; taking profits does not mean being timid; holding cash and observing does not mean exiting the crypto circle. Don’t get too caught up in the lowest and highest price points for buying and selling.

An individual is weak; it's better to follow the big team! The direction is already pointed out; it depends on whether you can keep up!