$PIPPIN Bear Market Trading Guidelines

1. Do not exhaust all your bullets in one position

We often like to take heavy positions in one place, and if the direction is wrong, we become passive and anxious. The market often reverses at the point where you are about to be liquidated, which is due to the fact that the liquidation points of the positions we opened are publicly available online. CoinGlass shows the maximum pain points for a particular coin, and the best way to counteract this is to use limit orders and scale out your positions. Placing limit orders near the liquidation point lowers costs, and as long as the market is not in a one-sided upward trend, there will always be a chance for a pullback.

2. Locking positions, a term often used in futures, is generally not used lightly. It is usually a last resort when you are about to be liquidated. You can raise the leverage to the highest and open an equal amount of long (or short) positions to temporarily counteract the current market conditions, then unlock once the market stabilizes.

Another reason for locking positions is when the entry point is relatively advantageous, but the market does not align with the expected trend, temporarily locking in profits.