$BEAT Trading Entry Key: Manage Your Position Well and You've Already Won Half

After playing with $BEAT in the crypto trading circle for 10 years, my deepest insight is that position management is the true secret to success!

Many people think that position control is just about limiting the amount of money to enter, but that's just the surface. The core is to control trading emotions—when emotions are stable, trading won't be chaotic.

Previously, a beginner I mentored, Ah Tao, stumbled because of position management. Last week, he went all in on $BEAT , and as a result, he encountered a significant drop of 5.2% in 24 hours, directly hitting the limit down.

He was instantly enraged by the market, completely lost his rationality, followed the crowd to cut losses, and then heavily bought at the bottom. The more he traded, the more he lost, and in two days, he wiped out his 3000U principal.

This is the pitfall of position management: once opposing emotions arise, the situation is completely out of control, and in the end, you fall deeper.

In contrast, experienced players like me never use more than 10% of my position for trial and error when trading $BEAT.

Even if encountering a correction like on December 19, using 10% of the position to hit the limit down is not a big deal, as long as the position of $BEAT is not high and the fundamentals are not rotten, I would even dare to continue observing.

Even if I have to cut losses, it won't be a major blow, and emotions won't collapse.

You should know that emotions affect mindset, mindset determines response, and response directly determines the outcome.

The secret to good position management can be summed up in one word: slow!

It is advisable to develop a habit of making decisions after 2:30 PM, as the market's strength and weakness become clearer at that time.

Recently, $BEAT's fluctuations after 2:30 PM have been more stable, with 15% of the 24-hour trading volume concentrated in this time period, making the direction clearer.

90% of mistakes in the crypto world are related to rushing, slowing down can help avoid many pitfalls, which is the principle of 'slow is fast.'

Don't think that only large funds need position management; it is essentially risk management and mindset management, and no technology can replace it.

Just like recently when $BEAT had a 24-hour volatility of 3.7%, with 0.6 billion USD liquidations across the network, 80% were heavy players.

Understanding position management clearly means you have truly entered the trading world, and both your mindset and profits will be different.

Those who can survive in the market and still make a profit are always the ones who dare to reach out first.

Are you ready? @bit福多多

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