👀Briefly talk about my own copy trading ideas:
📍When choosing trading targets, I tend to prefer tokens that have performed relatively strongly in the recent sector rotation, such as the earlier Solana ecosystem and the currently popular Ethereum ecosystem.
The recent trading focus may be on Meme coins and Ethereum-related series of tokens.
🤔When executing transactions, I adopt a strategy of buying in batches, which not only makes the average purchase price more favorable, but also effectively diversifies risks.
As for the setting of the stop-profit point, I will refer to the historical highest price and the current resistance level. Taking Solana as an example, if the recent resistance level is around $185, I may choose to take profit at this price, and continue to buy when the price falls back.
🧐When trading altcoin spot, my idea is to open positions in 3 to 5 times and close them at different points. The positions left in the end will become our pure profit and can be held for a long time.
Such a strategy can ensure that there will be no selling when the price rises, and there will be opportunities to cover or re-open positions when the price falls.
😎In addition to spot trading, my community has recently launched contract trading copy trading services. In terms of contract trading, we adopt a prudent strategy, only conduct Bitcoin transactions with 10x leverage, and the transaction frequency is not high, mainly based on trends.
Interested friends are welcome to join~
