Stop loss if it's wrong, hold on if it's right, make big profits with small losses, make big profits and losses
Specific to each $LINK$
1. Follow the trend: Find a moving average to simply divide long and short. Only go long above it and short below it.
2. Test position: Go with the trend, go with the big trend and go against the small trend. When entering the market, you must consider the potential profit and loss $RATIO$ that is large enough, that is, this position
When entering the market, if you are wrong, the stop loss will be very small, but if you are right, the profit will be huge, usually at the bottom of the trend or at the beginning of the trend.
3. Trial position stop loss: if the key point is broken, the loss must be stopped and no luck can be allowed. If the price goes back up again, you can look for another opportunity.
Enter. Don't take chances and think that you may be able to fight back if you resist, let alone spread the losses.
4. Add trend positions: add positions with floating profits. Adding positions is the $CORE$ of making big money. The price will rise as expected and then fall back.
Adjust the support level to stop the decline or increase the price after breaking through the previous high --- follow the general trend and go against the small trend.
#crypto2023 #Layer2 #dyor #cryptonews #DeFiChallenge
Specific to each $LINK$
1. Follow the trend: Find a moving average to simply divide long and short. Only go long above it and short below it.
2. Test position: Go with the trend, go with the big trend and go against the small trend. When entering the market, you must consider the potential profit and loss $RATIO$ that is large enough, that is, this position
When entering the market, if you are wrong, the stop loss will be very small, but if you are right, the profit will be huge, usually at the bottom of the trend or at the beginning of the trend.
3. Trial position stop loss: if the key point is broken, the loss must be stopped and no luck can be allowed. If the price goes back up again, you can look for another opportunity.
Enter. Don't take chances and think that you may be able to fight back if you resist, let alone spread the losses.
4. Add trend positions: add positions with floating profits. Adding positions is the $CORE$ of making big money. The price will rise as expected and then fall back.
Adjust the support level to stop the decline or increase the price after breaking through the previous high --- follow the general trend and go against the small trend.
#crypto2023 #Layer2 #dyor #cryptonews #DeFiChallenge