Let me share with you two little-known but very practical order placement modes in Binance contracts. If you find them useful, you can forward them and like them. On the Binance contract interface, click "Limit Order". There is a long list of modes below. Today I will mainly introduce time-sharing entrustment and segmented entrustment and some experience and skills in use, hoping to help everyone in trading. The first is time-sharing entrustment. Time-sharing entrustment is a time-weighted average price transaction (TWAP). It can be understood that the transaction price is close to the average price within the set time. It is suitable for horizontal ranges, such as the big cake. After falling, it began to resist the跌跌, but it did not rise much. The interval was up and down. Staring at the盘很容易 to catch up with the false breakout of the upper shadow line or the loss of the lower shadow line. At this time, using TWAP to do more can ensure that the price is in the middle and lower position of the horizontal range. The stop loss only needs to be placed below the lower boundary. Within the range, the time-sharing entrustment will continue to buy and average the cost downward. Only when this range is broken will the stop loss be triggered, and the stop loss will be further compressed, magnifying the profit and loss ratio.
In addition to being suitable for use as a fuzzy precision, understanding the general direction but not being able to see the specific points of the horizontal range, time-sharing entrustment can also be used when we know there is movement but cannot stare at the盘. If we are not at ease with buying a large position at one time, we are afraid that the price is relatively poor, and we are afraid of being empty if we do not buy. At this time, it is very suitable to hang a time-sharing entrustment, and we can buy enough quantity without staring at the盘. And the cost is likely to be better than buying by staring at the盘.
Finally, there is another applicable situation. When the market breaks out when we have a bottom position, we hesitate whether to increase our position. If we increase our position, we are afraid that the floating profit will increase our position and lose everything. If we do not increase our position, we may really get out of the market and our position will not be enough. At this time, we can use time-sharing entrustment to place an order. If the market really comes out, continuous order placement will buy on the moving average, and the comprehensive cost of increasing the position will definitely not be directly hung on the tree. If the market does not continue to fall back, we will directly stop placing orders and the remaining part will not increase the position, controlling the overall position.
PS: There is a problem with Binance's time-sharing entrustment. The order is not uniform. For example, we place a 4-hour order, not 25% every hour. In fact, if you make a wrong direction (such as buying more when the market falls), the成交 speed will be approximately 30-35%/25%/23%/17-20%. The成交 ratio will gradually decrease. If you open the correct direction (chasing the price all the way), the ratio will be reversed, and only when it is really in a narrow range will it be close to 25%. Next, let me introduce the segmented order. The segmented order is the literal meaning. In a range, place a limit order in advance according to the previewed amount and proportion. It is suitable for receiving needles, and the 2-50 can maximize the成交, and there will be no situation where you see the right market direction but the result is 0.0001 and the成交 did not cause the last 1u to be bought.
There are four modes of segmented order placement: average amount, inverted pyramid, positive pyramid, and random amount. Pyramid and inverted pyramid are suitable for use when catching the bottom/topping, optimizing the buying and selling prices to the greatest extent. When all are成交, the average price is around 0.3 in the range, and the extreme values will be received when the needle is inserted. Use it once and you will know that those who stare at the盘 can't react to the price now. It is very helpful for daily transactions. Random amounts are suitable for use in fuzzy ranges. When the position is reached, the positions are reduced indiscriminately, and there will be no situation where half of the orders of the pyramid-type order are only bought and 25% of the positions are sold. You will understand the difference when you use it once.
The above is an introduction to time-sharing entrustment and segmented order placement, as well as some tricks I have come up with by myself. For me, who has manually traded more than 10,000 times in the past 3 years (the number of trades shown on the Binance annual bill is the number of times the number of成交s is roughly 100-500), the reasonable use of placing order modes can always make me earn a little more each time. Accumulation makes a lot, and it may be possible to earn one-third more profit a year. Moreover, the handling fees of the two modes are the same as those of limit orders, which are 2 per 10,000. Usually, the market price opening is 4 per 10,000. Even if you only trade 10M in a month, the handling fee can be as high as 2k knives. The living expenses come out, and it is recommended that everyone try it.
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