1 Position Management (That post made 4 hours ago—position management was calculated incorrectly; please correct it again)
2 How to enter the trade and how to exit
Answer 1: For example: 5% of 1000 is 50. Now the extra points you enter at are 73; the lowest is 68. Buying one means you lose 5, so you would just buy 10 of them. If you open at 100x leverage, you’re buying 10; if you open at 10x leverage, you’re also buying 10. It’s related to the loss on that trade, not to the leverage. You need to know how much you lose on this trade, and then you’ll know what quantity to buy. Now you enter at 73; the low is 63. If one loss is 10, then you buy 5, and the total loss is still 50. With 100x you buy 5; with 10x you still buy 5—so it’s not about leverage.
Answer 2: I’m a trend trader, and I’m also a “wallflower” (i.e., I stick to the standard rather than predicting points). Don’t ask me which exact point I see—I have an entry standard and an exit standard. I only follow the standards, not the specific price levels. In long scenarios, I go long based on support: the initial 4-hour support, the daily support, the weekly support. Exit standard: if over 1 hour it doesn’t make a new high, if over 4 hours it doesn’t make a new high, or if on the daily timeframe it doesn’t make a new high or breaks down—then a break on 1 hour or a break on 4 hours are exit standards.
For SNDK: I’m bullish on the 4-hour, bullish on the 1-hour, then I wait for a pullback; on the 15-minute timeframe I look for short signals. The daily resistance is 1695.42. Over the next two days, first we’ll see if it can strongly stand above the daily timeframe.
Entry recommendation: Right now, it’s at the 1-hour support level. I recommend going long by relying on the 4-hour support. It’s currently in a pullback. In the next two days, the rise will be greater than the fall. Over the next two days, the outlook is still bullish.
Don’t ask me what point the pullback will reach, or what point it will rise to—I’m not a fortune teller. I don’t know. I only follow the trend. I’ve already said the direction for the next two days: first, see if it can strongly hold above the daily timeframe. Take it one step at a time…
Everyone, don’t keep asking me about when to exit—look farther into the future. Focus on what happens in the next two days, not what’s happening right now.
2 How to enter the trade and how to exit
Answer 1: For example: 5% of 1000 is 50. Now the extra points you enter at are 73; the lowest is 68. Buying one means you lose 5, so you would just buy 10 of them. If you open at 100x leverage, you’re buying 10; if you open at 10x leverage, you’re also buying 10. It’s related to the loss on that trade, not to the leverage. You need to know how much you lose on this trade, and then you’ll know what quantity to buy. Now you enter at 73; the low is 63. If one loss is 10, then you buy 5, and the total loss is still 50. With 100x you buy 5; with 10x you still buy 5—so it’s not about leverage.
Answer 2: I’m a trend trader, and I’m also a “wallflower” (i.e., I stick to the standard rather than predicting points). Don’t ask me which exact point I see—I have an entry standard and an exit standard. I only follow the standards, not the specific price levels. In long scenarios, I go long based on support: the initial 4-hour support, the daily support, the weekly support. Exit standard: if over 1 hour it doesn’t make a new high, if over 4 hours it doesn’t make a new high, or if on the daily timeframe it doesn’t make a new high or breaks down—then a break on 1 hour or a break on 4 hours are exit standards.
For SNDK: I’m bullish on the 4-hour, bullish on the 1-hour, then I wait for a pullback; on the 15-minute timeframe I look for short signals. The daily resistance is 1695.42. Over the next two days, first we’ll see if it can strongly stand above the daily timeframe.
Entry recommendation: Right now, it’s at the 1-hour support level. I recommend going long by relying on the 4-hour support. It’s currently in a pullback. In the next two days, the rise will be greater than the fall. Over the next two days, the outlook is still bullish.
Don’t ask me what point the pullback will reach, or what point it will rise to—I’m not a fortune teller. I don’t know. I only follow the trend. I’ve already said the direction for the next two days: first, see if it can strongly hold above the daily timeframe. Take it one step at a time…
Everyone, don’t keep asking me about when to exit—look farther into the future. Focus on what happens in the next two days, not what’s happening right now.
