Basic knowledge about stop loss orders after opening an order! !
When you enter the market, you want to make a profit of 5 points or 10 points.
What Gouzhuang cares about is your principal. If you set a stop loss, Gouzhuang will have no chance to eat you up. If you don't stop losing at -3%, now it's -10%. What should you do? You are Should I leave? Or should I continue to take it?
So risk prevention must be ranked first! !
Just like driving, although you will never have an accident in your life, it is the same as you must wear a seat belt your whole life.
In the current market situation, the car is not driving on a country road, it is equivalent to the car driving on the highway. There may be emergencies at any time, so you must fasten your seat belt!
Let’s see what it looks like with leverage
1. When you open a leverage of 100 times, you don’t need to set a stop loss at all. After placing the order, you will set a stop loss when you turn back. Oh, if it falls by 1%, the position is gone.
2. There is no need to set a stop loss with 50 times leverage. The position will be liquidated if it falls by 2%. If you set a loss of 1%, even if the stop loss is stopped, the position has been cut in half and half of your life is gone. You might as well forget it.
3. Stop loss at -3% with 10 times leverage. After stopping loss, you have already lost 30%. If you lose three times, your account will return to 0.
4. Stop loss at -3% with 5 times leverage. Lose 15% in one order. Account will be cut in half if you lose three times.
Once you understand it, you will know how much leverage you should use. 2 times is okay, the limit is 3 times, you still have to play
Think about it, with your craftsmanship, if you open it more than 5 times, you will cry.
Things you must pay attention to! ! !
If someone calls you to get 10x or 50x leverage, don’t listen! ! If you don’t have the ability or luck to stud, the only way to get rich is slowly and steadily!
Listen to people’s advice and eat enough! ! You need to know where your leverage limit is!
If you are playing spot, you must set up a stop loss order! ! !
Knowing how much it will fall will make you feel painful, so you should store it there. If it falls again, you will definitely not be willing to sell it. The longer you delay, the more losses you will suffer. This is human nature, and you really can’t resist it! !