The market is boring, so let’s talk about some practical skills of contracts.
This article still advises everyone to stay away from contracts. You can play with small funds and use up to 10% of your funds to try the techniques mentioned in this article.
You don't need to look at indicators, macroeconomics, or any news. Just look at the K-line and draw a picture.
Find two high points, connect them with a line, then wait for two low points to draw a line, and then 12345 is done.
As shown in the picture, it is basically a channel, a wedge, and a triangle.
0 and 2 determine a line, 1 and 3 determine a line. After reaching 3, the structure is half formed. Next, wait for 4 to be confirmed. After 4 is confirmed, you can open an order, open a short or long position according to the direction. Then wait patiently for 5 to break and take profit. If 5 stands firm, take profit on the previous order near 5, and continue to open orders in the opposite direction.
for example
For example, for BTC, the three points 012 have been determined, and now we are waiting for the confirmation of 3 and 4. The channel prediction is just a prejudgment, so no order will be opened before 4 is confirmed.
The first case: 3 cannot be determined, it falls directly below, or 2 rises directly, then find 01234 again
The second situation: 3 is confirmed, 4 goes up directly and exceeds the position of 0, then chase the long position!
Case 3: Both 3 and 4 are confirmed
Short at position 4, stop loss at 4 + 100. For profit taking, you need to see whether the position 5 is broken. If it is broken, continue to hold and decide the take profit point based on the next K-line structure chart.
If it does not fall below 5, then take profit on the short order and then open a long position to see if it breaks through the upper boundary of the channel. If not, take profit on the long order of 5 at 6 and open a short position, and so on.
Doing this kind of contract can greatly reduce the risk. Even if you stop loss, it is only a small amount. No matter how bad your luck is, you will always make a profit once in five times, right? Even if it is only a profit of 4 to 5, it is enough to make up for your previous losses or even make a profit. If it is a breakout of 5, the profit will be even more considerable.