Hello, brothers, I am trader Zhu Yiyi. Today I will mainly talk about Binance’s newly launched copy trading function.
On August 24, Binance launched the web version of order trading. The order account is independent of the contract account. I transferred 100,000 yuan to the order account that day. The current profit is 17816u, which is 130,000 yuan when converted into RMB. about.
My self-introduction to the order interface is to patiently wait for opportunities, pursue deterministic opportunities, use stop loss, and run for profits.
Let’s talk about it here. The first one is to be patient and wait for the opportunity. I think making a contract is like a cheetah hunting. It is as quiet as a virgin and as active as a rabbit. Only when the conditions are ripe will it take action, aiming to hit the target with one hit.
The second is to pursue deterministic opportunities, that is, only do transactions that you understand and are confident about. After working in the market for a long time, you have accumulated some experience and summarized a set of money-making models. Once the market conditions meet your own model standards, , there is a high probability that you will gain something if you take action. If you do the right things repeatedly, you will realize the power of compound interest.
The third is to bring stop loss. Stop loss is like a safety rope. It can protect you to survive in this market to the maximum extent. The scary thing about not bringing stop loss is that you can succeed countless times, but as long as you fail once, you will lose. There will be nothing left.
Article 4: Let profits run and pursue a good profit-loss ratio. Many traders have this problem, that is, they make a small amount of money and then run away. As a result, the market keeps rising again and again, and they regret it. If you lose money, you will carry it until your position is liquidated. What we should pursue is to make large profits with small trial and error costs.
Easier to know than to do. With these four principles, I myself am trying to achieve the unity of knowing and doing.
Let me tell you about my specific operation strategy. I am long altcoins with a low multiple of full position. The leverage is usually 3-5 times, and the moving take profit is taken.
If you want to go short, just short Bitcoin and Ethereum. This kind of operation is relatively rare, and I am still more biased towards the long side.
The stop loss is generally placed at 5-10% depending on the situation, and is strictly implemented. After hitting the stop loss three times in a row, stop trading for three days, and then look for opportunities to operate after calming down.
The above is my general operation idea. Friends who recognize me can search for my name in Binance Copy Trading to follow. Currently, there are only 6 places left, and they are full. Thank you for your support!
On August 24, Binance launched the web version of order trading. The order account is independent of the contract account. I transferred 100,000 yuan to the order account that day. The current profit is 17816u, which is 130,000 yuan when converted into RMB. about.
My self-introduction to the order interface is to patiently wait for opportunities, pursue deterministic opportunities, use stop loss, and run for profits.
Let’s talk about it here. The first one is to be patient and wait for the opportunity. I think making a contract is like a cheetah hunting. It is as quiet as a virgin and as active as a rabbit. Only when the conditions are ripe will it take action, aiming to hit the target with one hit.
The second is to pursue deterministic opportunities, that is, only do transactions that you understand and are confident about. After working in the market for a long time, you have accumulated some experience and summarized a set of money-making models. Once the market conditions meet your own model standards, , there is a high probability that you will gain something if you take action. If you do the right things repeatedly, you will realize the power of compound interest.
The third is to bring stop loss. Stop loss is like a safety rope. It can protect you to survive in this market to the maximum extent. The scary thing about not bringing stop loss is that you can succeed countless times, but as long as you fail once, you will lose. There will be nothing left.
Article 4: Let profits run and pursue a good profit-loss ratio. Many traders have this problem, that is, they make a small amount of money and then run away. As a result, the market keeps rising again and again, and they regret it. If you lose money, you will carry it until your position is liquidated. What we should pursue is to make large profits with small trial and error costs.
Easier to know than to do. With these four principles, I myself am trying to achieve the unity of knowing and doing.
Let me tell you about my specific operation strategy. I am long altcoins with a low multiple of full position. The leverage is usually 3-5 times, and the moving take profit is taken.
If you want to go short, just short Bitcoin and Ethereum. This kind of operation is relatively rare, and I am still more biased towards the long side.
The stop loss is generally placed at 5-10% depending on the situation, and is strictly implemented. After hitting the stop loss three times in a row, stop trading for three days, and then look for opportunities to operate after calming down.
The above is my general operation idea. Friends who recognize me can search for my name in Binance Copy Trading to follow. Currently, there are only 6 places left, and they are full. Thank you for your support!