Event contract on top moment, frequent opening of orders, lost five consecutive orders, fortunately, the amounts I opened were small 😂😂😂 Originally, today's profit of 200U is now only 10U left.
Wake up early, woke up at six twenty, after waking up I opened the door to a good mood, tidied up my beautiful mood and got ready to go to work. Contracts are just a hobby, making some pocket money is enough. Everyone should maintain a calm mind.
Wishing all my friends in the crypto world smooth sailing and great wealth.
Several friends have asked me for some tips on trading event contracts, so here I will share my personal operations and suggestions.
First, you need to control your hands and avoid opening positions frequently. If you frequently open positions without confidence, you are just gambling on luck. Even if you have a 50% win rate, you will still lose on fees!
Secondly, I personally make ten-minute trades based on divergence at tops and bottoms. If the timeframe is too long, the variables become too large. I usually use 15-minute and 30-minute charts in conjunction with hourly K-lines. I start to reverse after observing more than three consecutive one-sided trends.
Next, it's important to gauge the size of your bets. When there is an opportunity to trade, start with a small bet first. Don't think you can get rich quick; those who try to go all-in often end up losing big. Of course, if there is an opportunity with over 90% confidence based on three K-lines, it’s acceptable to bet a bit more (I personally rarely exceed 50U).
Lastly, once you have opened a position, just let it be. No matter how much you watch, you cannot change the outcome. The benefit of this approach is that if one trade is not closed, don’t open a second one, ensuring you don’t get carried away.
I hope this can help those fortunate enough to follow me. If given the chance, I can also guide everyone in trading event contracts. #Personal operations in event contracts