Top Five Self-Risk Management Tips for Cryptocurrency Secondary Market Traders On the one hand, writing this post is to summarize and alert myself. On the other hand, I hope that sharing it can give some inspiration to many newcomers who have just joined. The five major risk management are: fund management, position management, opportunity management, message management, and mentality management. 1. Fund management: 1. Fund allocation: leave yourself a way out It is recommended that you use half of your available liquidity for trading and speculation, and keep half of the funds for real life. Stud will only turn you into a complete gambler. Affected by the gambler's psychology, all your transactions will become irrational.
Unknowingly, this drawing has been finished for more than half a month, and the target position is getting closer $95500-97000 This range is the last best entry opportunity Spot market enters directly, contracts need to wait until the pin is finished before opening, if there is not a long lower shadow, don't open it. Given the current international situation, we have to consider the worst-case scenario, which is that this bull market has ended, although the probability is not high, after all, no one can really predict the market. The slanted line below is the last barrier; if it is breached, look for opportunities to go short, and this round will be game over. However, with the beautiful nature of the market, it’s unlikely that the U.S. stock market will crash so quickly, so we can still expect a big pie of 150,000.
Unknowingly, this drawing has been finished for more than half a month, and the target position is getting closer $95500-97000 This range is the last best entry opportunity Spot market enters directly, contracts need to wait until the pin is finished before opening, if there is not a long lower shadow, don't open it. Given the current international situation, we have to consider the worst-case scenario, which is that this bull market has ended, although the probability is not high, after all, no one can really predict the market. The slanted line below is the last barrier; if it is breached, look for opportunities to go short, and this round will be game over. However, with the beautiful nature of the market, it’s unlikely that the U.S. stock market will crash so quickly, so we can still expect a big pie of 150,000.
[Practical Tips] How to improve the success rate of contract orders
The market is boring, let’s talk about some practical skills of contracts. This article still advises everyone to stay away from contracts and play with small funds. Use up to 10% of your funds to try the techniques mentioned in this article. You don’t need to look at indicators, you don’t need to look at the macro, and you don’t need any news. Just look at the K-line and draw a picture. Find two high points, connect 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, wedge, and triangle. 0 and 2 determine a line, and 1 and 3 determine a line. After reaching 3, the structure is half formed, and then wait for 4 to be determined. After 4 is determined, you can open an order, open short or long according to the direction. Then wait patiently for the break of 5 and take profit. If 5 stands firm, then stop the previous order near 5 and continue to place orders in the opposite direction.