In a volatile market, I think surviving is much more important than making quick money.
During this period, I set a few strict rules for myself: each time I open a position, I control the loss within 2% of the total position— it sounds conservative, but at least I won’t be significantly hurt by one or two mistakes. I also don’t dare to go all in; I gradually add in three to four batches, so if I make a wrong judgment, I still have room for adjustment.
I have set my take profit and stop loss to be trailing now. When the price rises, I follow it up, and when it pulls back to the right level, it automatically exits. Don't underestimate this action; it has helped me protect my profits several times.
In addition, you must keep at least 30% cash on hand; it's not just idleness—when a good opportunity comes, you need bullets, otherwise, you can only watch helplessly.
#数字货币市场回升 is the best example of the recent tug-of-war, $BTC and $ETH are also fluctuating back and forth. At such times, your principal is your biggest asset.
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In a volatile market, I think surviving is much more important than making quick money.
During this period, I set a few strict rules for myself: each time I open a position, I control the loss within 2% of the total position— it sounds conservative, but at least I won’t be significantly hurt by one or two mistakes. I also don’t dare to go all in; I gradually add in three to four batches, so if I make a wrong judgment, I still have room for adjustment.
I have set my take profit and stop loss to be trailing now. When the price rises, I follow it up, and when it pulls back to the right level, it automatically exits. Don't underestimate this action; it has helped me protect my profits several times.
In addition, you must keep at least 30% cash on hand; it's not just idleness—when a good opportunity comes, you need bullets, otherwise, you can only watch helplessly.
#数字货币市场回升 is the best example of the recent tug-of-war, $BTC and $ETH are also fluctuating back and forth. At such times, your principal is your biggest asset.