Don't fantasize about turning a few hundred or a thousand U in the crypto world overnight!
Currently,
$BTC has fluctuated over 3000 dollars in 24 hours, and the implied volatility remains high. In this market, trading with a small capital recklessly is essentially giving away money.
Data shows that nearly 80% of retail investors with less than 2000 U are forcibly liquidated within a month.
However, in the fourth quarter of last year, a newcomer named Xiao Lin, with a capital of 1000 U, managed to turn it into 45,000 U without any liquidation throughout.
The key lies in three core trading strategies, which I have seen countless retail investors summarize as iron rules after suffering losses.
The first strategy is layered position management: use 500 U for intraday contract trading, taking profits at 3% and exiting, avoiding a transaction fee loss of 0.04% from
#MEXC ;
300 U should be allocated for the main upward trend, for example, taking action in last year's trend from
$BTC , which rose from 42,000 to 98,000, aiming for over 15% profit;
200 U should be locked as risk reserve, no matter how tempting the Meme coin trend is, it should not be used.
The second strategy is to only trade in deterministic markets: in 2024, the crypto market will be in a sideways trend 72% of the time, and frequent trading just gives away transaction fees.
One must wait for breakout signals to confirm, entering only during a main upward trend, taking some profits once reaching 25% of the principal, and setting a trailing stop to let the profits run.
The third strategy is strict adherence to trading discipline: a single loss should not exceed 2% of the principal, and stop-loss must be cut;
If there is a 5% profit, first withdraw half of the profit, and set a breakeven stop for the remaining part;
After a loss, never increase the position to average down.
I have seen too many retail investors fall into the fantasy of 'just breaking even'; the key to profit in the crypto world is not in guessing the market, but in surviving by following the iron rules.
Follow me for practical skills that can be applied, see you in the Binance chat room.
@在带单的阿猫