A friend privately asked how to manage positions reasonably for opening and placing orders in the current market conditions of $BTC , $ETH , and $SOL . So currently, my entry positions (for reference only)
⭐ BTC (for example, planning to open a total of 1 BTC long position)
🌕 Initial position: around 87700-88088, here I enter 0.2
🌕 First add-on position: around 85100-85303, here I add 0.3
🌕 Second add-on position: around 83200-83506, here I add 0.3
🔥 How big is the position: for example, after I open one BTC, my liquidation price is still below 70k, I will only open 1 BTC
⭐ ETH (for example, planning to open a total of 10 ETH long positions)
🌕 Initial position: around 2940-2985, here I enter 2
🌕 First add-on position: around 2828-2840, here I add 3
🌕 Second add-on position: around 2718-2728, here I add 3
🔥 How big is the position: for example, after I open 10 ETH, my liquidation price is still below 2000, I will only open 10 ETH
⭐ SOL (for example, planning to open 100 SOL long positions)
🌕 Initial position: around 128.8-123.6, here I enter 20
🌕 First add-on position: around 116-118, here I add 30
🌕 Second add-on position: around 97-100, here I add 50
🔥 How big is the position: for example, after I open 100 SOL, my liquidation price is still below 70, I will only open 100 SOL
👉 The position has not been fully entered, so there is no rush to place stop losses. The above points are also suitable for spot trading, with the same initial position ratio.
👉 The add-on positions are prepared considering extreme large-scale market movements, so there is no need to worry that it will definitely happen. If it doesn't happen, don't chase to add, just take it as it comes.
