#BTC# The core of the contract: stop loss

take profit is difficult for Newbie psychologically, because the trend has been determined, take profit will inevitably sell and make less money, so the essence of take profit is actually stop loss, which loses potential profits in the future.
The nature of human beings is to dislike losses. Of course, compared to losses, people dislike earning less from what they could have made. So when making a profit, few people are willing to stop loss or even just break even.
Why does BTC fluctuate so much? Simply put, first, market makers don't have enough money to pump, and second, market makers don't want retail investors to be scared away by falling too fast, so they maintain liquidity through fluctuations!
In this scenario, the strategy of Large Investors is naturally to short at high points, ensuring profit. However, retail investors have limited funds and lack the capital to withstand fluctuations. Long-term positions are easily shaken in volatile times. The only method is to take small profits and run, constantly moving the stop-loss to a safer position. However, this is very difficult and requires quick thinking, and definitely cannot be motivated by potential future profits.
How to convince yourself to take profit, it's simple, input the numbers - Enter a Position - Close Position, how much is it worth? I think it's only worth one dollar, so you set the stop-loss point at a position to make two dollars, I think that's a profit.
I will carefully organize the futures knowledge I have learned in my life and send it to subscription fans, and based on this, I will live broadcast and answer questions on the account of Commander Gao Qian.
Also, there is the Position of the contract. I don't know how you consider it. I think it must be to roll a small amount of money into a large amount, using at most 100u to open a fiftyfold position with 33u, with a stop loss limit of 50% Margin, which is 50u. If there is a profit, set the stop loss to break even as soon as possible, and set a stop loss to earn some money. In the extreme case of losing 50u, divide the remaining 50u into three parts, each with 16u at a fiftyfold leverage, to earn back the lost 50u and then use 33u for the Position.
The only thing we can decide is stop loss, take profit is determined by the market. I have emphasized this many times. Only small Position rollover is the only way out for contracts. In fact, it's the same for Spot. I hope we can make money from contract rollover and save Spot, and not use hard-earned money to enter this field.
Each time, you can invest up to a maximum of 100u. If you have bad luck, this amount of money is really just a small amount? The cost of two bottles of wine, it won't affect much. First, don't lose money, and then consider how much to earn.
#BTC# #BOME# #ETH# #DOGE#