The so-called plan, including how to execute it, I believe, in the process of my maturation, reflection, and preparation, needs to be discussed with you.



In the past, I could increase my funds by dozens, and sometimes even hundreds of times, constantly opening trades, and I hardly had a day with empty positions. I noticed one problem: I doubled my funds, mainly over a short period of time, opening ten trades, each of which brought only a few percent. This actually contradicts the profit-loss ratio in trading. All these trades were opened in the middle of the moving average, and the price fluctuations were not sufficiently defined. The right approach is to learn to hold empty positions and enter the market at key levels: breaking new highs or lows when the price starts to correct or rise with insufficient strength. Then, consider entering the market with control at a 3-5 times leverage level, using low leverage. I made many trades and noticed that if the direction is right, 3-times leverage applied when trading can actually work like 30-times leverage. The only difference is that the risk of 3-times leverage allows earning money equivalent to 30-times leverage after completing one market movement.

The entry point is very important; by avoiding situations with extreme market fluctuations, unnecessary position holds can be avoided. In fact, operations with 3x leverage, as well as profit-taking and arbitrage operations, are very safe.

The deal must also have a ratio of 3:1, earning 3, retracing 1.

There is no need to spend ten orders to earn 3 if one order retraces by 1.

reduce the level of errors, because out of ten times there can always be one error in the assessment,

In nine cases, there must be a certain return coefficient.

First, understand the power of compound interest, 10% per month for twelve months is

350%, 20% each month for twelve months — that is 800%, at this moment there will be one

It is necessary to clearly understand your position.

There is no need to continue using tenfold or twentyfold leverage to earn hundreds in a month.

Several hundred percent, there is indeed such an ability, but the results are always not durable.

For a long time, if I say that I reduce the yield by several hundred percent every month to

10%-30%, natural risks will also decrease tenfold, how else to reduce risk

Risk? Then I will execute 10%-30% through 3 orders, reducing leverage.

Low, even close to spot 1.5 times, to avoid the possibility of liquidation.

Because it involves your low leverage and a huge room for liquidation.

You have endless opportunities for arbitrage, which guarantees survival and consistency.

Arbitrage within the same range of fluctuations, using pinbar and various indicators for conducting operations,

10%-30% is really not difficult.

Why 5000u? It's just a threshold for me.

I won't speak for everyone, but it seems to me that 5000u is suitable for me.

I can do this without the need to earn by hundreds of percent, I can also do it for 5000u.

I definitely entered the market this month without the risk of liquidation, finished with two or three orders.

10%-30% is also sufficient, there is no need to strive for high returns, there is no need to open trades frequently, there is no need to act in advance under uncertain entry conditions to avoid unnecessary risks.
strong position
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)