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5/16 Operating steps today
Last night, the average price of the order should be around 2225, with long positions and increased positions
Have you reduced your profits after adding positions?
Adding positions are all for risk management, profits should be reduced when taking profits.
First, observe the rebound situation for short positions
2283 short, 2341 add to position, 2370 stop loss
2187 long, 2160 stop loss (not necessarily reached)
Next is position management, which is very important. Calculate according to your proportion.
!! Very important !!
If it first goes up
Suppose after reducing your position, you still have 10 ETH long orders at an average price of 2225.
When it reaches 2283, you don’t need to take profit, directly open a short position of 6 ETH.
If it continues upward, at 2341, open 9 ETH short positions.
I will send the short position take profit levels later.
If it first goes down
Because you have reduced your position, add again at 2187, then set a stop loss at 2160.
Look at the specific situation as it unfolds.
If you don’t understand, just ask.