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Welcome, everyone. Thank you all for your support.
Apple iOS subscription link: https://www.gate.com/zh/profile/ Abou Teacher
These are my main trading principles: rational thinking, reasonable position management, and an appropriate risk-reward ratio.
A quick reminder to my subscribed brothers:
1) Good position management—taking 100x leverage as an example, don’t let your position exceed 5%.
2) First take-profit: take profit on half; for the remaining position, set break-even and the second and third take-profit levels.
Don’t make the lead/main position too heavy—leave room for averaging in. With 100x leverage, your total position should not exceed 5%.
In a bear market, liquidity is too poor. Avoid getting completely “chased down and eaten up” by quant traders/algorithms—try not to place orders, especially don’t place orders for take-profit and stop-loss.
The single entry points for trend patterns posted on the plaza are not live real-time orders. I’ll do my best to help everyone get on safely. When the trend changes and it’s time to act, I will notify you. If you don’t have take-profit points, I will also notify you separately. If it’s working in your favor, you can also take profit on your own.
In addition, if your entry points are not good, you must take profit in time. If your entry points are good and the price reaches the target, take profit on part of the position; for the rest, set a break-even stop loss (around the opening price).
Wishing all my fan friends day by day with abundant gains, and in this trading journey we share, I hope everyone can accumulate solid results.