How to set take profit and stop loss?
Bro's buddies can just take a look!
① For the first position, I generally do not set a stop loss at 1%. If I feel that it is close to the bottom, I may not set a take profit and hold on a bit longer! This is to ensure that my lower position is not hit, which could cause me to miss the market!
②If the second low buy point is hit, at this time I usually choose to break even or take a small profit. For example, during the day I will be more patient, but if it’s in the evening and I hit two low buy points while monitoring the market, I will choose to break even and sleep peacefully!
③ I usually only choose one for BTC/ETH, and one for SOL/DOGE, with at most two contract positions! For altcoins, I generally take small positions, it’s either profit or loss, and I never hold too many altcoin positions! 90% of the time, I trade the top four, and I rarely trade altcoins!
④ Our strategy for the first position can also refer to Saoge's method of not setting a stop loss, but we must set a take profit; after hitting the second low buy position, we can run to break even!
⑤I will explain more practical experience on take profit and stop loss in the live broadcast. You can follow Saoge and watch more of Saoge's live broadcasts, and we will resonate on the same frequency.
⑥ When trading contracts, the first factor is position management, the second factor is still position management, and the third factor is still position management!
#ETH# #BTC# #GT#