ChengJing
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A brother asked me why I use such low leverage.
I want to say that low leverage allows for longer holding periods.
The core of low leverage is trading risk for controllability, especially in the highly volatile environment of the crypto market. Preserving your principal is always the number one rule.
You can also pay more attention to those high-leverage traders—not saying it's 100% of the time, but most high-leverage traders disappear after a while. Either they get liquidated or can't handle the losses, which clouds their original trading intentions and leads them into a never-ending road of
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ChengJingvip:
This message is for myself as well as for all of you brothers.
$ETH The trend remains unchanged today, both longs and shorts should trade within yesterday's range.
Remember to take profits.
Position size 1%-3%, don't go all in.
I've caught the flu, pushed through to finish watching the market, won't be posting today.
I might go live later to chat about the market with everyone.
ETH-4.06%
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$ETH Congratulations on earning 160 points from the Ethereum short position
Closed all positions without holding out
Secured a solid profit
Thank you for your support, brothers
ETH-4.06%
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The strategy provided at noon successfully secured another 80 points.
ETH-4.06%
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$ETH Midday 3220 strategy, second order opened (originally planned for three, but missed one)
Remember to focus on defense
Add to the position at 3240, stop loss at 3260
Position size should be controlled between 1%-3%
ETH-4.06%
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$ETH Evening strategy: open position at 3160, add to position at 3140, precisely set.
Average price around 3150.
Currently secured 70 points.
Personal suggestion: close all positions.
ETH-4.06%
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The short position at #ETH 3220 has already gained 80 points. Friends, you can take profit on 70% and set the rest to breakeven.
ETH-4.06%
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$ETH eth3160 long entry
Add position at 3140, stop loss at 3100
Take profit around 2200
Short entry around 3220, stop loss at 3250
The overall market outlook is still bearish
Recommend opening a position with 1%-3% of your funds
Please manage your positions well, no one can win every time
ETH-4.06%
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The recent short-term ETH long position has just taken profit.
Congratulations on gaining 50 points.
ETH-4.06%
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$ETH ETH Strategy
Today's resistance level is 3250; if it doesn't break, still bearish.
Short suggestion: go short at 3220, add at 3240, stop loss at 3260.
Long suggestion: open at 3170, add at 3150 and 3120, stop loss at 3100.
Position size should be controlled between 1-3%.
Do not over-leverage.
The overall market is still bearish.
Today's aggressive strategy is to go long at lows and repeatedly short in the 3230 range to catch pullbacks. All suggestions should have a 20-point stop loss.
For a conservative approach, just follow the suggestions above.
ETH-4.06%
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