For example, with this short position at the top, you think achieving 3x is enough and want more pattern development. At this point, you need to lower your stop-loss and take-profit levels, which may lead to profit retracement. Therefore, it is recommended to take profits in batches regularly, based on the level set by the strategy. How to understand the cycle size of the position? For instance, the Ethereum short position we set earlier at around 3435, with the first take-profit at above 3100, and the third at around 2936. This clearly indicates a larger scale, with the potential to absorb such a move. Ultimately, the price dropped below 2900, and all take-profit levels were triggered and completed. Subscribers should develop the habit of taking profits in batches. Later, I will refine the strategy to include a new level!! Adding a forward T+0 trading approach, which is a rolling position strategy, because most people currently do not roll positions, so I haven't emphasized it much.
Rolling positions require foresight: 1. It must be in the context of trend prediction (this tests whether the trend judgment is correct) 2. Pyramid-style position adding management (adding position management mindset, with smaller additions as the position increases) 3. Signals are divided into left-side rolling and right-side signal rolling
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For example, with this short position at the top, you think achieving 3x is enough and want more pattern development. At this point, you need to lower your stop-loss and take-profit levels, which may lead to profit retracement. Therefore, it is recommended to take profits in batches regularly, based on the level set by the strategy. How to understand the cycle size of the position? For instance, the Ethereum short position we set earlier at around 3435, with the first take-profit at above 3100, and the third at around 2936. This clearly indicates a larger scale, with the potential to absorb such a move. Ultimately, the price dropped below 2900, and all take-profit levels were triggered and completed. Subscribers should develop the habit of taking profits in batches. Later, I will refine the strategy to include a new level!! Adding a forward T+0 trading approach, which is a rolling position strategy, because most people currently do not roll positions, so I haven't emphasized it much.
Rolling positions require foresight:
1. It must be in the context of trend prediction (this tests whether the trend judgment is correct)
2. Pyramid-style position adding management (adding position management mindset, with smaller additions as the position increases)
3. Signals are divided into left-side rolling and right-side signal rolling