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- ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
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Talk about order frequency and position management.
My suggestion is a maximum leverage of 2% for the initial position and around 3% for additional purchases. In short, no matter what, the maximum position should not exceed 15%.
Unless particularly confident, do not increase your position with floating profits.
Slow is fast, or at least slow won't lead to a loss.
My order frequency is not high; I mainly focus on mainstream coins like Bitcoin and Ethereum, and sometimes I trade popular altcoins that are trending recently.
Someone told me that I should update my dynamics regularly, and I really appreciate this suggestion.
However, I must remind you again that if there are those who have a particularly high frequency of opening orders but are not copy traders, you must not trust them at all. 90% are scammers; there aren't that many good positions in the market for you to enter.
Also, those situations where long and short positions are often opened simultaneously, but the points are not very far apart, should not be trusted. This is simply a clash between the left and right brain.