BTC: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (09:00:09 ~ 10:00:09)

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1. The current recommended direction is to short BTC. The average price of the current short position is about 70,100. It is emphasized that if the price does not reach the stop loss point after the transaction is completed, the priority should be to "escape" to avoid further losses. This implies that there is a lot of short pressure in the short term and there is a risk of being targeted. It does not mention the overextension of the rally or the pullback, but focuses on quick stop loss and exit. 2. Position and Risk Control Recommendations: Short positions with a cost basis around 70100 are advised to immediately exit with cross margin if the price fails to reach the stop-loss level. It is better to take a small loss than to delay. Stop-loss opportunities are usually limited to one time only, and once missed, they are gone. This demonstrates a strong awareness of risk control. No mention is made of adding to the position or trying out new trades. Position recommendations emphasize timely stop-loss. 3. Suitable for aggressive short-term trading, emphasizing that there is only one chance to escape, reminding traders to enter and exit quickly and not to linger in positions. The strategy is based on short-term price fluctuations and risk prevention, suitable for traders who react quickly and avoid holding positions for a long time.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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