I haven't been in this market for long and am still in the exploration stage. I initially planned to only do spot trading, but I still wanted to experience futures trading, so I set a discipline for myself—trading no more than 10 times a day and testing with small positions.
The first few trades were mostly small losses, as the volatility of mainstream coins is too mild. I decided to shift my focus to tokens that have been quite popular recently. Today's trading taught me something: watching a certain token surge, I judged that there might be a pullback around 0.18, so I preemptively opened a short position at a high level. Sure enough, the price pulled back, and although I only gained a small profit, it at least validated my idea.
The most confusing part now is setting take-profit and stop-loss in futures trading. I feel there is still a gap between the theories I’ve learned and actual practice. Do any friends want to share their experiences?
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I haven't been in this market for long and am still in the exploration stage. I initially planned to only do spot trading, but I still wanted to experience futures trading, so I set a discipline for myself—trading no more than 10 times a day and testing with small positions.
The first few trades were mostly small losses, as the volatility of mainstream coins is too mild. I decided to shift my focus to tokens that have been quite popular recently. Today's trading taught me something: watching a certain token surge, I judged that there might be a pullback around 0.18, so I preemptively opened a short position at a high level. Sure enough, the price pulled back, and although I only gained a small profit, it at least validated my idea.
The most confusing part now is setting take-profit and stop-loss in futures trading. I feel there is still a gap between the theories I’ve learned and actual practice. Do any friends want to share their experiences?