The contract transaction launched by Okex is a relatively cool transaction at present. Leveraged trading can make users small and wide, but at the same time, the risks are multiplied, and high risks and high returns are obtained. What should a novice lever pay attention to when starting a contract transaction?
Beginners initially suggested making a contract of 10 times instead of 20 times.
Leverage risk: this is easy to understand. For example, if you open a position with leverage of 10 times, the price drops by 2%, and the corresponding loss is 10 times, with a loss of 20%. Moreover, these transactions are not as small as stock fluctuations, and the rise and fall of 1% is very random. It is possible that there are big cows and big villages on this platform.
Risk of buying and selling: Many novices have the experience of investing in stocks and think they are old birds, but here you should treat yourself as a newcomer, a rookie and learn. The leverage risk of Okex's contract trading is very high. You can also set a trigger price, but when it plummets, it is too late to close the trading. For example, if you open more than one order and set a price to trigger the closing stop loss, for example, 10 yuan, but when the price suddenly drops from 10.5 to 9 yuan, it is possible that the trigger price of 10 Yuan You can't be closed because it falls too fast. This is mainly about the liquidity of the contract, so it is necessary to make it clear that the contract must be liquid. On okex, you can choose mainstream contracts such as btc, eth and eos. , while BTG, XRP and BCH have low liquidity. You can solve it yourself.
Opening strategy: The contract trading here is actually a zero-sum game. When you make money, someone is losing money. If you want to make money here, you must know how to operate contract trading better than most people. One thing that novices must pay attention to is to control positions. It is suggested that novices who have just started to do contracts should not put too much money into it. Thousands to tens of thousands of dollars is enough, and the contract doesn't need a lot of money to play. Let's talk about opening positions here. For example, your capital is 6,543,800 yuan. I suggest that you divide your position into 4-6 positions, with 654.38+0 positions for each transaction, so that even if you make a mistake in trading, the loss will not be great if you stop in time. Of course, I will talk about stop loss strategy later. The control of the position determines your profit, and making money is nothing more than minimizing your trading losses and maximizing your profits. In addition, okex contracts have leverage of 10 times and 20 times, so it is recommended to use leverage of 10 times, and 20 times leverage is easy to explode, which is too risky.
Selling strategy: it should be said that it is a liquidation strategy here, which is divided into two situations, one is profit selling and the other is stop selling. Sell by profit. After the profit reaches a certain level, it is recommended to sell in batches. Within a price range, a batch is sold at the corresponding price. For example, when the contract price was 100 yuan, you made 100 contracts, and now it has risen to 150 yuan. The take profit range can be set to 130- 148. 13 1 yuan sell 10 contract, 132 sell 10 contract ... 140 sell 10 contract. The purpose of this setting is to say that if the price continues to rise and does not trigger the price you set, then your contract will continue to make money. If the price drop triggers half of the contract, half of the contract does not trigger, and then the price stops falling and rises, then your other half of the contract can still make money, your price cost is very low, and your mentality will be twice as good as that you buy now; If the price reverses, all the set contracts are triggered, which proves that the trend of this wave of market has also reversed. You can consider making new contracts or taking a rest and observing.
What about the stop loss strategy? It is the same. Divide into several batches, or take the above contract as an example, and make 100 contracts at the price of 100 yuan. Then stop when the stop-loss price is 15% and 30%, because as we said above, the price fluctuation of 1% is very random. If your contract income will fluctuate 10%. Of course, there are also some stops and profits achieved through support and pressure, which we will talk about later.
Position strategy: control the position, which almost everyone who makes a contract should know. Because the position control is not good, it is easy to explode. We came here to make a contract to make money, not to pay tuition, not to do public welfare. The position strategy mentioned here is divided into two situations. When the trend is unknown, small positions attack, even if the money is lost, it is small money; When the trend is obvious, we will operate in half positions and heavy positions. This is our one-sided market, so we must make a heavy attack because we want to make a lot of money in this part.
Jiacang strategy: Many old birds who have worked hard in the stock market for many years will make up their positions when the stock falls to reduce the buying cost. However, in currency trading, this operation is not recommended, because the fluctuation is too large, and the leverage will be amplified, and the position will be exploded in minutes. Beginners are advised to add more positions and add positions in batches when the contract in your hand is profitable. You can refer to the strategy of opening positions. In a loss-making contract, you must, must, must not add margin, learn to stop loss, and would rather cut the meat and reopen the position than add positions in a loss-making contract.
Money market friends, if interested.