Opening and adding positions must be carried out in batches, and lightening positions should be gradually reduced or cleared directly according to the actual situation.

Two. Operating basis for opening and lightening positions:

1. Technical aspects: including technical indicators, K-line patterns and trading volume. Trend judgment, distinguishing between bulls and bears, grasping trading points, supporting pressure judgment, space-time application of quantity and price.

2. Fundamental analysis: including relevant macroeconomics, national policies, supervision and the project itself.

3. News: Bad news and good news. Use good news and fundamentals to operate.

4. Time period: short-term, medium-short-term, medium-long-term and long-term (trend trading) in the day, and confirm the trading period to achieve the consistency of the operation period. For example, for long-term trading, do not frequently operate short-term trading. When making a long-term trend, the adjustment fluctuation in the middle is acceptable. As long as there is enough space and it is the mainstream currency, the price will rise again.

Third, open positions:

Refers to the behavior of bullish on a certain currency for initial buying, and positions are divided into left positions and right positions. The way to invest is to follow the trend. Taking advantage of the trend is the most conventional way to open a position, and the risk is relatively minimal. The biggest feature of the trend is persistence. Use the continuity of the trend to increase positions to obtain higher returns and low risk rate.

According to your own trading system and maximum loss tolerance, establish the capital and distribution ratio of opening positions. It is suggested that the funds for opening positions for the first time should not exceed 30% of the available funds, and the pyramid should be used to buy in batches, first open positions, explore the direction, meet expectations and then gradually add positions.

It is best to choose mainstream currency or potential value currency to buy positions, otherwise it will easily lead to the result of quilt cover.

2. Timing of opening positions: There are three stages:

(1) Before the market starts: the megatrend refers to the end of the bear market, and the short and medium term refers to the time when there is a stop signal. Suitable for investors or investment institutions with relatively strong funds and long operation cycle. They often start to open positions before the market starts and make up positions when the market starts. The profit margin is the largest.

(2) When the market starts: the megatrend refers to the initial stage of the bull market, and the short and medium term refers to the time when there is a clear rising signal after stopping falling. It requires high technical mastery and trend judgment, and is suitable for professional investors.

3 After the market starts: At this time, the timing of opening positions is better judged, but the profit space becomes smaller. Steady investors can open positions after the market starts, but inexperienced retail investors are easy to buy at the end of the rise and chase after being quilted.

The three opportunities are good and bad, and vary from person to person. To choose the right time to open a position, we must first analyze the fundamentals through technical aspects, judge the market trend, as well as the rising and falling space and trend duration, and then enter the market to open a position. After judging the market situation and trend, we should weigh the potential risks and profit expectations, and choose the right time to enter the market on the basis of fully considering our own risk tolerance. But don't expect to buy at the lowest point every time.

Third, jiacang:

What is jiacang: refers to the behavior of continuing to buy because of continuing to be optimistic about the market outlook. Reducing positions is the opposite.

1. The essence of jiacang: jiacang is an investment skill and a tool to increase income. Therefore, only adding positions can help investors achieve the above objectives, and it is of use value, otherwise don't blindly add positions.

2. The basic principle of jiacang:

① No profit without adding positions: gradually add positions under the premise of ensuring profits.

(2) No retracement, no jiacang: No chasing up, jiacang on dips and callback to support positions.

3 Don't add positions without a clear direction: Don't add positions at the end of the bull market, the beginning of the bear market, the sideways stage and the small fluctuation range. When the market is in the rising stage, or when the bottom of the bear market stabilizes, the winning rate of jiacang is even greater.

4 Light positions can be added, but heavy positions can't be added. When 80% positions can be added, don't consider adding positions.

⑤ Add positions when you see the obvious signal of adding positions. For example, good news, technical support level, breakthrough pressure level and so on.

⑥ Add positions in batches to determine the proportion of investment funds, and add positions by increasing or decreasing positions and adding positions equally.

⑦ It is best not to add positions for more than three times in a row. The more times, the more expenses.

⑧ Don't add positions when the support falls below, but add positions when the support is effective.

Be sure to add positions, otherwise every extra position will increase greed and fear, and also increase risks.

4. Reduce positions and close positions:

Lightening positions refers to the operation of selling some positions, usually because of the uncertainty about the market outlook and participating in the operation of making profits or reducing losses. Liquidation, also known as clearance, refers to the act of confirming that the market is weak and selling all.

1. The essence of lightening positions: lightening positions when risks come can reduce risks and losses. A means and skill of lightening positions and making profits when obtaining excess returns. Don't relax because of your feelings and emotions.

2. Premise of lightening positions:

(1) In combination with the investor's ability to resist risks, it is necessary to lighten the position beyond the tolerance range.

(2) Combined with the investors' investment objectives and plans (stop loss and take profit), for example, the maximum loss of each transaction is set at 5%, and the positions are reduced when the set value is reached. When the profit is set at 10%, the market starts to stagnate when it reaches part of the profit, and there is a reversal signal, so it should lighten the position and increase the position at a low level.

(3) When there is a downward signal on the technical side or the fundamentals of the news are negative, lighten the position.

3. Timing of lightening positions:

① The upward trend lightens the position. 2 lighten up when rebounding. ③ lighten the position at the high point of the shock range. 4 the position is heavy, and it will lighten the position when it meets the previous 2.3 points.

4. Reduce the burden skills:

(1) lightening positions is the subsequent operation of adding positions. When there is profit after jiacang, it lays the foundation for lightening positions, and short-term operation is profitable.

③ Rebound to an important resistance level to lighten the position during the decline.

(4) When the upward trend is broken, lighten the position.

⑤ lighten the position when several technical indicators verify the downtrend signal, such as dead fork, overbought and multi-moving average downtrend.

5. Closing positions and clearing positions: The number of closing positions is relatively small.

(1) Achieve the expected profit, don't be greedy, and clear the warehouse.

(2) Continuous decline and decisive clearance.

(3) according to the impact on the market, when there is a major negative and long-term impact, the warehouse will be cleared.

④ Clearance at the end of bull market.

⑤ Clear positions when changing positions, such as clearing positions when the investment target is wrong or the holding currency fluctuates for a long time.

In operation, adding positions is conducive to expanding profits, reducing positions is conducive to reducing risks and is more effective in consolidating the market. Stop loss must be set for adding positions in the futures market. When the market turns downward, you should gradually lighten your position, and don't go against the trend. If the market continues to develop upward, gradually increase the position. When holding mainstream currency for long-term operation, you can make up positions in the short-term decline process and reduce costs.

Only by maintaining a good attitude, refusing to feel trading, looking at the market rationally and objectively, and constantly summing up the actual operation, can we cope with various possible market changes, get in and out moderately in the operation, take the initiative, and finally establish a position control strategy according to our own experience, so as to achieve the goals of less quilt cover, no stepping on the air, less risk and high profit.