Many people don't understand the significance of adding to a position. Adding to a position is about using a very tight stop-loss to achieve a high reward-to-risk ratio. Take tonight's trade as an example: entering at 3190 with 1% of your capital, adding at 3160 with 2% of your capital, so your average entry price becomes 3170. The recent high rebound was to 3194. With 3% of your capital, you could capture 24 points; with 1%, you capture 30 points. The 50-point profit is much higher. My strategy is mainly short-term: with 1% of your capital, taking 25-30 points can be enough to exit most positions, while keeping some reserve for the second and third targets. When adding to a position, capturing 20 points should be enough to exit most, rather than sticking to the initial first, second, or third targets.



Everyone should spend at least 30 minutes watching the US stock market because of its quick volatility. Usually, within 30 minutes, you can resolve the trade—either stop-loss or take profit. After all, you're not in my community, so I can't notify you immediately to take profit, reduce your position, or stop-loss.

Please refer to this: my added positions generally tend to rebound. How much you want to profit from the rebound depends on you. Unless there's a news event causing a sharp spike, anyone who comes in will likely have to exit at a loss.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
小本回血中vip
· 9h ago
How to join the community
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)