Mastering Compound Interest for Ultra-Short-Term Trading Success
Time:2024-02-10 Click:184
Breakthrough and effective breakthrough (standing firm) are two concepts, which determine that every time a token reaches a certain point to take profit, it can cover its position to achieve more compound interest. This is the core of ultra-short-term and short-term trading. Instead of pinching one point, pinching from beginning to end, floating up and down, and giving back the floating profit repeatedly, which is of little significance. There is no skill, no technology and strategy, and it is the same as pinching the spot. Because from 1 to 5, then from 5 to 3, and then attack to 7, if you just squeeze to 7 in one breath, the profit will be 7. But after taking profit once and covering the position once, the profit is 5+2+4=11. This is the purpose and significance of covering positions. Of course, this technical requirement is to have a thorough understanding of the daily pressure levels and retracement points.In a bull market, no matter how strong the market is, every time it reaches a pressure level, there will be a retracement of at least 5 to 15 minutes. For example, when SOL is at its strongest, it will retrace by about 0.5 points. 0.5 points will result in more than 1k more profits for a position with a leverage of 10 times or more.
标签: Compound FOR SUCCESS