Contract trading skills: 1. Choose reliable exchanges (such as Binance, Huobi, FTX); 2. Understand contract types (perpetual contracts and delivery contracts); 3. Manage risks (stop-loss orders, limit orders, avoid excessive leverage) ); 4. Technical analysis (chart patterns, indicators, trends); 5. Fundamental analysis (industry news, messages); 6. Stop profit and stop loss (automatically close positions for profit or limit losses); 7. Patience and discipline ( Stick to the plan and avoid emotional trading); 8. Practice and backtest (hone skills and identify mistakes).
Coin Circle Contract Trading Tips
Contract trading is a lucrative but extremely risky area in the cryptocurrency field. The following are some effective tips and techniques that can be applied when trading cryptocurrency contracts:
It is crucial to choose an exchange with good reputation, high liquidity and low transaction fees. Respected exchanges include:
Different types of contracts have different leverage and settlement mechanisms. Understand:
Contract trading involves extremely high leverage, so risk management is crucial. Use:
Technical analysis is used to predict price movements. Learn:
Fundamental analysis of the factors that affect cryptocurrency prices. Track:
Set in advance:
Contract trading requires:
Before proceeding with live trading:
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