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In a bull run market, you should aim for simpler trades than usual.
Especially in swing trades, take spot or low leverage positions. High leverage is strictly prohibitedπ
Even during a pull run, there is a risk of a 20% to 30% drawdown at any time.
If a large drawdown occurs, be brave and take a position.
If your position does not increase, do not panic and wait. In a bull run market, funds will always circulate.
When the target price is reached or the funding rate becomes excessively overheated, simply close the position.
Of course, in a bull market, getting greedy and taking short positions is not recommended.The worst thing you can do is to frequently change your position.
Please note that these are general statements only and are not investment advice but above all, keep in mind that simplicity is best.
Good Luck chii-ka! β¨οΈπ¦ 1 reply
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