How to set take profit and stop loss?

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① I usually don't set a stop loss at 1% from the initial position, and if I feel it's close to the bottom, I might not set a take profit, I will hold more! To ensure that my lowest position hasn't been hit, which leads to missing the opportunity!
If the second lowest buy level is hit, in this case, I usually keep my capital or take a small profit and exit. For example, during the day I will be more patient, and if the evening monitoring hits two low buy levels, I will choose to exit while keeping my capital, so I can sleep peacefully!
I usually choose only one of BTC/ETH and only one of SOL/DOGE, and I keep a maximum of two contracts! I usually use small sizes in altcoins, either I win or lose, I do not increase my trading in altcoins! 90% of my trades are in the four mentioned above, I rarely trade in altcoins!
④We can also refer to the Sao Gu strategy for the first trade by not placing a stop loss, but a take profit should be set; after reaching the second level for low buying, we can exit without a loss!
⑤take profit and stop loss More battle experiences I will explain in the live broadcast room, you can follow ساو قوه and watch his live broadcast, we are harmonizing together.
⑥When engaging in contracts, the first element is position management, the second element is position management, and the third element is position management!
#ETH #BTC #GT