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Evening Crypto Share on 12.30:
1. BEAT Long Position: Enter around 1.488, stop loss at 1.298
2. 0G Long Position: Enter around 0.932, stop loss at 0.902
3. SQD Short Position: Enter around 0.1256, stop loss at 0.1356
4. AVNT Long Position: Enter around 0.364, stop loss at 0.347
How to set position sizes:
Position sizing can be considered based on stop loss as a measure. For example: with 1% position size, if the stop loss at my entry point results in a 1% loss, then you can consider setting the position size to 2%, so that the loss remains within 2%, making the risk-reward ratio more favorable.
Remarks:
1. Do not over-leverage; keep losses within 300%, meaning 1% position size with a maximum loss of 3%.
2. Take profit at 1.5-2 times the loss; if the market is favorable, consider taking profits at 3 times.
3. For funds with high fee rates, it is not recommended to hold positions long-term; take profits quickly and avoid greed.
4. It is advisable to place 1-2 orders to avoid expanding losses and to ensure there is enough time to manage existing orders.
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