Important tip: →♥

Brothers and sisters who follow my strategy, this post is meant to explain the entire process of executing a single strategy point.
The main guidance is to explain how our strategy is executed? This way everyone will have a clearer understanding.
For example, a short position for Ethereum today: enter in batches between 4553-4571 points, initial stop loss at 4585, take profit points in batches at 4498, 4476, 4452.

Step One: Place an Order
My usual suggestion is to build positions in batches. So how do we do this in batches? You can set orders between 4553 and 4571. For example, if you want to buy 10 Ether, you could split it into 2:3:5. This means placing an order for 2 at 4553, 3 around the midpoint of 4563, and 5 around 4771. Once the trades are executed, the average price will theoretically be around 4565. This approach is quite reasonable. Of course, below are some other price levels where my other accounts have placed orders. Sometimes I don't strictly follow this standardized order placement method. However, I always build positions in batches, primarily using an incremental position approach.

Step Two: Follow Up on Defense
The above is the solution for the first step of placing an order. The second step is to follow up with setting up defensive take profits and staggered take profit actions. I generally suggest that if you are using 100x leverage and your floating profit reaches over 70%, you should set a breakeven gamble. In other words, if the average price is 4565, then if it drops to around 4534, you should consider that you can’t let floating profit turn into floating loss. Many people should have this regret, obviously having a decent floating profit, why did it end up as a floating loss that forced them to exit?? Isn’t that painful, even worse than eating shit? 😂 The above has resolved the follow-up defensive take profit actions. There are still tasks below.

Step three: Set staggered take-profit settings
The initial take-profit point given can adopt a staggered take-profit approach, such as 3:3:4. How to understand this is that the first take-profit level.
Set 3 Ether at 4498, set 3 at 4476, and leave all remaining 4 at 4452.

One more thing: if you are afraid of missing out on sales, you must leave a portion for speculation, which means the content of the third step needs to be adjusted.

Then finally summarize the potential outcomes of the strategy.
1.
Generally speaking, if the entry is invalid immediately, then the initial stop loss will be triggered to exit. This is the worst outcome.
2. Entered some positions or fully built positions in batches, and the initial stop loss has not been hit, just like this order now. Then the defensive take profit was hit, which is not too bad, just missed out on it.
3. Successfully triggering three take-profit points, which mainly depends on how much position you entered to measure. If you only entered part of the position, then you missed out on some profit, but the overall result is still good; at least you made a profit.
4. After entering the market completely and achieving an effective reversal, all three profit-taking points were reached. This is a completely standard expectation, which is already considered the most perfect alignment with the strategy results.
5. If you join the "Partial Holding" strategy, which means keeping a portion to hedge against potential sell-off situations, then if the market trend continues in the direction of the position taken, even the remaining 20% of the position can continue to soar. This is the consideration for letting profits run.