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#TRB The crypto world has grown from 50,000 to 3,580,000, just remember these few sentences!
1. Short line
1. Focus only on the top 5 mainstream coins every day. Based on current market hotspots, news, daily MACD golden cross, BOLL contraction and expansion, combined with market trends, comprehensively consider and select highly volatile varieties for trading.
2. Control your position size:
50,000 divided into 20% means 5 parts, and each time take one part to build a position.
3. Never go fully invested, at most 50%, always keep 50% as a reserve to wait for opportunities.
4. Do not place orders more than 3 times in a day, and keep it under control.
5. Never average down; if you enter a position and it loses 30%, exit promptly, as this indicates that the timing of your entry was incorrect.
6. Set a stop loss at 30%. If it breaks, close the position unconditionally. Do not hold onto the position; holding onto the position only leads to death.
7. Never fall in love with candlesticks, enter and exit quickly, remember!!!
8. Go with the trend, trend is king, only invest in mainstream, not in copycat small varieties!
2. Crypto world lifesaving mantra (recommended to memorize)
1. Don't rush to run away when there is a big drop in the morning; usually, there will be a rebound in the afternoon!
2. If there is a big rise in the afternoon, reduce your positions, as there is a high probability of a pullback in the evening!
3. A decrease in volume while rising will continue to rise, and a decrease in volume while falling will continue to fall.
4. Prices usually rise before major meetings or positive news, and they will fall once the news is realized.
5. The domestic market will continue to drop significantly during the day, so it's time to buy the dip~ At night, foreigners will pump the market at 21:30.
6. The key signal for buying and selling is the pin insertion; the deeper the pin is inserted, the stronger the buy and sell signals.
7. When you are heavily leveraged, you will definitely face liquidation. Why? You should pay close attention to the liquidation list on the exchange.
8. After your short position stop-loss is completed, it will definitely fall, how could it trick you out or explode? How could it fall? For example, TRB.
9. When you are about to break free from your position, just a little more, and the rebound suddenly stops, how could it let you close your position and run away?
10. When you take profits, you've already made it, how can you pump the price if you don't get off the train? The train is too heavy.
11. When you are excited, the violent waterfall comes as expected, and your excitement is also a lure from the庄~家.
12. When you are broke, every project is rising, making you FOMO and rush to enter the market. So you understand that the market is manipulated with a probability of over 80%. Besides controlling your position, you must also act decisively, and firmly avoid entering the market before clearly understanding the actions of the whales. Once you enter, you are the fish on the chopping block for the exchange. Trading is all about patience, composure, and seizing the right moment.