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November 12, 2017, 03:11:41 PM |
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Some principles to secure profit for margin trading:
1. For Bitcoin, margin trading is only for short-term trading due to its high volatility. If you do not secure your profit, your position could be liquidated at a certain point of time. 2. In short-term trading, no trendy no trading. If the direction of the market is not clear, do not make an order. 3. In a trendy market, do not short if it's bullish, do not long if it's bearish. 4. 2+3 > Make an order when market is trendy and close the order when the market is choppy.
So, the important question is how to identify the direction of the market? The answer will be presented on below posts.
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