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Morning Crypto Share on December 30:
1. BEAT Long Position: Enter around 1.488, stop loss at 1.298
2. SUI Long Position: Enter around 1.398, stop loss at 1.378
3. PIEVERSE Long Position: Enter around 0.566, stop loss at 0.536
How to set position size:
Position size can be considered based on stop loss as a measure. For example: with a 1% position, if the stop loss results in a 1% loss, then consider setting the position to 2%, so that the maximum loss is 2%, making the risk-reward ratio more favorable.
Remarks:
1. Do not over-leverage; keep losses within 300%, which means 1% position 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 when possible, and avoid greed.
4. It is advisable to place 1-2 orders to avoid expanding losses and to prevent missing the opportunity to manage existing orders.
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