We often hear about "rolling" transactions in the currency circle. Do you really know how to operate it?
The so-called rolling position usually refers to buying back with floating profits, which means buying back with profits. However, there are actually many ways to play rolling positions. Some are completed in a long-term position of a single currency, and some are completed by switching back and forth between multiple currencies in a short period of time, but the underlying logic remains unchanged, all of which are profit-based purchases.
Rolling positions can continuously magnify profits, and there is no upper limit, especially when operating back and forth between multiple currencies, you don’t need too much principal to achieve huge profits.
Contract rolling positions are generally based on long positions, because cryptocurrencies have no upper limit, especially some altcoins. Some popular coins have a daily increase of 30-50%, or even 80%. For rolling positions, if you encounter such coins, the benefits will be extremely exaggerated.
It is usually concluded from multiple real-time transactions that, taking $50 as an example, with a leverage of 20 times, if you hold a coin, the intraday increase is as high as 30%, and if you continue to roll the position during this process, you can eventually achieve a return of $6,000-10,000, which is close to 200 times compared to the $50 principal.
Of course, the 20-fold fault tolerance rate will be much lower, unless the coin is unilaterally pulled up. If there is a retracement of about 4% during the trading session, it is also easy to lose all profits (hanging to protect the principal loss). Therefore, for novices who are just starting to try rolling positions, it is recommended to use 5 or 10 times, and the fault tolerance rate is greatly improved. Generally, strong coins are unlikely to retrace 10% during the trading session, so it is much easier than 20 times.
Of course! The income will also be discounted a lot. With a leverage of 10 times, according to the increase of 30%, the final income is estimated to be around $2,000-3,000, which is actually very good. This is also a classic work of contracts that use small amounts to win big, and it is also the charm of contracts.
Here is a profit chart of a fan from a while ago. He traded with me for less than two months, and his position increased from less than 2000u to nearly 16,000u, which is 7-8 times more.
For those who are confused about trading, please leave 111 comments. This bull market will help you get rich
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