There is a stupid method that achieves a 100% win rate (a must-read for beginners)
This method, though clumsy, is effective: "If I don't see familiar signals, I absolutely won't act!"
It's better to miss out on a market opportunity than to place random orders.
With this method, I can now maintain an annual return rate of over 75%.
I share methods with beginners that are based on my real trading losses:
1. Place trades after 9 PM
Daytime news is too chaotic, with all kinds of false positives and negatives flying around, causing the market to jump around like it's having a seizure, making it easy to get tricked into entering.
Wait until after 9 PM to trade; by then, the news is basically stable, and the candlestick chart is cleaner, with a clearer direction.
2. Look at indicators, not feelings
Don't trade based on feelings.
Before placing a trade, check these indicators:
• MACD: Is there a golden cross or death cross?
• RSI: Is there overbought or oversold?
• Bollinger Bands: Is there a contraction or breakout?
Only consider entering if at least two of the three indicators give consistent signals.
4. Stop-loss: Dignity is more important than money
⛔️ "Cut losses immediately if the direction is wrong; hesitating for a second means a 10% loss."
• Fixed stop-loss method: 3% of the principal is the red line.
• Dynamic stop-loss method: After a 50% profit, a 20% pullback must exit.
5. Withdraw on time every week
#币圈 For example, if you made 10,000 U this week, don’t always think about doubling it! I suggest you withdraw 4,000 U to your bank account immediately, and continue playing with the rest.
I've seen too many people who "made 3-5 times" their investment, only to lose it all on a pullback. Keep rolling with the remaining amount. Over time, this way, your account will get thicker.
#币圈现状 6. There are tricks to reading candlesticks
#币圈暴富 For short-term trading, look at the 1-hour chart: if there are two consecutive bullish candles, you can consider going long.
#BTC If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when it approaches the support level.
#ETH If you also want to share a piece of the pie in the crypto world and want to trade, follow Gong Tehao (the crypto general instructor), and he will lead you into the crypto battlefield!