1. Only be the first or second
2. Mainly judge the entry points for short positions in batches based on the important moving average group above the 4-hour level.
For example, if the MA60 moving average above the 4-hour level continually suppresses the price, then use this moving average as the timing to enter short positions.
Generally, use the support below at the same level or one level higher as the entry point for long positions in batches.
Stop loss: Place it below the previous low after a downward spike, for example, if the support level is 2220 and the spike goes to 2210, then place the stop loss below 2210, around 2100.
4. Stop loss capital: If it reaches twenty percent of the total capital, no further positions will be opened that day. 4.2. Daily operations generally focus on two trades, with a single stop loss controlled at 10%.
The position size for each trade should remain consistent.
5. Try to enter in batches as the main strategy, do not load all bullets at once! 5.2. Try to follow the trend when placing orders; when the main trend is bearish, try to open short positions, and vice versa.
When the overall market trend is good, chase hot coins.
Control the profit-loss ratio, aiming for around 4:1.
The daily stop loss retracement should be between fifteen percent to twenty percent of the capital; if reached, no further positions will be opened that day.
Profit protection stop loss: If the day's orders have not hit the stop loss and the same level K-line pattern has not shown signs of damage, you can choose not to set a profit protection stop loss.
Never think about going all in for a quick fortune.
Daily review. Market crash: Stay in cash and wait to enter in batches; if there are no opportunities, just wait in cash. In this kind of market, not losing money is equivalent to making money.
Only trade in markets that belong to you! Learn to stay in cash, do not force yourself to open positions.
