Reliable! Master this article; the short-term trading model shared today has a success rate of 98.8%. Learning it will easily allow you to increase from 100k to 20 million, focusing solely on this one model!
Assuming you initially have 100u of capital.
The first trade was done with a position of 10% (i.e., 10u), and after successfully taking profits, the funds grew to 130u.
During the second operation, I used 10% of the current funds (i.e., 13u) as the position, but this time I encountered a stop-loss, causing the funds to drop back to 117u.
In the third attempt, I used the same position ratio as the previous one (still 13u), and this time I successfully took profits, increasing the funds to 156u.
In the fourth investment, I increased the position to 16u (about 10% of the current capital), and once again achieved profits, bringing the final account balance to 204u.
For example, if the entry price is 2685 (using 10% of the funds), then increase the position when the price rises to 2695 (also using 10% of the funds). At the same time, set the stop-loss at 2705.
For more aggressive operations, you can adopt a staggered buying approach, investing 7% of the position each time. The advantage of this method is that it provides a better risk-reward ratio, reaching ratios like 1:1.5 or even 1:2.6.
When approaching the profit target, about 5-10 points away, you can choose to close 70%-80% of the position, while raising the stop-loss line by 5-10 points. If the price does not break this new stop-loss point, continue to hold; if it breaks and does not meet expectations, gradually reduce the position, closing 70% of the position for every key resistance level crossed and adjusting the stop-loss position accordingly.
The simplest and most straightforward method to trade spot in the market:
For many who want to profit from spot trading in the cryptocurrency market, finding a simple and effective trading method is undoubtedly a huge challenge. However, after a long period of exploration and practice, I have found a very practical spot trading strategy that not only improves the success rate but also helps you capture major trend markets.
First, we need to focus on the weekly-level cloud chart system. By observing historical trends, you will find that after a weekly bottom appears, it is often followed by a strong surge. Therefore, if you focus on capturing the weekly-level bottoms, you will not miss almost every major market.
Of course, during the trading process, we inevitably encounter situations like double bottoms or double tops. So, how should we handle these situations?
For double bottoms, when the first bottom appears, we can choose to enter. However, after the market rises a certain distance, we need to set a stop-loss at the break-even price. Although many people think that spot trading does not require stop-loss, it is very necessary in weekly-level trading. If the market shows a double bottom, we can wait for the second bottom to appear before entering.
For double tops, handling them may be more complex. When a top appears on the weekly chart, it usually indicates that the risk is relatively high. You can choose to liquidate and exit, or you can wait for a pullback before re-entering. But no matter which way you choose, you need to refer to the daily level. If the weekly chart pulls back to the daily bottom, we can choose to enter. If the daily chart rebounds, it is likely that the weekly market will form a second top, and the height may be much higher than the previous peak.
Next, I will illustrate the application of this strategy with a specific example. After the first peak of a bull market, the market underwent a pullback. So, should we enter after the pullback? At this time, we need to refer to the daily level chart. If the daily level has completely reached the bottom, then entering at this point is unlikely to go wrong and can capture the final big market.
Finally, I want to emphasize that this trading strategy is more suitable for investors with larger capital or those who prefer to trade major trends. For spot trading, due to the high uncertainty of contracts, everyone's position management ability varies, so I do not recommend contract trading. As for altcoins, you can refer to the bottoms of mainstream coins (like Bitcoin) to buy in, which generally won't have too much price difference.
Overall, this simple and efficient spot trading secret can help you grasp major trend markets and improve your success rate.
However, please remember that all trading carries risks and you must operate cautiously, reasonably allocating funds.
What every novice must know! A revelation of the basic knowledge of cryptocurrency trading:
In the charming and risky field of digital currency, if you are a novice, don't worry, today I will talk to you about the basic knowledge of cryptocurrency trading to help you get started!
First, we need to clarify what digital currency is. Simply put, digital currency is a type of network-based virtual currency, such as the commonly heard Bitcoin, Ethereum, etc.
So how do you buy and sell digital currencies? This requires the use of cryptocurrency exchanges. Just like buying and selling stocks has securities exchanges, digital currencies also have their trading platforms. However, it is crucial to choose a legitimate and reliable exchange; otherwise, you may lose all your money!
Next, let's understand 'wallets'. This is not the wallet we usually use to store money, but a tool for storing digital currencies, divided into hot wallets and cold wallets. Hot wallets are convenient but have lower security, while cold wallets are safer but relatively complex to operate.
Let's talk about the "K-line chart" again. This is an important reference for trading cryptocurrencies. By observing the K-line chart, we can see the price trend, which helps us make buy and sell decisions. For example, a bullish candlestick indicates that the price is rising, while a bearish candlestick indicates that the price is falling.
Another important point is that trading cryptocurrencies carries huge risks! Price fluctuations can be breathtaking, with daily changes of dozens of percent being common. Therefore, do not blindly follow the trend; the funds you invest must be those you can afford to lose.
Let me give you an example: a novice friend, who initially knew nothing and rushed in, ended up losing a lot. Later, after seriously studying the basics, he gradually got back on track.
In short, as a novice, if you want to navigate the world of cryptocurrency trading, you must first solidify these basic knowledge and proceed cautiously to have a chance to reap wealth!
How to avoid the traps and risks of cryptocurrency investment?
The cryptocurrency market is like a maze full of temptation and traps, attracting countless people to enter one after another.
1. Strategy formulation before investment: risk management, capital management, position management.
The cryptocurrency market is a highly volatile market, filled with uncertainty and risk, and instability has become the norm. Many people's initial mistake is not establishing awareness of risk management, capital management, and position management, and they have no respect for the market, which leads to rapid losses of their funds.
Effective strategy formulation before investment is just like the rigorous battle strategy before ancient wars. Throughout history, great victories in wars have invariably been based on pre-war strategic planning.
Establishing effective strategies for risk management, capital management, and position management can keep you in a position where you can attack or retreat, standing undefeated.
2. Refuse to blindly follow the trend and trade based on rumors.
In the cryptocurrency world, news is everywhere, and most of it is meant to confuse retail investors, leading them step by step into the dangerous traps set by the main players, turning them into lambs to the slaughter.
Investment must be based on independent analysis and calm decision-making, refusing to blindly follow the trend or believe in rumors.
3. Insist on long-term investment, and do not pursue quick wealth with a short-term mindset.
The myth of getting rich quickly in the cryptocurrency market has led many investors to develop a short-term mentality, pursuing quick wealth and thus neglecting long-term stable investment. Many cases reflect their attempts to achieve overnight wealth through short-term investment mindsets, ultimately falling into deep losses and starting to doubt life.
Investing is a lifelong endeavor, and it is very important to establish the right investment concept during the process, insist on long-term investment, and achieve steady wealth growth.
The above three points are serious summaries, and I hope they can help investors who are currently confused in the cryptocurrency market, avoiding repeating the mistakes of many others.
There are two ways to learn:
First: Direct acquisition, summarizing experience through personal experience to gain abilities.
Second: Indirect acquisition, learning from others' experiences, summarizing lessons, applying them, and transforming them into your own abilities.
Wise people choose the second method, summarizing and transforming others' experiences and mistakes into their own abilities. This way, you don't have to experience the painful costs of the same mistakes yourself, significantly reducing the trial and error costs in terms of money and time.
We can learn from the stories of most people losing money in the cryptocurrency market, summarize and transform them into our investment experience, and achieve our original accumulation step by step through continuous accumulation and sedimentation.
