Foolproof cryptocurrency trading operation, simple and practical, even if you are a new investor, you can easily operate with an accuracy rate of over 80%. In the cryptocurrency market, both buying and selling can be done using this method!
1. The selected market must be in an upward trend. Of course, it is acceptable if it is in a consolidation phase, but it should not be selected if it is in a downward trend or if the moving averages are all facing downwards.
2. Divide the funds into three equal parts. When the cryptocurrency price breaks through the 5-day moving average, buy 30% with light positions. When the price breaks through the 15-day moving average, buy another 30%. Similarly, buy the last 30% when it breaks through the 30-day moving average. This requirement must be strictly followed.
3. If the price does not break above the 15-day moving average after breaking through the 5-day moving average and instead pulls back, as long as the pullback does not break below the 5-day line, maintain the original position. If it breaks below, sell.
4. Similarly, if the price breaks above the 15-day moving average but does not continue to break above, and the pullback does not break the 15-day moving average, continue to hold. If it breaks below, first sell 30%, and if it does not break the 5-day moving average, hold the remaining 30% position at the 5-day moving average.
5. When the price continues to break above the 30-day moving average and then pulls back, sell all at once using the previous method.
6. Selling is the opposite. When the price is high, if it breaks below the 5-day line, first sell 30%. If it does not continue to go down, hold the remaining 60% position. If the 5-day, 15-day, and 30-day lines are all broken, sell everything without holding onto hope.
A trading system is a weapon that allows you to achieve stable profits.
It can help you mark key points, discover entry signals, and find trading opportunities that can make you money.
So, to put it another way, as long as you have a stable trading system, just act on the opportunities that arise within the system. If you incur a loss, you can always get revenge, do what you should do, and leave the rest to the market. In the end, you can always cover losses with profits.
However, the biggest problem for 99% of people is that they do not have their own trading system. Therefore, when they trade, they fear losing money, because once they lose that money, they cannot earn it back. Even if they earn it back by luck, they will eventually lose it all through skill.