(I used to lose money from staying up late to watch the market, but now I have an annual return of over 350% using stupid methods)
1. Core Principle: Do not move if no signal is received
I would rather miss 10 market opportunities than place a blind order once.
My iron rule of trading: only do K-line patterns that I can understand. If I don’t understand, I will drink tea and watch TV series. Trading is not a 24-hour marathon, but a sniper war at key points.
2. 7 "Life-saving Suggestions" from the Summary of Real-time Losses
(I paid five-digit tuition fees for each one)
1. Trading time lock: operate after 9 pm
The market is disturbed by fragmented news during the day, and the main players often use false good news to dump the market and use false bad news to absorb funds (personal test shows that the rate of being trapped in the morning chasing the rise is over 70%).
Suggestion: After 9 pm, the news tends to stabilize and the K-line pattern is more realistic. At this time, combine the daily trend to make orders, and the winning rate will increase by 40%+.
2. Withdraw 30% of profit immediately: the money is in your pocket
Don’t believe the nonsense of “earn 10 times the money before getting out”! I have seen too many people’s accounts increase from 100,000 to 300,000, and finally fall back to 20,000.
Practice: For each profit that arrives, withdraw 30% to your bank card first (for example, if you earn 1,000U, transfer 300U immediately), and use the rest to "play with the profit" so that you don't feel nervous.
3. Indicator Iron Triangle: MACD+RSI+Bollinger Bands
Don’t place orders based on your feelings! Use TradingView to monitor these three indicators:
• MACD golden cross/death cross (to determine trend reversal)
• RSI overbought (>70) sell, oversold (<30) buy
• Only follow orders when the Bollinger Band breaks through the middle track
At least two indicators must synchronize their signals before entering the market. Single indicator resonance can easily lead to pitfalls.
4. Dynamic stop loss method: move the stop loss position when you make money
• When watching the market: For example, if you buy at 1000U, if it rises to 1100U, you can raise the stop loss to 1050U (to protect the 50U profit), and then move it up again.
• When not watching the market: set a 3% hard stop loss (buy at 1000U, sell when it drops to 970U) to prevent black swans from falling to zero overnight
5. Weekly mandatory withdrawal: All that is not withdrawn is numbers
I transfer out 30% of my profits every Friday without fail.
For example: If your account earns 10,000 U this week, you can transfer 3,000 to your bank card and use the remaining 7,000 to continue rolling over your position - this way, even if the market plummets, you will always have a cash trump card.
6. K-line practical skills: different signals in different periods
• Short-term (entry and exit on the same day): look at the 1-hour chart, go long if there are 2 consecutive positive lines, go short if there are 2 negative lines
• In a volatile market: Cut the 4-hour chart to find the support level (such as connecting the lowest points of the previous 3 days), and buy when the price falls near the support level
7. Four minefields that novices must avoid
✅ Leverage ≤ 5 times! 10 times leverage may seem to increase profits, but it actually increases the probability of liquidation by 10 times
✅ Stay away from altcoins! Dogecoin and shitcoin are used to make money 90% of the time. Don't believe the lie of "the next Bitcoin"
✅ Daily trading ≤ 3 orders! The more orders you make, the easier it is for you to lose control of your emotions (I once made 8 orders in one day and lost all my profits for the month)
✅ It is strictly forbidden to borrow money to trade cryptocurrencies! If you use your living expenses to trade, you will lose sleep if the price drops by 5%, and you will not be able to execute your strategy at all
3. Finally, I want to say: Treat cryptocurrency trading as a "9 to 5" job
My current trading rhythm:
• Check the trend at 9am and go to work if it is not up to standard
• Focus on operations between 9pm and 11pm, and turn off the computer and go to sleep
• Never watch the stock market on weekends, spend time with family or exercise
When you stop treating cryptocurrency trading as a gamble and instead punch in and out according to the rules - you will actually make more stable money.
