🔥Understand it! With this position management, even the whales can't cut you off! !!
It's said that in the cryptocurrency world, 7 lose, 2 break even, and 1 profit. Today, I will teach you how to securely occupy that 10% profit position..."
The method is steady and reliable, with monthly returns soaring to 70%.
1. Divide the capital into 5 parts, and only enter one-fifth each time! Control a 10-point stop-loss; if you make one mistake, you only lose 2% of the total, and if you make 5 mistakes, you lose only 10% of the total. If you are right, set a take profit of over 50 points.
2. How to further improve the win rate? Simply put, it's two words: go with the trend! In a downtrend, every rebound is a trap for the bulls, and in an uptrend, every dip has opportunities! Is it easier to profit from bottom fishing or from low buying? You all know in your hearts!
3. Don't touch coins that have rapidly surged in the short term, whether mainstream or altcoins; very few B-types can make several waves of primary rises. The logic is that it’s quite difficult for them to continue rising after a short-term surge. When there’s stagnation at high levels, the later movement will naturally decline; it’s a simple principle.
4. Use MACD to judge entry and exit points. If the DIF line and DEA form a golden cross below the zero axis, once it breaks above the zero axis, it’s a stable entry signal. When MACD forms a death cross above the zero axis and moves downward, it can be seen as a reduction signal.
5. I don't know who invented the term 'averaging down,' but many retail investors have stumbled and suffered major losses because of it! Many people keep adding to their positions as they lose, and the more they add, the more they lose. This is a big taboo in trading cryptocurrencies, putting oneself in a perilous position. Do not add to your position when you’re at a loss; add to your position when you’re in profit.
6. Volume-price indicators are paramount; trading volume is the soul of the crypto market. Pay attention when the price breaks out with increased volume from a low consolidation, and decisively exit when there’s increased volume at a high stagnation.
7. Only trade coins in an upward trend; this greatly increases the odds and saves time. A 3-day moving average turning upward indicates a short-term rise, a 30-day moving average turning upward indicates a medium-term rise, an 84-day moving average turning upward indicates a primary upward trend, and a 120-day moving average turning upward indicates a long-term rise!
8. Persist in reviewing each session, check if there are changes in your holdings, technically analyze whether the weekly K-line trends align with your judgment, and whether the direction has undergone a trend change. Timely review and adjust your trading strategy!