After three years of continuous losses with debts of 8 million, through self-adjustment, I achieved financial freedom in the following seven years, stable compounding, with a monthly income of seven figures and an annual income of eight figures!
10x rolling position rule: a practical framework for rolling $30,000 into $300,000 in 3 months (with core parameters included)
1. Coin selection life and death line (90% of people fail at this step)
1. Only trade coins that have a weekly EMA21 and EMA55 golden crossover after the first pullback (Example: the moving average structure when LDO broke through $0.8 in January 2023)
2. Trading volume must exceed 2.3 times the middle track of the Bollinger Bands (on-chain data cleansing robot screening method)
3. Key support levels must show large orders supporting the price more than 3 times (techniques for using on-chain whale monitoring tools)
Rolling position nuclear bomb formula (first time publicly disclosed) Initial position: 17% of capital (accurate to 5,100 yuan) Floating profit 25% immediately increase position to 34%
(Leverage switching model) Double breakthrough to increase position to 68% (must be combined with TD sequence verification) Ultimate position: 112% of capital (timing secrets for using leverage)
3. Death spiral avoidance system (a risk control model worth millions)
1. Dynamic profit-taking line: immediately close half a position when the latest high drops by 6.8% (parameters verified through 312 real trades)
2. Leverage decay algorithm: every 8 hours, automatically reduce leverage by 5%
3. Black swan emergency protocol: When the USDT premium rate exceeds 2.7%, automatically trigger liquidation. Fourth, top hunter’s psychological control technique: Set price alerts from 3-5 AM (the favorite surprise attack period for big players). Execute 10 minutes of mindful breathing before each transaction (brainwave monitoring experiments show this can improve decision-making accuracy by 23%). Profit exceeding 50% requires a mandatory 48-hour cooling-off period (to prevent dopamine addiction mechanisms).
First, we need to understand that beginners will often research a lot of information about digital currency contract trading before investing, even opening an account to test the waters. After a few operations, they may feel that they are not suited for this market because they lack many details and skills.
Moreover, digital currency contract trading skills also need to include stop-loss and take-profit controls. Setting stop-loss and take-profit is essential not only for beginners but also for experienced digital currency investors, as digital currency is an investment; since there are gains and losses, individual situations vary, and acceptable losses differ. Setting stop-loss is based on the investor's own situation.
The cryptocurrency market is favored and pursued by many investors for its high profit potential and excitement. However, for beginners, how much money is needed to trade digital currency contracts?
(1) Many investors start by investing a small amount, not because they lack funds, but for safety considerations, and then gradually increase their investment until they reach a suitable capital ratio.
In other words, a widely accepted saying in the financial management circle is that contract investment assets should not exceed 20% of total investment assets. If a person plans to invest $1 million, then the money used for contract operations should not exceed $200,000.
Can contracts make money? The three key experiences for contract trading!
Experience 1: Reasonably control your position. Only by reasonably controlling your position can you have a stable opportunity for profit; otherwise, your account will only lead to failure. Generally, invest 20% of your capital in the market. If your account has only $50,000 and the margin is $1,500 per contract, then you should ideally open a standard position of 6-7 lots each time, regardless of being long or short.
In favorable market conditions, if the entry order is profitable, you can gradually increase the position, but do not exceed 40%. Conversely, if the entry order is at a loss, never add to your position against the market unless you have substantial funds to support it.
Experience 2: Set stop-loss before entering the market. Generally, 50-100 points is appropriate, or below the support point and above the resistance point. Not setting a stop-loss means that every trade you make could lead to account death.
Experience 3: Recognize the nature of the market; avoid guessing the top.
Many investors are used to looking at daily and weekly charts and making short-term trades, treating BTC's long-term volatility as short-term trading, while ignoring the differences between short-term and long-term trading. This is incorrect, and continuing this way will lead to increasing losses.
Through the above analysis, we understand the skills that novices need to master when operating in digital currency contracts. The above skills are just a part of it. Additionally, when choosing a platform, you must select a legitimate one.
Learn these few key phrases, and you can easily make a profit in the cryptocurrency market!
Sharing some trading insights: When the price breaks through a key line, don’t miss short-term opportunities. Explanation: Once the price breaks through a significant support or resistance level, there may be a short-term trading opportunity; don’t hesitate to seize it. After a significant rise, don’t rush to chase high prices.
Explanation: After a significant price increase, there is often a pullback process; during this time, do not be anxious to chase high prices and buy cryptocurrencies; stay calm.
If the price rises but the volume does not increase, the main force may be deceiving. Explanation: If the price goes up but trading volume barely moves, it could be that the main force is manipulating the market to attract retail investors.
If the price drops sharply with low volume, don't panic; if it drops slowly with increasing volume, then retreat. Explanation: If the price drops sharply but trading volume is low, don't rush; if the price drops slowly and trading volume increases, then you need to retreat quickly.
During a main rise, the speed increases, which may indicate an impending top. Explanation: When prices are rising rapidly, it may be approaching the top, and you need to pay attention to top signals and prepare in advance.
Do not chase high prices when buying; wait for a pullback to act. Explanation: When buying cryptocurrencies, never wait until the price has risen significantly before buying, as the risk is too high. It is best to wait for a pullback when prices are relatively reasonable before purchasing.
Both daily and weekly charts must be viewed; the main force's direction is key. Explanation: When observing price trends, don't just look at daily charts; you also need to consider weekly charts and even longer-term charts to better grasp the main force's direction and market trends.
Don't panic with small rises and falls; be cautious during significant uptrends. Explanation: When prices are rising or falling slightly, there's no need to worry too much; however, if prices rise significantly, you need to be alert and not let the market's enthusiasm cloud your judgment.
New lows in price with shrinking volume may indicate a bottom: as trading volume rebounds and price rises, this is a good time to enter. Explanation: If the price drops to a new low and trading volume is also shrinking, it may have reached a bottom position; when trading volume starts to rebound and price begins to rise, that is the right time to enter.
