B Circle Beginner's Guide
1. The Profit Triangle (Must Read for Beginners!)
1. Observe the Big Cycle to Set Direction
Focus on the 4-hour/daily charts; there are three types of market conditions:
- Bullish candles breaking previous highs → A strong bull is coming
- Bearish candles breaking previous lows → A dumping by the market maker
- Prices fluctuating back and forth → Just watch the show
Remember: Go long only when prices are up, go short only when prices are down, and play dead in a sideways market!
2. Find Key Support Levels
Prices act like a trampoline; when they drop to support levels, they bounce back, and when they rise to resistance levels, they must retrace. Remember these three tips for finding points:
- Draw horizontal lines at previous highs and lows
- Fibonacci retracement levels
- Areas of concentrated liquidation
3. Identify Entry and Exit Points on Smaller Timeframes
When the daily chart is bullish, switch to the 15-minute chart for entry signals:
- MACD golden cross + increased volume
- Breakthrough of a descending trend line
- Long lower shadow + volume doubling
When any 2 signals appear, enter without hesitation!
2. Essential 8-Piece Survival Kit
1. Choose Coins: Only play with BTC/ETH; altcoins are a gamble
2. Position Size: No more than 5% per trade
3. Stop Loss: Cut losses immediately if the price drops 3% below support
4. Take Profit: Set a 3:1 risk-reward ratio (if you gain 3000, cut losses at 1000)
5. Timeframe: Avoid trading during the spike hours of 3-5 AM
6. Backup Plan: Always have 2 trading plans ready
7. Review: Record 3 trading lessons daily
8. Discipline: Force yourself to shut down for 2 hours after a loss
3. Three Life-Saving Principles (Violating Them is Fatal!)
■ Never chase high prices or panic sell: When BTC surges by 10%, while others celebrate, you reduce your position
■ Entry Points are Paramount: Better to miss 10 opportunities than to miss 1 good entry
■ Mindset Training Method:
- Withdraw 50% of profits after consecutive wins
- Delete trading software for 3 days after a liquidation
- Recite daily: Surviving allows for output
Do you understand now? There is no myth of getting rich quickly in B Circle; only a trading system earned through blood and tears. Remember: 1000U is not scary; what’s scary is using the wrong method and trading 1000 times.