I have been trading coins for 10 years, professionally for 6 years. In the 90s, I have already reached the stage of doing as I wish. From 500,000 to 25.54 million, just by adhering to these disciplines and useful knowledge.
What truly changed my destiny was a day four years ago! Since then, I have reclaimed everything that was lost!
At that time, I organized all the trading lists and looked at them many times; my feelings were mixed. I remembered deeply that there were over 1,000 trading records, of which nearly 700 were losses, and only about 300 were profits. Overall, the losses were large, and the profits were small, with over 200 being significant losses. So that year, the overall result was a loss. Just looking at this trading record reveals a significant issue. The first reaction is greed; seeing those big losses makes me recall the circumstances of the operations at that time. I would be reluctant to sell when there was a gain and unwilling to stop-loss when there was a loss, which fundamentally caused the significant losses.
Some small losses are mostly due to unclear current thinking, lack of grasp, operating with luck, insufficient research, and blindly entering the market, leading to many small losses that ultimately add up to substantial losses. The root cause is often that the entry points are not clear or firm enough. After summarizing, it becomes clear that the best entry points are at the starting point of price increases. Some unclear entry points occur during range fluctuations when the situation is uncertain, resulting in increased small losses, becoming a boiling frog situation, and by the time you realize it, it is already too late.
Later summaries, reflections, listing issues, thinking a lot, really putting all thoughts into it, later I researched the techniques and useful knowledge carefully, summarizing them into my own methods, now using them is very smooth!
Today, I also share this with my fans, hoping it helps you. If you find it useful, remember to like and save it!
Because I have been through the rain, I want to hold an umbrella for everyone, heartfelt words.
Divide the principal of 10,000 into 10 parts of 1,000, use 1,000 for contract rolling + quickly accumulate to earn 100,000! It takes about 1 to ...
3 months
In the coin world, 1,000 yuan is about 140 units!
Optimal solution recommendation: contracts.
Each time using 30 units, betting on hot coins, ensuring profit and stop-loss at 100 to 200, 200 to 400, 400 to 800. Remember, at most three times! Because the coin world requires a bit of luck, betting like this can easily result in winning 9 times and losing once! If you make it through three rounds at 100, then your principal will reach 1,100 units!
At this point, it is recommended to use a three-fold strategy.
Trade two types of positions in one day: ultra-short positions and strategy positions. If an opportunity arises, then enter trend positions.
Ultra-short positions are used for quick strikes, typically on the 15-minute level. Advantages: high returns; disadvantages: high risks.
Only trade at the level of Bitcoin Auntie.
The second type of position is strategy position, which means using small positions, like 10 or 15 units, to do four-hour contracts and saving the profits for weekly investments in Bitcoin.
The third type is trend position trading, where you see it and go directly into it. Advantages: many.
Identify suitable entry points and set a relative cost-benefit ratio for profit and loss # cryptocurrency market rebound.
Step two
10 times rolling storage rule:
In three months, using a principal of 30,000 to roll out 300,000 in practical framework (with core parameters).
First, the life-and-death line of selecting coins (90% of people fail at this step).
1. Only trade coins that have the first pullback after the EMA21+ and EMA55+ golden cross on the weekly chart.
2. Trading volume must break through the Bollinger Bands + middle line by 2.3 times or more.
3. Key support levels must have more than three large orders to support them.
Second, rolling storage nuclear bomb formula (first time public).
Initial position: 17% of the principal (accurate to 5,100 yuan).
Floating profit of 25% immediately increases the position to 34% # US tariffs raised.
Increase the position to 68% after the second breakthrough.
1. Dynamic stop-loss line: Retrace from the latest peak by 6.8% to immediately close half the position.
Remember: In the coin world, the biggest leverage is the gap in cognition.
How to turn 10,000 into 10 million - a series of technical analysis guides you didn't know about in the coin world.
The 'core technology' in any field will not be publicly disclosed in a large crowd. In the online world, you cannot search for it, it only circulates among a very small number of people, and is held by the core circles; this type is considered a 'secret' of the field.
The 'keys' hidden in the fragmented core circles are contained in the articles of this series. Some things cannot be said too clearly; they need to be 'comprehended'. Look closely, the hidden truth will surface. Seeing this article also indicates that you are connected to the core circle, and this connection is invaluable.
Finance is the top of all industries. In finance, if you want to make money, you need absolute strength, but losing money can happen in the blink of an eye.
Only by possessing the 'unspoken secrets' of top experts can you transform from a novice to a master in this field.
In this zero-sum game of finance, the majority are always losing money.
Do you know what the fundamental reason for losing money in the financial field is? This reason is very simple, just two words: 'making mistakes'.
"Making mistakes" sounds simple, but explaining this category is quite extensive. Typically, beginners in the coin world often fall into the following ten traps, each of which can lead to significant financial losses.
First trap: Trading coins based on news without wanting to spend time researching the coins you invest in.
Second trap: Acting emotionally, with emotions fluctuating wildly with the market, making irrational buy or sell decisions.
Third trap: Chasing after newly launched altcoins.
Fourth trap: Fear of missing out leads to blind buying.
Fifth trap: Blindly betting everything on a particular coin without leaving room.
Sixth trap: Blindly trusting various news or self-media opinions.
Seventh trap: Mysterious faith in a particular coin while ignoring systemic risks.
Eighth trap: Rash investment, betting on unresearched coins based on feelings.
Ninth trap: Trading on small exchanges, resulting in the exchange going bankrupt, being attacked, or being unable to withdraw funds.
Tenth trap: Impatiently dreaming of getting rich overnight.
The above ten traps are often encountered by beginners, and
To avoid traps and survive and thrive in the coin world, there is only one method: having an effective trading system that can withstand bull and bear markets and continuously grow. This is also the 'top-secret skill' of those at the pinnacle of the financial field.
In the trading system:
Core three parts
One of the main topics this series will explore is technical analysis.
At this point, you might ask, what exactly is technical analysis?
Technical analysis, in strict terms, is an art, not a science. There is a misconception that understanding this art is for predicting the market; technical analysis is merely about identifying the current market state and then categorizing it. Speaking of this, we must mention another layer of meaning in technical analysis.
Technical analysis is essentially a statistical discipline.
Statistically analyzing the changes in the financial market over the past few centuries to infer the direction of future trends. Now that you have identified the current market state and completed classification, you will find that 'tops' will have commonly used 'top' patterns, while 'bottoms' will have commonly used 'bottom' patterns. By completing this classification, you will know what common 'top' and 'bottom' patterns the current market is in.
So what help does the study of statistics provide you? Its greatest value lies in summarizing the rules.
For example, if a 'three mountains top' pattern appears, then in all past financial markets, every time this pattern appeared, seven or eight times out of ten, the next movement was a decline. After this pattern appears, the subsequent market trend is likely to decline.
Note that the wording is 'high probability'.
In ten attempts, getting it wrong seven or eight times is enough. Some people might say that it’s not 100%, of course.
In the financial market, there is no 100% certainty. If you are right 7 or 8 times out of 10, that is enough to make money through the art of technical analysis.
Speaking of which, you should have a general understanding of what technical analysis is for. In the long history of the financial market in this world, the technical analysis theories that have been preserved through hundreds of years of baptism and practical verification, do you know the five major technical analysis systems that currently exist? How did they each come about? What are their advantages and disadvantages? Which techniques can be combined to complement each other for greater profitability?
You will find all this content detailed in my series of guide articles. After reading all the articles in this series, your understanding of the field of technical analysis will exceed 99.9% of both new and experienced traders.
From now on, you have made a significant step forward in establishing your own high-win-rate trading system. Now you have obtained the first hidden password: 'three.'
In the field of technical analysis, the mainstream theories currently are the five major analysis theories. These five analysis systems stand firmly, each observing the market from different angles. Each theory, when studied in depth, can accurately control and analyze the market.
One of the core secrets of technical analysis is to always stand on the side of high probability after identifying the current market state.
Once you understand technical analysis, correctly applying its methods will always keep you on the side of high probability. In the long river of time, victory will belong to you. When you understand technical analysis, you can see how the market moves, and the entire market will come alive in your eyes.
Understanding technical analysis is like having a golden key to open the treasure vault of the financial market. Whenever you want to access the treasure, you just need to turn the key to open the door.
Secondly: The behavior of truly outstanding investors should be personalized, investing according to their own investment philosophy. Just like the invention of the steam engine brought huge changes to human production and life, it opened a new chapter in human investment, hence the reputation of being the founder of the five major technical analysis systems.
Speaking of which, you might wonder, 'Who founded Dow Theory? Who is Dow?' Charles Dow was the founder of the Dow Jones Financial News Agency and also the founding editor of The Wall Street Journal. He worked on the trading floor of the stock exchange for several years. His personality was cautious, restrained, calm, and conservative, with a strong understanding and self-control. He had profound financial knowledge and exceptional judgment. The excellence of outstanding individuals is always objective and calm. Dow had almost no moments of anger in his life, which is an internal factor in establishing a pioneering theory.
The articles published by Dow, organized by his assistant and successor William Peter Hamilton, formed various chapters of Dow Theory. Dow Theory objectively describes the immutable changes in the financial market. This change possesses scientific reference regardless of the financial market in which it is placed.
Is there a very interesting phenomenon that you have also discovered? There are two coin worlds in this world. One is the real coin world, which gradually reveals a clear image amidst the chaos and misunderstandings.
Sixth, only after a definite reversal signal occurs can we determine that an established trend has ended. A segment of a major trend has inertia and will usually continue to move in the main direction for a while, so we must wait for the trend to confirm the reversal, such as confirming the head and shoulders pattern breaking the neckline.
Dow Theory is a macro technical analysis system, its purpose in actual trading is to capture the most significant segment of the market's important movements, which is the most delicious part of the fish's belly.
Its advantage in determining the major trends of bulls and bears is quite successful, but its disadvantages are also obvious; signals are usually delayed, generally missing out on 20%-25% of profit space.
There are many ways for beginners to play in the coin world, and there are definitely a few methods suitable for you right now:
There are many ways for beginners to play in the coin world, and there are definitely a few methods suitable for you right now:
You have 1 million in assets and decide to use 700,000 to buy a cryptocurrency.
On the first day, this coin fell by 1%, and you lost 7,000 yuan, but you don’t mind, believing that the coin price will eventually rebound.
On the second day, the coin price fell another 3%, and you lost nearly 20,000 yuan, still firmly believing that it will rebound.
On the third day, the coin price rose by 2%, and you recovered about 10,000 yuan of losses, feeling slightly better, believing that everything is under control.
The basic principles of Dow Theory applied to the actual situation in the coin world can be summarized in the following six points:
First, the average price incorporates and digests all factors. Fundamentals, policies, news, and capital can all influence supply and demand, and all of this will be directly reflected in the charts, ultimately the market absorbs this through price changes.
Second, the market has three trends. Dow classified trends into three types: primary trends, necessary trends, and transient trends. Primary trends are like the tides of the ocean, belonging to long-term trends, similar to the seasonal cycles in the coin world, with bulls and bears cycling endlessly. Secondary trends are the waves within the tides, representing retracements in the primary trend, usually retracing to the 38%, 50%, and 62% Fibonacci levels. Transient trends are ripples, indicating slight fluctuations that have a high degree of uncertainty and change rapidly.
Third, a major trend can be divided into three phases. The first phase is the accumulation phase, similar to the yin giving birth to the yang, meaning that at the end of a bear market, even though everyone is bearish, it has already fallen to its lowest point, and the main force starts to accumulate in batches at this time. The second phase is the bullish attack phase, where favorable news starts to emerge, and most retail investors with some technical knowledge gradually enter the market, causing the price to gradually rise. The third phase is the climax sprint, during which major media begin to flood the market with good news, boldly predicting further price increases, retail investors actively buy in, none wanting to sell, all fearing they might miss this once-in-a-lifetime opportunity to make money, but in reality, the main force that bought at the bottom has already started to sell.
Fourth, various average prices must mutually verify each other. For example, both Bitcoin and mainstream coins must have a common increase that exceeds the peak of the previous mid-trend to be considered the onset of a large-scale bull market! Similarly, if the common decline of Bitcoin and mainstream coins falls below the neckline of the high volatility phase in the bull market trend.
Fifth, trading volume must validate the trend. Dow believed that volume is second in importance to technical analysis; when prices move along the major trend, trading volume should also increase accordingly.
Sixth, only after a definite reversal signal occurs can we determine that an established trend has ended. A segment of a major trend has inertia and will usually continue to move in the main direction for a while, so we must wait for the trend to confirm the reversal, such as confirming the head and shoulders pattern breaking the neckline.
Dow Theory is a macro technical analysis system, its purpose in actual trading is to capture the most significant segment of the market's important movements, which is the most delicious part of the fish's belly.
Its advantage in determining the major trends of bulls and bears is quite successful, but its disadvantages are also obvious; signals are usually delayed, generally missing out on 20%-25% of profit space.
On the fourth day, the coin price suddenly plummeted by 20%, and you lost 140,000 yuan, beginning to feel anxious, hoping for a rebound the next day.
On the fifth day, the coin price rebounded by 5%, and you breathed a sigh of relief, believing that trading coins still has rules to follow.
On the sixth day, the coin price rose by another 1%. Although the increase is not significant, at least there is hope for breaking even, and you feel satisfied.
On the seventh day, the coin price rose by another 1%, and you begin to look forward to future trends.
On the eighth day, the coin price continues to rise slowly, but you remain optimistic, believing that there will be a day when you break even.
On the ninth day, the coin price suddenly plummets by 30%, and you start to panic, doubting whether you picked the wrong coin.
On the tenth day, the coin price drops another 10%, and you feel anger and disappointment.
On the eleventh day, the coin price entered a consolidation phase. You see someone online calling this a bottoming signal, believing the market is accumulating momentum and firmly believing that the coin price will soon rebound.
In the following week, the coin price continues to consolidate. You learned more about cryptocurrency online and believed this was the 'main force accumulation phase,' so you continued to hold your coins.
A month later, the coin price not only didn’t rise but instead continued to fall by 20%. You begin to feel numb, thinking that if you can just break even, you decide to withdraw your funds and stay away from cryptocurrencies.
But things did not go as hoped; the coin price continued to decline, and at this point, you finally understood the concept of 'stop-loss.' Your heart is in pain, struggling, unsure whether to liquidate or continue to hold.
At this moment, a friend tells you that a new coin has surged by 200% recently, and shares his 'leading strategy'. You believe it, sell the coins in hand, and tell yourself to wait until you earn enough on the new coin.
Greed and fear are mindset issues that every trader must face. Our minds influence our trading behaviors.
The book advises people to be as calm as water, but how many can reach the realm of high monks? Traders who are not greedy or do not wish to get rich are probably not good traders either. Very few are unafraid of losses; how can we solve this problem?
Previously, I read a saying that provided a good answer: 'Trade when you are not so greedy and do not feel fear.'
Being able to do your own analysis, firmly execute, and calmly face it, what is there to fear? Stop-loss points and conditions have already been clearly set, target price points and conditions are also known; the rest is just waiting for the final result from the market.
Just patiently waiting for the results is such a good state; where is the fear and greed? May everyone maintain their own rhythm and wait quietly for the flowers to bloom.
Prepare for order operations!
Currently, in the bull market, opportunities arise every day, and we share passwords.
Continue to follow: $ETH #币安Alpha上新 #币安Alpha上新
