Must-See! The Trading Techniques of Big Players in the Crypto World
Ross Cameron, a trading expert who turned a $583 account into over $10 million,
he said he used to trade like a headless chicken, and later suffered devastating liquidations. It was only after those liquidations that he finally settled down to study trading strategies, and he eventually found a trading model that he has been using ever since. Although many KOLs are questioned, if they have such strong trading abilities, why do they choose to be KOLs, Ross Cameron often conducts live trading challenges, repeatedly turning hundreds of dollars into thousands or more over the course of a month, leaving skeptics with no words. Half of his success comes from the strategy he uses to select assets; how to filter suitable assets? Of course, one must look for targets that have rapid rising factors. Rapid increases are unlikely to occur with giants such as Bitcoin, where a daily increase of more than 20% is very rare.
Assets with rapid rising factors generally have five characteristics:
1. Daily increase exceeds 10%, this type of asset has gained momentum, and continuing to rise by 10% is much easier than for an asset that hasn't started rising yet.
2. It should be among the top five in the increase ranking, because being at the front of the increase ranking indicates that current market funds and attention are focused on these assets, resulting in very good liquidity and trends that adhere more to trading rules.
3. It needs to have a very high relative trading volume, meaning that an asset has a significantly higher trading volume today compared to previous days. For example, if a certain coin usually has a trading volume of around 150,000, but today it becomes 150, which indicates a very large relative trading volume today, short-term high trading volume can push prices to increase by more than 10%.
4. The price of the asset should not be too high; it is definitely easier for an asset to rise rapidly from 1 yuan to 2 yuan than from 20 yuan to 40 yuan.
5. The circulation should be low; price increases occur because of a very large unmet demand in the market, and the assets available in circulation are not abundant, which can trigger further price increases. After selecting the asset, we will open the chart and now observe what position this asset is currently in at the small time frame, whether it is in a pullback, at a low point, or breaking through a certain price range.
