1. Technical analysis check (5 minutes)
Check the four-hour chart: Is the price above the EMA20 moving average (if yes, consider going long; if no, abandon)?
Check the hourly chart: Is RSI (14) between 30-70 (if out of range, abandon the trade)?
Screenshot the current candlestick chart and write down on your phone's notes: 'Does entering now align with the trend?'
Check the CoinGlass Fear and Greed Index
If the value is 80, abandon the order
Check the announcement page (are there any new listings/removals announced?)
Major event checks (set keyword reminders on your phone: Federal Reserve, CPI, ETF, hacker attacks)
Maximum single loss = 2% of total account funds (for example, account 5000
USD, maximum loss of 100 dollars per order)
Leverage calculation formula: Leverage = Maximum loss amount (Entry price × Stop-loss range)
Set a 15-minute countdown on your phone, no actions allowed during this period
Ask yourself: 'If this trade loses, will I be able to sleep tonight?'
2. 'Mandatory Management Steps' after opening a position
1. Immediately set stop-loss and take-profit (complete within 30 seconds)
Stop-loss position: Place outside the high and low points of the previous four-hour candlestick
Take profit level: 1.5 times the stop-loss distance (if you lose 1 dollar, you need to earn 1.5 dollars to make it worthwhile)
Set up using iPhone 'Shortcuts' or Android 'Tasker':
For every 10% profit, pop-up reminder 'Should I move the stop-loss to the break-even price?'
If held for over 12 hours, mandatory pop-up 'Should I continue holding?'
Immediately close the exchange App notification after opening a position
Cover the profit and loss display on your phone screen with sticky notes
Set three fixed times each day to watch the market (5 minutes each in the morning, noon, and evening)
Answer the following three questions:
Did you fully adhere to the checklist today?
Did losing trades occur due to temporary strategy changes?
Does profitable trading have an element of luck?
3. Create a minimalist 'Order Statistics Table' (Excel template)
4. Physical methods to combat gambling addiction
1. Fund isolation
Prepare two accounts:
Main account (only deposit 2000 USDT, never add more)
Profit account (immediately transfer out any portion that earns over 5% weekly)
1. Constraints of physical tools
Buy a kitchen timer, set it to 15 minutes before each order
After each rule violation:
No trading allowed on that day
Handwrite the following sentence 10 times:
"Frequent trading fees lead to a monthly loss of 27% of the principal under 10x leverage"
I am Ah Yue, focused on analysis and teaching, a mentor and friend on your investment journey! I hope everyone investing in the market can sail smoothly. As an analyst, the most basic thing is to help everyone make money. I will solve confusion, trapped positions, and provide operational suggestions, speaking with strength. When you lose direction and don't know what to do, look at Ah Yue (homepage) for guidance.