Summary of Seven Years of Trading: Recognize Moving Averages and Maintain Discipline to Have a Chance to Turn Things Around

After seven years of trading, I lost over a hundred in the first three years, but gradually made it back later. Ultimately, making money relies on understanding and discipline, not random guesses about hot trends.

The market rules have remained unchanged:

90% of people chase news,

9% focus on the main forces,

The truly long-term profitable 1% look at the direction of the daily moving averages.

Step One: Learn to Read Moving Averages

The 5-day line is like an emergency doctor, quick to respond;

The 30-day line is more stable, serving as a medium-term reference;

The 60-day line is like an expert, determining the underlying direction of the market.

When the 5-day line crosses above the 30 or 60, it indicates a rise; when it crosses below, it signals a need to reduce positions.

Step Two: Systematic Execution, Don't Rely on Feelings to Place Orders

Do not act when moving averages are tangled, only take action when all three lines are aligned.

The simplest trading method: enter when the 5-day line breaks through, exit when the 60-day line turns.

Step Three: Strictly Adhere to Discipline, Don't Trade Based on Emotions

No matter how strong the market is, you cannot deviate from your plan. Mechanical execution of signals is actually the most stable.

Trading based on feelings will always lead to losses. If you want to truly seize the opportunity for a tenfold coin, you must start by understanding moving averages.

Follow the right people, take the right path. Stay close to me, and avoid detours.