Those who open positions based on feelings often end up with liquidation.
I've traded for seven years, losing over 100 in the first 3 years, only making back a few hundred in the next 4 years. Every penny is earned through blood and tears, resulting in awareness and discipline.
The secret of this market has never changed:
90% of people focus on news and chasing trends;
9% of people are eyeing the wallets of the market makers;
And that 1% of wolf-like players—dissecting the market's genes with the daily moving average.
Step 1: Verify the moving average's identity.
Treat the daily moving average as three seasoned traditional doctors—
5-day line: Emergency department head, quick to react;
30-day line: An expert in internal medicine, meticulous;
60-day line: A master on a grandmaster chair, steady and ruthless.
When the 5-day line crosses above the 30/60-day line, it's a signal for the head to rush into the expert clinic to salvage the market;
Conversely, once it breaks below, it's the rhythm of the market being sent into the cold palace; retreat immediately!
Step 2: The trading system is a cage to prevent impulsive decisions.
Post this line on your screen:
"Moving averages clash, ordinary people retreat."
When the 5-day line and the 30-day line are entangled together, entering is like throwing dice with your life on the line.
Hunters only wait for three lines to be aligned and charging in the same direction; that’s when it's time to shoot.
Remember, in the volatile hell of the crypto space, the simpler the daily moving average strategy, the more deadly it is. The expert's moves only take two steps—
5-day line breakthrough? Draw the sword!
60-day line turning? Sheathe the sword!
Step 3: Weld discipline into the operating platform.
Don’t write your trading plan on a napkin; when the market spikes, you’ll only use it to wipe your cold sweat.
The brutality of the daily moving average strategy lies in its demand for you to execute signals like a machine.
There’s a joke: A trader who consistently made money with daily moving averages for three years received a breakout alert at his wedding and immediately hid in the bathroom to close his position before coming out to wear the ring. After the bride scolded him, she saw the account balance and turned around to get him a top-spec monitor.
Carved in the mind:
You can doubt yourself, but never doubt the moving averages that have formed a consensus.
Don't be a lone warrior. If you want to make money, learn to stand on the side of the trend.
Daily focus: ILV RARE PYR OG BICO SYN
