I don't know if you've heard of Rayner Teo.
He is an independent trader with 15 years of trading experience, formerly a prop trader, and now his trading blog is very popular worldwide.
His method is simple: just follow trend trading.
Rayner often says a phrase: the biggest pitfall in trading is not that your skills are lacking, but that your hands do not obey, your heart is unstable, and your plans are not executed!
Many people are always looking for the so-called "holy grail of trading," fantasizing about a strategy that can make them rich overnight, and as a result, they overlook the accumulation and review in real combat.
Rayner's advice is straightforward: you must have a plan of your own.
What market conditions allow you to enter? Where are the entry/exit points? How to allocate your positions? How to control losses?
If you are always losing in trading, then change your plan, don’t change your luck. What is breakthrough trading?
In a word: at the moment when the price breaks through key patterns or key price levels, decisively enter the market!
It could be: a certain coin hits a new high! Breaking through important resistance levels, breaking through cup-handle patterns,
No matter which scenario, the core logic is the same: buy high, sell even higher!
Many people like to say: "Buy when oversold!" "Buy low and sell high!" "Be greedy when others are fearful!"
It sounds exhilarating, but in practice, it’s like catching a knife with bare hands. Buying low may lead to further declines, resulting in a double whammy of capital and confidence!
Breakthrough trading is different; it goes with the trend, not against it! You are directly riding the momentum train of the market, and sometimes this train runs for several months or even years. Once it runs in the right direction, the profits you can make are astonishing!
Of course, it also has flaws, such as "false breakouts" that can throw you off, but there is no perfect strategy; the core is to amplify its advantages and compensate for its shortcomings!
Imagine this: ETH is consolidating at 3650, suddenly breaks out with high volume above 3700, you enter the market immediately, and the trend pushes it to 3900, making a profit of 20% or 30% per position is not a dream! If you get it right a few times, your principal could double this month.
If you are still hesitating to bottom fish, waiting for signals, guessing directions… then you will always miss out on the real market conditions that can make you wealthy,
When to enter, how to increase positions, when to take profits or stop losses?
Follow this approach, and you will find trading has never been this easy!
