Every day after sending my child to school, I brew a cup of coffee and sit down at my computer; this is my real trading time.
From nine to eleven, I watch the trading volume of those ten plus coins, trading back and forth, phone on silent, and no one should disturb me.
When the market sleeps in the afternoon, I also take a nap; otherwise, I might go to the river and cast a line, not catching any fish, but often snagging some unexpected swing profits.
I've seen too many people treat trading like gambling, staring at the market all day with red eyes.
I refuse, always keeping 30% cash in my account, like holding onto the last trump card.
Add positions when the market is good, reduce when something feels off; only by surviving longer can you laugh last.
Those who gamble all their funds at every opportunity have long disappeared during the crashes.
Remember six iron rules:
Stop-loss should be as quick as a reflex, don't fall in love with the market;
Better to miss than to make a mistake, the profits in between are the safest;
Any rise without volume is just a trick; good news must be reacted to within three seconds;
In a volatile market, one should sip tea and enjoy the show;
When others are crying during a crash, it's your best time to pick up bargains.
MACD divergence is my specialty; when prices hit new highs but momentum doesn't follow, the market is quietly telling you to run. Use the 13-period ATR to set the stop-loss, confirm with four signals before going heavy; at other times, I'd rather miss out.
Trading should make life freer, not tie you to the computer.
I finish work at four in the afternoon now, accompanying my child with homework is much more important than watching the market.
There are always opportunities in the crypto world, but if the account blows up, then there’s nothing left.
Two hours a day, using discipline to conquer the market; this is the true way for retail investors to turn things around.
#MichaelSaylor暗示增持BTC #币安Alpha上新 #美联储比特币储备 $BTC $ETH
