1. Short-term
1. Focus only on the top ten mainstream coins every day, according to the current market hotspots, news, daily MACD golden cross, BOLL opening and closing, combined with market trends, comprehensively consider, and select volatile varieties for trading.
2. Manage your position well:
A share of 50,000 divided into 20% means 5 portions; take one portion for each position.
3. Never go all in, at most 50%, always keep 50% of your capital in reserve for opportunities.
4. Do not execute more than 3 trades in a single day; you need to keep it under control.
5. Never average down; if you enter a position and incur a 30% loss, withdraw promptly. This indicates that the timing for entering was wrong.
6. Set a stop loss of 30%. If it's broken, close the position unconditionally. Don't hold on to the position, holding on will lead to death.
7. Never fall in love with candlesticks; get in and out quickly, remember!!!
8. Go with the trend, trend is king, only trade mainstream coins, not small altcoins!
2. Life-saving rules in the crypto circle (recommended to memorize).
1. Don't rush to run away after a big drop in the morning; usually, there will be a pullback in the afternoon!
2. If there's a big rise in the afternoon, reduce your position, as the probability of a pullback at night is high!
3. A decrease in volume during an increase will still rise; a decrease in volume during a decrease will still fall.
4. Major meetings or positive news will generally lead to price increases, but once the news lands, it will drop.
5. Continuous significant drops during the day in the domestic market require bottom fishing, and foreigners will pump the market at 21:30 at night.
6. The key signal for buying and selling is the spike; the deeper the spike, the stronger the buy and sell signals.
7. When you hold a large position, you will definitely face liquidation. Why? You are on the exchange's key focus list for liquidations.
8. After your short position stop loss is completed, it will definitely drop. If it doesn't trick you out or push you to the limit, how can it drop? For example, TRB.
9. When you're about to break even, just a little more, and the rebound suddenly stops, how can you close your position and run away?
10. When you take profit, you are already in the game; if you don’t exit, how can you drive the market? The car is too heavy.
11. When you are excited, the waterfall comes as expected; your excitement is also a trap set by the big players.
12. When you're broke, every project seems to rise, making you FOMO, so you rush in. Therefore, you understand that the market is manipulated with over 80% probability. Besides managing your position, you must also act decisively. Clearly, do not enter the market before the big players operate. Once you enter, you are at the mercy of the exchange while they are the ones in control. Trading is about patience, composure, and timing. If there are any different opinions, fellow coin friends are welcome to comment and discuss, thank you!#中国加密新规