Seven years of trading coins, from losing over 100 to earning several hundred, after personal experience, I finally understand: what you earn is never luck, but rather understanding + discipline.
In the first three years after entering the circle, I lost over 100, and my mindset shattered countless times. Later, relying on the same set of methods, I not only made back what I lost but also earned several hundred more.
The understanding gained from blood and tears can be summarized in one sentence: the market is always repeating, and the vast majority of people are always making the same mistakes.
90% of people focus on news to trade coins, chasing highs and cutting losses;
9% of people learn to follow the big players;
Only 1% of people, relying on the most ordinary moving average, coolly reap the rewards.
Step 1: Recognize the 'role' of the moving average
I treat the 3 lines as 3 seasoned doctors:
5-day line = Emergency Department Director, quick to act, reacts to the wind
30-day line = Internal Medicine Doctor, steady yet fierce
60-day line = Expert Clinic, patient, sees the long term
When the Emergency Director suddenly crosses above the two predecessors (5-day line crossing above 30/60-day line), the market is either about to take off or head into ICU; this is the signal.
Conversely, if the 5-day line falls below the two predecessors, don’t hesitate, just reduce your position and exit.
Step 2: System outweighs emotion
Please stick a note on your trading interface that says: "When moving averages clash, mere mortals retreat."
What does this mean? When the 5-day line and the 30-day line are entangled like twisted dough, if you rush in, it’s like betting on odd or even on dice.
A true hunter will only pull the trigger when all three lines line up and march in the same direction.
Step 3: Weld discipline onto the trading platform
Too many people write plans on paper, only to tear them up at the first sign of a pin bar.
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