Now that many people see the multi-million in my account, they say I am the chosen one, having hit the jackpot. But they only see the results; who knows the struggles behind it, filled with blood and tears?
Want to know how I turned things around? It’s all thanks to the simplest yet most rigorous rolling position logic. There are no complex techniques, just rigid execution.
Let's break down this 'rolling position method':
1. Only recognize the major trend, avoid minor fluctuations. Focus your attention on the major trend; if the market is unclear, stay in cash and wait. Don’t meddle blindly. Too many people are fixated on short-term gains, disregarding risks, and end up losing everything.
2. Position control should be done in three batches. Split each entry into three layers; it’s better to miss out than to go all in at once. The consequence of betting big is that if you lose, you lose everything. Therefore, you must seek steady progress and not be greedy.
3. Stop losses must be strict! You should have a clear idea of how much loss you can bear. Set your maximum acceptable loss point in advance, and cut immediately when you reach it, without hesitation. Many people lose everything because they procrastinate on their stop losses.
4. If you’ve made a profit, increase your position; if you’re losing, reduce your position. Going with the trend is the right path: increase your stake when you earn, and pull back when you lose. Acting against the trend is like being meat on the chopping block, eventually getting chopped by the market.
With this 'rigid' logic, I rolled from 900U to 34,000, then to 180,000, and now my account has broken 800,000! While you are envious, this relies on discipline and methods, not luck.
Most people lose money, and it boils down to two words: 'anxiety' plus 'greed'. As soon as they make a little profit, they want to increase their positions, only to end up losing even more. I’ve seen a brother who held on tightly when his account was down to 1200U, and eventually turned it into 60,000. This is not magic; it’s built on patience and execution.
If you want to make money, first change your bad habits! There is enough money in the market for everyone, but you need knowledgeable people to guide you. Without proper connections, you can only become cannon fodder. The market is just right now; the gold period has arrived. Don’t wait until the bull market peaks to regret it: if only I had listened to you back then.
Don't wait any longer; start now and seize this opportunity to turn things around!
In a bull market where there are clear gains, why are you facing liquidation? Avoid these 7 'death traps' (with a guide to avoid them).
It’s said that in a bull market, you can 'earn with your eyes closed', yet there are still people losing their principal every day, shouting about liquidation, and claiming they are trapped. It’s not bad luck; it's because you haven’t avoided these invisible traps that specifically harvest retail investors.
1. First, avoid the 7 bull market 'death pits'
1. Trap 1: Mindlessly chasing highs, catching the last baton.
A bull market is not just about rising without falling! Those coins that have already risen by 200% or 300% may be the 'last baton' you catch as the market maker sells off. Once there’s a 20% pullback, all previous profits are lost, and you may even lose your principal.
2. Trap 2: Chaotic position management, going all-in at high prices
When prices are low, you fear they will fall and hesitate to buy, but when the coin price skyrockets, you aggressively increase your position, going all in. As a result, with even a slight pullback of 5%-10%, your loss will be greater than anyone else's, turning your 'small profit' into 'deep loss'.
3. Trap 3: High leverage frenzy, going to zero overnight
Think 10x leverage makes you 'earn fast'? In a bull market, volatility is greater; even a 10% drop with 10x leverage can lead to liquidation; under 50x leverage, a 2% drop can lead to zero. High leverage is not a money printer; it’s a 'grinder' that crushes your principal.
4. Trap 4: Blindly believing in 'hundred times altcoins', looking down on the mainstream.
If you feel that Bitcoin and ETH are rising too slowly and constantly watch 'hundred times altcoins recommended by anonymous teachers', the mainstream coins will keep hitting new highs, while your altcoins either stagnate or go to zero, making it impossible to recover your principal.
5. Trap 5: Failing to take profits, turning gains into losses.
When you earn 50,000, you want to earn 100,000; when you earn 100,000, you aim for 200,000, always thinking about 'selling at the highest point'. As a result, when the market pulls back, you drop from making 100,000 to losing 50,000, ultimately watching your 'paper fortune' turn into 'actual losses'.
6. Trap 6: Frequent trading, working for the platform.
Opening and closing positions 8 times a day may seem like 'capturing every wave of the market', but in reality, each trade incurs a fee. After a year, the fees you pay may exceed your earnings; you are not investing, but paying the platform a 'VIP annual fee'.
7. Trap 7: Blindly trusting 'calls', becoming chaff.
"Teacher XX" says "this coin must rise by 50%", and you rush in to buy; after you buy, the market maker immediately sells off, causing the price to plummet — the same old script of harvesting retail investors happens because some people want to take shortcuts.
2. Four guidelines for avoiding pitfalls in a bull market.
To make money in a bull market, the core is not to 'bet on the market', but to 'stick to discipline'. Remember these 4 points:
• Only invest spare money: only invest money that won’t be needed in the short term (like savings not needed for 1-2 years) so that losses do not affect your life, allowing you to calmly observe market trends and avoid 'rushing to recover losses'.
• Stick to mainstream coins: prioritize selecting mainstream coins like BTC and ETH, which have large market caps and strong consensus; even if they pull back, they can still recover; altcoins, which seem 'promising', are actually 90% tools for harvesting retail investors.
• Strictly control positions and leverage: beginners should directly give up contracts and avoid leverage; for spot positions, do not exceed 50% of your capital (for example, if you have 100,000 in capital, invest a maximum of 50,000), leaving enough funds to cope with pullbacks.
• Clearly define profit-taking and stop-loss points: set targets in advance (e.g., take profit at 20%) and bottom lines (e.g., stop loss at 10% loss), and execute when the point is reached. Don’t let greed keep you from executing and end up in losses.
Lastly, I want to say: losing money in a bull market is not the market's fault; it’s because you lack strategy and discipline, always wanting to 'make quick money by luck'. Remember, those who don't make money in a bull market will only lose more in a bear market — investment is the monetization of cognition; you will never earn money beyond your understanding, let alone think you can survive long in the crypto space by 'gambling'.
In the crypto circle, making 1 million depends on either a big bull market + holding on, hitting the right coin for riches, or leveraging high to bet right. But most people lose money, so don’t just look at the stories of getting rich; first, think about how much risk you can bear.
If you are also a tech enthusiast in the crypto space, click on the coin homepage.
Click on the avatar to follow me and receive first-hand information and in-depth analysis!
The ultimate guide to Ichimoku Cloud | The Japanese trading tool you must master.
Summary:
◎ What is the Ichimoku Cloud: The Ichimoku Cloud (Ichimoku Kinko Hyo) is a technical indicator used to depict support and resistance levels, identify the current trend direction, and assess its momentum. It is designed as a 'clear balance chart' that allows traders to quickly recognize trends and their internal signals.
◎ How to use the Ichimoku Cloud: The Ichimoku Cloud consists of five lines: Leading Line A and B, Conversion Line, Base Line, and Lagging Line. These lines are based on different calculation methods representing various elements of market information. When the two leading lines cross, they form an area known as the 'cloud'.
◎ Like other lagging indicators, the Ichimoku Cloud is based on historical data, and past performance does not always accurately predict future trends.
Trading is like a game of chess; you will plan based on predictions of your opponent's possible moves, but things often do not unfold exactly as planned. Market fluctuations are unpredictable, yet this does not stop people from trying to forecast its movements. From moving averages to Fibonacci retracement levels, traders rely on various technical indicators to navigate market changes.
Technical indicators cannot absolutely reflect market sentiment, nor can they always accurately predict market direction, but they do provide more insights, allowing traders to visualize various market metrics and overlay them on candlestick charts for analysis.
Structure of the Ichimoku Cloud.
The Ichimoku Cloud is a technical indicator used to depict support and resistance levels, identify the current dominant trend direction, and assess its momentum. It is designed as a 'clear balance chart' that allows traders to quickly identify trends and the trading signals within them.
As a whole, the Ichimoku Cloud is composed of five different lines, four of which are calculated based on the average of the highest and lowest prices within a specified time period. When the two leading lines cross twice, an area is formed between them, known as the 'cloud'.
Based on the position of these clouds relative to the price line, they can provide a comprehensive predictive model for price fluctuations. Although currencies and markets have existed for hundreds of years, the addition of electronic computers is relatively recent, allowing us to transition from using simple moving averages to more efficient technical indicators like the Ichimoku Cloud.
The origin of Ichimoku Kinko Hyo.
"Ichimoku Kinko Hyo" (commonly translated as 'One Look Equilibrium Chart' or 'Cloud Chart') was created by Japanese journalist Goichi Hosoda in the late 1960s. This indicator seems complex at first glance, and indeed it is. To calculate the various curves used in the Ichimoku Cloud on a large scale, only a computer can handle it; the data points it provides far exceed those of ordinary candlestick charts.
When the price line is above the cloud, this indicator predicts that the overall trend will develop upward; when the price is below the cloud, it usually indicates that the market is entering a downward trend. Although the Ichimoku Cloud consists of multiple components, it is typically not used in isolation. Traders often combine it with other technical indicators to maximize profits while controlling risks, such as pairing it with RSI (Relative Strength Index) or moving averages.
The Ichimoku Cloud colors the cloud region red or green based on the relative position between the two leading lines. These clouds can serve not only as support and resistance areas but also extend predictions into the future, unlike static trend lines, which cannot adjust dynamically based on asset performance.
Every day, traders weigh whether to buy, sell, or continue holding their current assets. The foreign exchange, futures, and cryptocurrency markets are known for their severe volatility, and this seemingly simple decision requires great caution to maximize returns. While technical indicators can never be 100% accurate, combining market context and a broader understanding, traders can still come very close to ideal judgments.
How to use the Ichimoku Cloud?
As mentioned earlier, the Ichimoku Cloud consists of five lines: Leading Line A and B, Conversion Line, Base Line, and Lagging Line. These lines use different calculation methods to represent various informational components in the market, such as moving averages, cycle highs or lows, etc.
◎ Leading Lines A and B.
Leading Line A represents the average of the Conversion Line and the Base Line, calculated based on the highest and lowest prices over a certain period. Leading Line B is calculated similarly to the Conversion Line and the Base Line, while the Lagging Line reflects the trend of the historical closing prices over a short period.
When Leading Line A crosses above Leading Line B, the cloud indicates that the market is in an overall upward trend, and the cloud color turns green; when Leading Line B crosses above Leading Line A, it indicates that the market is in a downward trend, and the cloud color turns red.
However, to utilize the Ichimoku Cloud more comprehensively, traders often refer to larger trend frameworks, as the market can sometimes suddenly reverse after briefly presenting a particular trend. For example, an asset might briefly enter the cloud (even slightly breaking through it) during a strong downward trend, only to then fall into an unprecedented bear market.
◎ Base Line in Ichimoku
If you ignore longer-term selling pressure, such price behavior may mislead novice traders into incorrectly predicting a bullish market trend. Some traders will trade based on the crossover of the Conversion Line and the Base Line, especially when the price is above the cloud, which is a strong buy signal. However, while crossovers are typically key trading moments, they are not always worth rushing into.
◎ Moving averages in the Ichimoku indicator.
The moving average is an important part of the Ichimoku indicator, and traders generally use it to describe past market trends, hoping that the asset will exhibit similar behavior in the future. Like the cloud, moving averages are lagging indicators, but the Ichimoku Cloud has a slightly forward-looking nature due to its structure in each new cycle.
Hosoda believed that price behavior and its extremes are more important than the smooth data provided by short-term simple moving averages. His logic was that price behavior not only indicates key highs and lows but also reveals 'turning points' — critical positions for large amounts of capital entering or exiting the market. It essentially depicts the core timing for traders to enter or exit the market.
◎ Conversion Line vs. Base Line
The Conversion Line does not rely on average price or closing price, so it reacts more sensitively to price changes. Its slope can also reveal trend strength: the steeper the angle, the stronger the trend; the flatter the line, the weaker the momentum.
The Conversion Line can be seen as the 'first line of defense' for trends, more suitable for measuring trend momentum; once the Conversion Line turns, it usually indicates that the overall trend may weaken. The Base Line is also used to represent the trend over a certain time period, calculated similarly to the Conversion Line, but based on a longer period.
In simple terms, it measures the highest and lowest prices over the past month. If the Base Line suddenly rises, it indicates that prices have generally increased over the past month; a flatter Base Line reflects that prices are in the middle of that month's range.
Due to the longer period, the Base Line is seen as a more reliable tool for judging price behavior and is often used as a stop-loss line in trend trading. Combining the 9, 26, and 52-day moving averages, the seemingly chaotic lines in the Ichimoku chart allow traders to identify advantageous trading positions and target prices quickly.
Leading Lines A and B integrate the trading logic of simple moving averages, while Leading Line B can even anticipate the 50% Fibonacci level, often serving as an entry point for trades. Traders also frequently use this indicator to assess the likelihood of trend reversals or stagnation.
◎ Flat and thin cloud patterns.
A flat Ichimoku cloud pattern represents common price targets. Long-term investors can use this to predict market trends and assess reversals, while day traders can capture additional profits.
Prices often move within areas where cloud patterns change; although this is not always the case, especially in the cryptocurrency market, it is a hypothesis worth trying.
Thin clouds are usually a strong signal of momentum, while gradually thickening clouds often indicate a slowdown in market momentum.
Best accompanying indicators for the Ichimoku Cloud
Volume indicators can serve as corroboration; the Ichimoku Cloud is often used in conjunction with RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence) histogram, and stochastic indicators. Although Ichimoku is very useful in trending markets, it performs poorly in volatile markets due to the frequent changes in red and green clouds, making it hard to provide clear signals.
A volatile market refers to the price of an asset repeatedly reaching the same high and low points within a range. In this situation, the Conversion Line will become smoother to follow price changes.
The standard settings for the Ichimoku indicator are 9, 26, and 52-day moving averages: 9 days is approximately a week and a half of trading, 26 days is roughly a month (excluding Sundays), and 52 days represents two months of trading.
How accurate is the Ichimoku Cloud?
Using the Ichimoku Cloud does not guarantee profits; its effectiveness depends on multiple factors, including the time frame used, past crossover points, crossover angles, and broader trend factors. Like all lagging indicators, the Ichimoku Cloud reflects past information, and past performance does not guarantee future results.
◎ Lagging Line
A less discussed part of the Ichimoku indicator is the 'Lagging Line', also called Chikou Span, which is typically plotted 26 periods behind the current closing price. It is used to observe the relationship between past trends and current prices, as well as to verify the accuracy of the Ichimoku indicator.
An upward Lagging Line is often a strong signal of a bullish market trend. The previously mentioned 'flat cloud' can serve as a price target but often indicates market indecision and trend weakness, warranting extra caution.
In contrast, a 'thick cloud' is more effective in confirming trend validity and is usually a safer trading area. However, the Ichimoku Cloud can also produce 'false signals'. After all, it is essentially just different period moving averages used to depict past support and resistance levels. At times, its signals may appear delayed, and these anomalies are difficult to predict or replicate.
Conclusion
Technical indicators can only provide a structured interpretation of market behavior; the actual buy and sell decisions and risk control still require traders to judge and seize opportunities themselves.
The Ichimoku Cloud is especially helpful for beginners; it helps identify trend directions, find entry points, assess momentum strength, and recognize potential reversals. However, it is far from being the 'holy grail' for day trading.
Trading is like a game of chess, but unlike a chess game with only one opponent, the opponent in trading is the entire market. Although the Ichimoku Cloud presents a complex image made up of multi-colored lines, a deep understanding of each element will greatly enhance your insight into market behavior.
Beware of 'exchange rate differences', don't be cut by high prices.
Many people, when entering the market to buy USDT, often spend hundreds or even thousands of yuan due to a lack of understanding of key information. Here are three key points you must understand before purchasing USDT:
1. Beware of exchange rate traps to avoid passive premiums.
USDT is theoretically pegged to the US dollar 1:1, but when purchased with RMB, there is often a hidden premium. For example, when the real-time exchange rate is 7.2, the seller's quote may reach 7.5-7.8, resulting in an extra payment of 300-600 yuan when buying 1000 USDT. Off-market transactions often hide unreasonable price differences.
• Practical advice: Use authoritative financial apps to check real-time exchange rates, calculate the actual cost of each USDT (total price ÷ quantity), and prioritize compliance trading platforms with transparent quotes.
2. Recognize the blockchain network to prevent asset loss.
USDT has multiple chain versions, and transferring to the wrong chain can lead to permanent loss of assets. The main characteristics of each version are as follows:
Chain type Fee Arrival speed Applicable scenarios.
TRC20. Minimum Fast Preferred for daily transfers.
ERC20 High Slow Institutional-level Trading
BEP20 Medium Fast Circulation within the Binance ecosystem.
• Risk-hedging plan: double-check the chain type before transferring, test with a small amount for the first transaction, and beginners are advised to use TRC20 channels.
3. Master the essentials of asset storage to ensure fund security.
Common storage misconceptions: long-term storage of assets on trading platforms, electronic storage of mnemonic phrases, and use of wallets from unclear sources.
• Correct approach:
◦ Choose storage methods based on holding periods: short-term in exchange accounts, medium to long-term in decentralized wallets.
◦ Adopt a 'cold-hot separation' strategy: hot wallets for small amounts of liquid funds, cold wallets for large asset storage.
◦ Mnemonic phrases should be handwritten on fireproof and moisture-proof materials, never transmitted online, and stored in multiple physical locations.
Important supplement: Safety first principle.
• Refuse the temptation of 'ultra-low prices'
• Verify the platform's compliance qualifications.
• For the first transaction, choose daytime working hours.
• Keep complete trading vouchers.
Final summary.
Price comparison: calculate costs against real-time exchange rates; verify chains: confirm that the sending and receiving addresses are on the same network; custody: select storage solutions based on needs. Spending 10 minutes preparing can avoid 90% of beginner mistakes; safety is always the first lesson in investment.
In the crypto circle, making 1 million depends on either a big bull market + holding on, hitting the right coin for riches, or leveraging high to bet right. But most people lose money, so don’t just look at the stories of getting rich; first, think about how much risk you can bear.
If you are also a tech enthusiast in the crypto circle, click on the coin homepage.
Click on the avatar to follow me and receive first-hand information and in-depth analysis!
