Dear traders, after ten years in the world of cryptocurrencies, I've seen countless beginners lose their entire investments due to a lack of technical skills. Today, Gary shares with us his three core trading techniques; mastering them will help you avoid at least 80% of these problems!

First tip: Check your opening price of the position carefully using "trend + key levels."

Do not open your trades randomly based on your feelings! Reliable position openings must meet two conditions:

First, examine the long-term trend (such as the four-hour or daily chart) to determine whether the market is bullish, bearish, or volatile.

Then, identify key support/resistance levels on the short-term chart (one hour), such as previous highs and lows, or areas of high trading volume.

For example, Bitcoin (BTC) has recently been fluctuating around 110,000, and the trend on the four-hour chart is more volatile. A safe entry point for a buy trade is when the price drops to 109,000 (support level) on the one-hour chart and signs of stabilization appear. The second technique: taking profits using "combined profit-taking + trailing stop-loss orders."

Many earn and lose money simply because they don't know how to make profits! Here is my favorite method:

Maintain your core position and close part of it (for example, 30%) to lower the cost line.

Set a trailing stop-loss order for the remaining position, for example, 200 points above the opening price. If the price rises, follow it. If the stop-loss order is triggered, you can still keep most of your profits. When Ethereum's price rose from 4700 to 4900, I did the following: I first closed 25% of my position, then set a trailing stop-loss at 4800 for the remaining position. In the end, I captured most of the gains.

Technique 3: "Trial and error with small positions + following the trend with large positions" to control risks.

Never take risks! Sound management of positions:

Start with a small position (for example, 10%) to test and validate the trend, then gradually increase your position (10%-15% each time).

If the trend is wrong, set a small stop-loss order to keep losses within an acceptable range. Like the recent SOL market, I started with a 5% position to test the situation. After it rose, I increased it to 20% in two steps and steadily reaped the rewards.

These techniques may seem simple, but few people excel at applying them. Would you like to follow me and practice these techniques step by step? Follow me! I will share more real-life examples and help you transition from "random trading" to "consistent profits." ~#ETH #solana #BinanceSquareTalks #Ethereum #Write2Earn $ETH $SOL $XRP