1. Only trade $BTC and $ETH, the mainstream coins.
2. Mainly determine the entry points for short positions in batches using the important pressure moving average group above the 4H level.
For example, if the MA60 moving average on the 4H level continuously suppresses the price, use this moving average as the entry point for short positions, generally using the support below at the same level or one higher level as the entry points for long positions in batches.
Stop-loss: Place it below the previous low after a downward spike followed by a rise; for example, if the support level is at 2320 and the spike goes to 2310, then the stop-loss should be placed below 2310, around 2300.
4. Stop-loss principal: 20% of total principal; if reached, no more trades for the day. 4.2. Daily operations generally focus on two trades, with a single stop-loss controlled at 10%.
The position size for a single trade should remain consistent.
5. Try to enter in batches rather than loading all at once! 5.2. Follow the trend as much as possible when opening positions; if the main trend is short, try to open short positions, and vice versa.
1. When the overall market trend is good, chase the hot coins.
2. Control the profit and loss ratio, maintaining around 3:1.
3. The daily stop-loss drawdown should be 15%-20% of the principal; if reached, no more trades for the day.
4. Daily review. Three. Market dumping: Stay in cash and wait to enter in batches; if there are no opportunities, just wait in cash; in this market condition, not losing money is equivalent to making money.
Four.1. Winning stop-loss: If there is no stop-loss on the trades for the day and the same level K-line pattern has not shown a pattern breakdown, you can choose not to implement a winning stop-loss.
Five. 1. Never think about going all in for a sudden wealth.
2. Only trade within your own market! Learn to stay in cash, do not force trades.
3. Do not trade at night.
4. Try not to open positions on weekends.
5. After being stopped out, control your mindset, do not get emotional.
