I am the captain, a 32-year-old from Wuhan, settled in Zhuhai. With a capital of 50,000 earned from working, I have rolled out 7 million assets through 2,555 days and nights in the cryptocurrency market. Every step has been hard-earned experience bought with real money, and every pitfall I have personally encountered. Today, I will share six profound trading rules; understanding one is worth 100,000, and practicing three will allow you to surpass 90% of market participants.
Please integrate the following rules into your trading DNA:
1. Do not easily throw away during rapid rises and slow declines
When the price of a cryptocurrency rises rapidly and then shows a slow correction, do not blindly stop-loss. This is often a method used by major players to wash out positions, targeting those with unstable mindsets. The real danger is the sudden crash after a spike—this is a carefully designed trap to lure in buyers; if you encounter this situation, decisively exit.
2. Be cautious when bottom-fishing during rapid declines and slow recoveries
When experiencing a cliff-like drop followed by a slow recovery, do not impulsively buy the dip. This is a typical characteristic of major players unloading their positions; do not be naïve and think "it has dropped to the bottom". The false rebound in the final stage is specifically designed to hunt down bottom-fishers, and blind buying will inevitably lead to losses.
3. High volume at high prices is still holdable, while low volume at high prices must be exited urgently
When prices reach new highs while maintaining a high volume state, there may still be upward potential. However, if high prices are accompanied by dwindling volume and light trading, you must exit immediately. A lack of new funds to support will often lead to a crash in an instant; avoid becoming the last buyer.
4. Be cautious of unusual activity at the bottom; sustained volume is the truth
When a sudden surge in volume occurs at a low price, do not be overly optimistic too early. A single surge in volume may very well be a false signal created by major players; only sustained volume recovery is a true sign of a trend reversal.
5. The essence of trading is human nature; volume precedes price is an iron rule
Behind the candlestick chart is the psychological game of the crowd. Trading volume is the true reflection of market sentiment; price is merely a manifestation driven by emotions. Volume does not lie, while price can be manipulated; understanding the relationship between volume and price is key to grasping the essence.
6. The market always has opportunities
Market trends are never absent; what is lacking is the eye to discover opportunities. Follow the captain's daily market analysis to accurately grasp timing for positioning. Say goodbye to the mindset of a novice and cultivate true trading skills.
If you want to achieve stable compound interest, I can guide you to earn in this market, so you won't be like a blind novice, at the mercy of the market's whims.
But still, as the saying goes, you must first have the execution power; as the saying goes, a prodigal son does not turn back, even a deity would find it hard to save you. #暴富
