Ten years of trading, saved 55,000 from working, now over 20 million, only doing spot trading, not playing contracts. Although I haven't turned 10,000 into two small targets like some people, I am very content and feel secure, dreaming that my account can break 100 million by the end of this year, and next year I will have more capital to earn more money.
The mindset for trading must be good; when the market drops, don't let your blood pressure rise, and when it rises, don't get carried away, securing profits is crucial. When I first started trading, I was also worried about not being able to sleep well, often waking up in the middle of the night, but now I am much calmer.
In the end, the difficulty in making money isn't the technique, but implementing my own set of secrets; just this statement excludes 70% of people.
333 Position Control Method
Simply put, if the position is ten layers, first buy 3 layers, then buy 3 layers, and finally buy another 3 layers. So, we implement the 333 position control method.
The importance of the 333 position control method.
1. Successful investment = objective and concise rules + patience to wait for opportunities + rational position control + decisive stop-loss + courage to expand profits.
2. The cryptocurrency market is either short or long, but in such a random stock market, as long as you manage your position, you can still make money.
3. Position management means deciding how to enter the market in batches when you decide to go long on a particular investment, as well as how to set stop-loss/stop-profit levels. Manage every step of entry, stop-loss, and take profit. First perform a 3-layer operation on the selected stocks. When the first surge occurs, you can appropriately reduce your position. After adjustment, when a golden cross appears, you can increase your position. Then during the second rapid and high surge, you can perform high selling operations. By doing this, achieve reasonable control over positions and effective profits.
The so-called 333 position control method not only effectively controls positions and stabilizes profits but also has another usage. It is used for untying operations.
1. If you are trapped at a high position, follow the 333 position control method for a reasonable first increase.
2. Control positions when rebounding to high levels and perform reduction operations.
3. Continuously cycle through this process, repeatedly performing increasing and decreasing operations, successfully using the 333 position control method for untying operations. Then successfully untying.
Notes on the 333 position control method:
First: decisively buy in 3 layers when you are optimistic. Secondly: the stocks you are optimistic about must undergo comprehensive analysis and judgment, rather than buying randomly when you see any stock. Finally: no matter how good, there is a probability of decline, so if the selected stocks really drop, you need to make alternative plans. Friendly reminder: when buying a cryptocurrency, do not exceed 70%, never go all-in. The remaining 30-40% of the position should be used for high selling and low buying during the upward trend to reduce costs and increase profits. The core logic of trading is how you view the relationship between risk and return; what trading cycle do you adopt; how do you execute?
Trading cryptocurrencies is a practice; only by enduring loneliness can you succeed.
After 10 years of trading, using real money to pave the way in the cryptocurrency circle with the "Five Major Investment Rules + Ten Trading Rules + Stable Investment Plan," whether you are a novice or an experienced trader, once you deeply understand the essence, I believe it will help you in your future trading.
Five Major Investment Rules:
1. Consider and observe the project from multiple angles. Do not follow the crowd blindly. Many scam projects have appeared in the cryptocurrency circle. Once the founders run away, there is no way to pursue legal responsibility.
2. Understand blockchain-related knowledge and know the industry pain points that blockchain solves before entering the cryptocurrency circle.
3. For the projects you want to invest in, you must have a comprehensive understanding. Know whether the project truly utilizes blockchain technology, whether the founder has publicly disclosed their identity and their background is genuine, whether the project's business logic is closely tied to the token, and whether similar projects in the same industry are already solving industry pain points. If the project successfully lands, does it have the capacity to profit in real life?
4. If you cannot accurately judge the project's prospects, do not invest more than 20% of your assets when participating in blockchain investment, and do not put all your eggs in one basket.
5. Quality projects will also have ups and downs; treat them with a normal heart. For the investment projects you are optimistic about, do not pay too much attention to the price in the short term. Pay attention to whether the team's development progress is consistent with the white paper. Additionally, only long-term holding will ultimately earn more returns.
Stable Investment Plan:
Position control, never go all-in easily. Why do we say not to go all-in?
The first point is risk control. You cannot guarantee that it will rise immediately after you buy. If you encounter a waterfall, your assets may greatly depreciate, and you cannot add positions to lower the average price.
The second point is mindset control. I have had this experience myself; after going all-in, I would keep staring at the screen, severely affecting my mindset. I couldn’t even sleep well.
The third point is the susceptibility to being cut, with a gambling mentality, constantly wanting to see changes in your earnings. After going all-in, if you see your cryptocurrency price rise slowly while others are rising or there are other cryptocurrencies you want to buy, you cut losses to buy in, leading to less and less money from repeated operations.
Long-term 30-40% for long-term holding
Short-term 30-40% why there is short-term
Many people say that short-term trading is guaranteed to lose money. However, under the long-term capital allocation, trading cryptocurrencies is a very interesting thing. I believe that the vast majority of people cannot control their hands. As long as you manage your position well and do not frequently cut losses, short-term trading should generally lead to profits when exiting (unless there are issues with the project or the overall market).
I have penetrated the meaning of life through trading, learning to examine everything around me from the perspective of volatility and probability. Seeing clearly what I want is my greatest gain from learning and studying trading.
Since I thought I had awakened, I buckle my seatbelt when driving, quit smoking, avoid arrogance and impatience, act steadily, love learning, love working, and treat all people and things around me kindly.
Eliminate bad habits; success will come naturally and effortlessly.
I bought a piece of cheap jade and carved the words 'gentleman is as warm as jade' to encourage myself.
I have realized many truths; let me casually mention one: all correct purposes are to prove oneself wrong. I humorously verified this.
Now, trading requires me to quit trading. Really, I suddenly feel that a life of cheating is meaningless. This way of making money is pointless and will destroy my hope for the future.
I want to temporarily escape the lonely life and do something I love during my spare time. I started learning to write with a brush every day, sketching, appreciating famous paintings, playing the electronic piano, listening to music, studying psychology, reading the Four Books and Five Classics, smiling and chatting with people actively, inviting others to dinner when I have the chance, taking walks in the park when I have time, enjoying the trees, mountains, and water. The happiest things have nothing to do with money. I have never thought about changing anything; being able to see and experience more of this world makes me very happy. Humanity passes down so many interesting and lovely cultures; why must you entrust your whole life to K-lines and live in solitude for a lifetime?
These are all lessons trading has taught me. What do you say the true meaning of trading is? It reflects your inner self; see clearly what you want! When you manage to balance, the market will also be humble and accommodating. If you are greedy, the market will surely leave you exhausted. If you try to defeat the market, the market will ensure you have no place to bury your body.
"My life has been a failure!"
This is a reflection of successful speculative predecessors who committed suicide when they were unattainable. Speculating too quickly and crazily, since the body cannot keep up, why not slow down?
What is the true meaning of trading, you ask? I only seek one defeat.
What is the true meaning of life, you ask? I only seek one death.
Do you think this is pessimistic? Do you think this is arrogant?
No! This is a calm and peaceful attitude towards the game, neither sad nor happy, neither afraid nor fearful.
I want to share some iron rules of the cryptocurrency circle:
First, only participate in the irreversible upward trend of the market. "Only participate in the irreversible upward trend of the market." The market is the fact, it cannot be doubted, nor challenged; the trend is irreversible. As investors, we must dare to admit mistakes, correct them at any time, reject uncertain market trends, and engage in those trends that even the big players must follow; we must know how to go with the flow.
Two, refuse frequent trading. The casino is open 24 hours; there is no need to frequently open positions. There are many logics here, like timing, trial and error, position control. We advocate waiting like a hunter for the perfect moment rather than randomly investing as soon as we see prey.
Three, do not blindly believe in technical indicators. First, we must acknowledge that any technical indicator has its lag.
When the indicator issues a golden cross buying signal, in fact, the cryptocurrency has already risen. At the time the golden cross appears, you might just be the one picking up the tab!
Four, buy and forget about the cost price. Once you short or go long, the cost price has no relevance to any subsequent operations because whether to sell depends on the market trend and has nothing to do with whether you are still making a profit. If the pattern is good, continue to hold; if the pattern is bad, reduce your position, or even liquidate.
Five, participate with money you can afford to lose. Use spare money to trade cryptocurrencies; investment carries risks. Investors can increase their investment after mastering the tricks of making money in the game. Before that, make sure to participate with money you can afford to lose; borrowing money often leads to significant losses!
Six, if you make a profit, cash out on time. Without withdrawal, everything is just numbers. Cryptocurrency investors are like gamblers who have not left the casino. Even if you temporarily earn a lot of money, you still cannot be considered a winner. Only when you withdraw cash from the market can you say you laughed till the end. In the cryptocurrency circle, cashing out on time is a good habit. There is a very simple trading method that almost guarantees 100% profit.
From this point on, seriously study cryptocurrency C.
There is a predecessor beside me who used to run a supermarket. Then he got involved in the cryptocurrency circle and began to seriously study trading cryptocurrencies, achieving a turnaround in life through trading. Now his assets have reached eight figures. His method is actually very simple, just four steps: from selecting cryptocurrencies, buying in, managing positions, to selling out, he will explain every detail clearly!
The first step is to open the daily line, only look at the daily level, and MACD golden cross cryptocurrencies, preferably choose the golden cross above the zero axis; this effect is the best! The second step is to switch to the daily level; here you only need to look at one moving average called the daily average line.
, hold online, sell offline. After buying, if the cryptocurrency price breaks through the daily average line and the volume is above the daily average line, buy with all your funds. Then for the selling, this splits into three details.
The first point is that when the wave's rise exceeds 40%, sell 1/3 of the overall position. The second point is that when the overall wave's rise exceeds 80%, sell another 1/3. When it falls below the daily average line, liquidate all positions. The fourth step is also the most important step. Since we are using the daily average line as our basis for buying, if the next day an unexpected situation occurs and it directly falls below, we must sell everything; do not hold any luck!
Although through our method of selecting cryptocurrencies, the probability of breaking is very small! However, we still need to have risk awareness! After selling, wait for it to stand on the daily average line again, and you can buy it back!
Still the same old saying, in a bull market, I don't know how to operate. Click on Aze's avatar, follow him, and plan for bull market spot, contract password, and share for free.
