I've been trading for 10 years, saved 55,000 from my job, and now have over 20 million. I only do spot trading and don't play with contracts. Although I'm not like some people who turned 10,000 into two small goals, I'm very content and stable, 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.
When trading, you must maintain a good mindset. Don't let your blood pressure soar during a major drop, and don't become complacent during a big rise. It's important to secure your profits. When I first started trading, I was so worried that I couldn't sleep well and often woke up in the middle of the night, but I'm much calmer now.
Ultimately, the difficult part about making money is not the skills but implementing my own set of secrets. Just this statement eliminates 70% of people.
333 position control method
A simple understanding is that if the position is ten layers, then first buy 3 layers, then buy 3 layers, and finally buy another 3 layers. So that's the 333 position control method.
The importance of the 333 position control method
1. Successful investment = objective and clear rules + patience to wait for opportunities + rational control of positions + decisive stop-loss + courage to maximize profits.
2. The cryptocurrency market cannot just be about shorting or going long, but in such a random stock market, as long as you manage your positions well, you can still make money.
3. Position management is the technique of deciding how to enter a certain investment object in batches when you decide to go long and how to stop loss/stop profit when exiting. Perform every step of entry, stop loss, and take profit well. First, conduct a 3-layer operation on the selected stocks, and during the first rise, you can perform a reducing operation. After adjusting, you can add positions when a golden cross occurs. Then during the second rapid and high rise, you can perform high selling. This operation achieves reasonable position control and effective profitability.
The so-called 333 position control method can not only effectively control positions and ensure stable profits, but it also has another use: to perform operations to break even.
1. If you are caught at a high position, perform a reasonable first-time adding position operation according to the 333 position control method.
2. Control positions when rebounding to high levels, and conduct reducing operations.
3. Cycle through this process, continuously conducting adding and reducing positions, successfully using the 333 position control method to break even, and then successfully achieve break even.
Notes on the 333 position control method:
First: decisively buy in 3 layers for stocks you are optimistic about. Secondly: the stocks you are optimistic about must go through comprehensive analysis and judgment, not just buy randomly when you see a stock. Finally: no matter how good it is, there is a probability of decline, so if the good choice really drops, you need to make other arrangements. A friendly reminder: when buying a cryptocurrency, the maximum position should be 70%, never fully invested. The remaining 30-40% position can be used for high selling and low buying during the rise, reducing costs and increasing returns. The core logic of trading is how you view the relationship between risk and return; what trading cycle do you use; how do you execute it?
Trading cryptocurrencies is a form of cultivation; only by enduring loneliness can one achieve success.
After 10 years of trading, with real money in the cryptocurrency circle, I have developed the 'Five Major Investment Rules + Ten Trading Rules + Stable Investment Plan.' Whether you are a beginner or an experienced trader, when you deeply understand the essence of these rules, I believe it will help you in your future trading.
Five Major Investment Rules:
1. Consider and observe projects from multiple aspects; do not follow the crowd. There have been many scam projects in the cryptocurrency circle, and once the founder runs away, there is no way to hold them legally accountable.
Second, understand the relevant knowledge of blockchain, 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 is genuinely using blockchain technology, whether its founder has disclosed their identity and their background is genuine, whether the project's business logic is closely tied to the token, and whether there are similar projects in the same industry that are addressing industry pain points. If the project successfully lands, does it have the ability to generate profits in real life?
4. If you cannot accurately judge the prospects of a cryptocurrency project, 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 fluctuations; treat them with a calm mindset. For the investment projects you are optimistic about, do not worry too much about the price in the short term. Pay attention to whether the development progress of the team is consistent with the white paper. Additionally, only by holding long-term can you ultimately earn more returns.
Stable Investment Plan:
Position control; never easily go full position. Why do we say not to go full position?
The first point is risk control; you cannot guarantee that your purchase will immediately go up. If you encounter a waterfall decline, your assets will greatly discount, and you cannot lower the average price by adding positions.
The second point is mindset control. I have had this experience myself; when going full position, I will constantly monitor the market, which severely affects my mindset. I can't even sleep well.
The third point is that it is easy to be cut, with a gambling mentality, always wanting to see the changes in your profits. After going full position, if you see that your cryptocurrency price hasn’t risen in a short time while others have risen or there are other cryptocurrencies you want to buy, you cut losses and buy in, and the repeated operations lead to less and less money.
Long-term 30-40% holding
Short-term 30-40%, why is there short-term trading?
Many people say short-term trading will definitely lose money. However, when we have arranged long-term funds, trading cryptocurrencies is a very interesting thing. I believe that most people cannot control their hands. As long as they manage their positions well and do not cut losses frequently, short-term trading should generally lead to profit when exiting (special cases are when projects or the market have issues).
I have seen through the meaning of life from trading, learning to examine everything around me from the perspective of volatility and probability, and seeing clearly what I want, which is my greatest gain from studying trading.
Since I thought I had awakened, I buckle my seatbelt while driving, quit smoking, let go of arrogance and impatience, live steadily, love learning, love working, and treat everyone and everything around me kindly.
Get rid of bad habits, and success will come naturally, effortlessly.
I bought a piece of cheap jade and carved on it, 'A modest gentleman is as warm as jade' to encourage myself.
I have realized many truths; let me casually share one: all correct purposes are to self-validate errors. 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 not worth living and will ruin my hope for the future.
I want to temporarily escape the lonely life and do things I love in my spare time. I started learning to write with a brush every day, learning 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 proactively, inviting others to dinner when I have the chance, taking walks in the park when I have time, watching trees, mountains, and water. And these happiest things have nothing to do with money. I have never thought about changing anything; just being able to see and experience more of this world makes me very happy. Humanity has inherited so many interesting and lovely cultures, why would you entrust your life to K-lines and remain lonely for a lifetime?
These are all things trading has taught me. You ask, what is the true meaning of trading? That is to reflect on your inner self, to see clearly what you want! If you manage to be both tense and relaxed, the market will also treat you with humility. If you are greedy, the market will surely leave you exhausted. If you try to defeat the market, the market will definitely make you face a grave fate.
"My life has been a failure!"
This is a reflection of the successful speculators who are beyond your reach when they commit suicide. Speculation is too fast and crazy; since the body cannot keep up, why not slow down?
What is the true meaning of trading? I only seek one defeat.
What is the true meaning of life? I only seek one death.
Do you think this is pessimistic? Do you think this is arrogant?
No! This is a calm and peaceful gaming attitude, neither sad nor happy, neither fearful nor daunted.
I would like to share some iron rules of the cryptocurrency circle:
First, only participate in irreversible upward trends in the market. 'Only participate in irreversible upward trends in the market'; the market is a fact, the market is unquestionable and unchallengeable, the trend is irreversible. As an investor, you must dare to admit mistakes, correct them at any time, refuse uncertain market conditions, and do what the big players must follow. You must understand to go with the trend.
Second, refuse frequent trading. The casino is open 24 hours; there is no need to open orders frequently. There are many logics such as timing, trial and error, and position control. We advocate waiting like a hunter for the perfect opportunity rather than investing randomly as soon as you see prey.
Third, do not blindly trust technical indicators. First, we must admit that any technical indicator has its lagging nature. For example, when MACD
When the indicator gives a golden cross buy signal, in fact, the cryptocurrency has already risen a wave, and when the golden cross occurs, you might just be the one taking the bag!
Fourth, buy and forget about the cost price. When you short or go long, the cost price has nothing to do with any subsequent operations, because whether to sell depends on market trends, which has no relation to whether you are still profitable now. If the trend is good, continue to hold; if the trend is bad, reduce positions, or even clear positions.
Fifth, participate with money you can afford to lose. Use spare money for trading cryptocurrencies; all investments carry risks. Investors can increase their investment after mastering the game’s profit techniques. Before that, be sure to participate with money you can afford to lose; borrowing money often leads to severe losses!
Sixth, make sure to withdraw profits in time when there is profit. Without withdrawal, everything is just a number. Cryptocurrency investors are like gamblers who have not left the casino; even if they temporarily earn a lot of money, they cannot be considered winners. Only when you withdraw cash from the market can you say you laughed until the end. In the cryptocurrency world, withdrawing profits on time is a very good habit. There is a very stupid trading method that almost guarantees 100% profit
From now on, seriously study cryptocurrency C.
There is a senior around me who used to run a supermarket, and then he got involved in the cryptocurrency circle and started to seriously study trading cryptocurrencies, achieving a turnaround in life, now with assets reaching 8 digits. His method is actually very simple, going back and forth in 4 steps: from choosing cryptocurrencies, buying in, position management to selling, every detail will be explained clearly!
The first step is to open the daily chart, only look at the daily level, and choose the cryptocurrencies with MACD golden crosses, preferably those golden crosses above the 0 axis, as this effect is the best! The second step is to switch to the daily level; here, you only need to look at one average line, called the daily average line.
, hold online and sell offline. In the third step after buying in, if the price of the cryptocurrency breaks above the daily average line, and the volume is also above the daily average line, buy in fully. The fourth step is to sell, which is divided into three details.
The first point is when the wave's increase exceeds 40%, sell 1/3 of the overall position; the second wave increase exceeds 80%, sell another 1/3; if it drops below the daily average line, clear all positions. The fourth step is also the most important step: since we all use the daily average line as our buying basis, if some unexpected situation occurs the next day and it directly drops below, then you must sell all and not hold any luck!
Although through our method of selecting cryptocurrencies, the probability of breaking is very low! However, we still need to have risk awareness! After selling, wait for it to stand on the daily average line again before buying back!
Still the same sentence, if you don't know what to do in a bull market, click on Aze's avatar, follow him, and get bull market spot planning, contract passwords, and free sharing.
