#ETH #MYX First, make it clear: I do not call out trades or sell courses, I am just an experienced trader who has stumbled in the market. Last year, a friend had only 1200U left and came to me. I gave him three straightforward pieces of advice, and he followed them for 3 months, turning his account into 50000U without ever blowing up. Today, I will break down these three rules for you; how much you can achieve depends on your execution ability #COAİ .
1. Split your money into three parts, first protect the 'capital for recovery'.
3000U should not be kept in one lump sum; split it into three portions of 1000U each, dedicated funds that should not be diverted:
Short-term position: 1000U, no more than two trades per day; once done, stop and do not be greedy;
Trend position: 1000U, never act without a clear signal; if the weekly line is not bullish, just 'lie flat';
Safety cushion: 1000U, to deal with spikes; replenish on the day of a margin call to ensure you stay in the market.
Do not go all in; a margin call is like 'amputating a finger', an amputation can heal, but losing all your capital means no second chance.
2. Only take the 'most stable segments' of trends; during other times, be like a 'turtle retracting its head'.
In a volatile market, it’s a harvesting machine; 9 out of 10 entries will get cut. Judging signals is very simple:
If the daily moving average shows no bullish pattern, decisively stay in cash;
If the volume breaks the previous high and the daily closes stable, then make your first entry;
When profits reach 30% of your capital, immediately transfer half to a safe account, and set a trailing stop at 8% for the remainder.
Remember, the market does not lack opportunities; do not rush to squeeze through the door, only take the certain 'ride with the wind'.
3. 'Tether' your emotions, follow the rules.
Before opening a position, write down your 'trading plan':
Set a stop loss at 3%; close the position automatically at that point without hesitation;
Exit trading software every night at 22:30, no matter how enticing the K-line is, do not stare; if you can't sleep, uninstall the APP.
The more mechanical and less emotional fluctuations, the longer you can survive in the market.
Finally, let’s be honest: turning 3000U into 50000U does not rely on 'magical trades', but on 'making fewer mistakes'. The market has opportunities every day; capital is like a spark; if it goes out, it cannot reignite. First, remember to follow these three rules well, then study waves and indicators. Surviving gives you the chance to make money; if you don't survive, you are just a contributor to others' transaction fees.
On the road of cryptocurrency, there are many lost souls; I only ferry those with fate! Binance chat ID: yuge888