I once thought that trading cryptocurrencies relied on K-lines, indicator crossovers, wave theory, and so on. I spent my days staring at the screen, analyzing market trends, which seemed sophisticated, but the result was repeated massive losses, three major pitfalls, and it really drained me.
Until one day, I had an epiphany, gave up those complicated technical analyses, and directly started using a simple "laid-back" method. Surprisingly, this seemingly "lazy" strategy allowed me to go from 7700U all the way to 14WU!
The method is very simple:
Chase breakouts, avoid choppy markets!
In sideways markets and false signals, I often ended up in losing trades.
Later, I chased breakouts and avoided the choppy ranges!
As soon as the price broke a new high, I entered immediately; for false breakouts, I cut losses, and for true breakouts, I held on to make a profit! Don't hesitate; missing opportunities means losses.
I watch the market every day, but not just for the sake of watching; I jump in when I see opportunities!
Heavy positions? Not a thing! I only use 20% of my capital!
I never go all in; I only use 20% of my capital for each trade. A small position, steady entry, steady exit; when I make a profit, I take it, and if I lose, I take a break, avoiding counter-trades!
While others place dozens of trades a day, I only make two trades a week, but in the end, my account grows more than theirs.
Strategies that can't be executed are useless to think about; stability is key!
Only trade in markets I understand; I abandon everything else!
In the past, I always thought about catching bottoms and tops, but the more I did, the more I lost. I just follow the market; I don't predict the future. If the market is rising, I chase the ups; if it's falling, I chase the downs. I follow the market's movements without worrying about what the future holds; market continuation is the most stable opportunity to make money.
You see, I'm not a genius; I just use the simplest strategies to steadily make money, closely following the market rhythm, doing simple things, and earning big profits.
Follow Uncle Nan, I won't promise you great wealth, but ensuring steady profits shouldn't be an issue!
Hesitation leads to missed opportunities, so seize the moment!
$AIA $SUI $H
