navid79

Brothers, during the day I reminded everyone to start taking profits in batches. Around 93500 is the key resistance I provided, and here I began to take profits on the majority of long positions and started to lay out short positions. At the same time, a top divergence signal has begun to appear on the 1-hour level, and it is expected to start retracing around 93000, for reference only!

Newbies just starting with contracts: Don't treat 'leverage' as an 'amplifier'; controlling risk is the prerequisite. Newcomers who are just getting into contracts can easily be attracted by the 'small bets with high leverage' mindset, always thinking that 'more leverage equals more profit.' However, as a trader with 8 years of practical experience in the contract market, I must remind you: 70% of newbies who treat leverage purely as a profit amplifier will pay a painful price when risks explode—either they see slight market fluctuations and feel that 'low leverage makes profits too slow,' so they go all in with maximum leverage, only to trigger liquidation when the market slightly reverses, instantly evaporating their capital; or after making a few small profits with high leverage early on, they mistakenly believe they have mastered the profit formula, continuously chasing trades with high leverage, unwilling to reduce leverage even when the account shows losses, ultimately a significant market reversal wipes out all gains, even resulting in a loss of principal. Contracts are never about 'betting big with high leverage,' but rather about 'controlling risk for steady profits.' Over these 8 years, I have never set leverage based on 'how much I want to earn,' but rather looked at 'how much loss I can tolerate.' Before each trade, I always reduce leverage to a safe range based on market volatility, ensuring that even if I make a wrong judgment, the single loss does not exceed 5% of the account's principal; I also never use high leverage for trial and error when the trend is unclear. Only when technical patterns and volume signals are clear will I enter with low leverage and light positions, even if it means missing some opportunities, I won't risk my principal. It wasn't until later that I understood: those who can truly survive in the contract market do not 'gamble for huge profits with high leverage,' but rather have reasonable leverage usage rules, strict position management discipline, and the ability to restrain the mentality of 'taking a gamble'—these seemingly 'conservative' practices. Newbies who want to avoid pitfalls in the contract market should stop treating 'leverage' as an 'amplifier.' First, understand the proportional relationship between leverage and risk, learn to set leverage ratios based on your own risk tolerance, and develop the habit of 'light positions for trial and error, heavy positions for confirmation' to protect your principal while utilizing leverage, rather than letting leverage become an 'accelerator of losses.' After all, controlling risk is essential to preserving capital, and preserving capital is key to having profit opportunities. $ETH

{future}(ETHUSDT)

10,000 U principal, stable realization of flipping the capital in 1 month! This is the real feedback from clients at the beginning of the month.

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With a small capital to trade cryptocurrencies, 'surviving first' is more important than 'getting rich overnight'.
I have seen too many people thinking they can get rich with just a few hundred dollars, only to blow up and leave within half a month. But I have a friend who started with $800 and turned it into $30,000 in two months, now stabilizing at over $37,000, with zero blow-ups throughout. The core logic behind this is progressing from $5,000 to stable profits:
1. Divide the capital into three parts: one part for day trading, one trade per day, withdraw once the target is reached; one part for swing trading, only catching trends over 10%; and finally, keep one part as a reserve, never to be used. Surviving creates opportunities for profit.
2. If the market is sideways for more than three days, close the software, and only enter when it breaks the range or stabilizes above the moving average. Withdraw 30% when profits exceed 20% of the capital. 'Wait quietly for opportunities; act only when it's stable'.
3. Rules control emotions: set a stop loss at 2%, cut losses at the point; reduce the position by half when profits exceed 4%; never increase the position when in loss. Let the rules withstand greed and fear.
A small capital is not a barrier; impatience is.
If you are still losing sleep over small fluctuations, unsure how to allocate funds and catch trends, I would be happy to share my experiences to help you avoid pitfalls, survive longer, and earn steadily.

Ether has risen, and life feels full of hope again. I'm sending everyone a red envelope, 20u five thousand packages 🤡

Regarding the Federal Reserve's interest rate decision in December, the market's focus has shifted from 'whether to cut rates' to 'how to achieve a rate cut.' Barclays' latest interpretation suggests that, despite significant internal divisions within the Federal Reserve, Chairman Powell is likely to be a key force driving the rate cut.
From the current distribution of FOMC voting members' positions, a subtle balance has been formed. According to Barclays' interpretation of the recent statements of the committee members, without considering Powell's position, there might be 6 members within the FOMC leaning towards keeping rates unchanged and 5 leaning towards a rate cut, which creates considerable uncertainty regarding the Federal Reserve's December interest rate decision.
Despite the divisions, Barclays believes that Powell, as the Chairman of the Federal Reserve, will play a leading role in the final interest rate decision. This is because the threshold for other board members to publicly oppose the Chairman's position is quite high. This means that if Powell leans towards a rate cut, he is likely to have the ability to guide the FOMC towards a final decision to cut rates.
This judgment contrasts with predictions from other Wall Street firms, such as Goldman Sachs, which still believes there is a possibility of a rate cut in December; while JPMorgan and Morgan Stanley no longer expect the Federal Reserve to take action to cut rates in December.

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