It is such a pity that BitLanglang is delisted!! He made 40 million from a few thousand yuan and topped the real-time rankings for a long time. Before he delisted, he said that his trading system had reached a new level and he felt that he was terribly strong🥲😍
His trading system runs very stably. Even the garbage market of Bitcoin after May 2024 did not affect his account. In addition, he turned 20 million into 40 million in just two months in July! ! This kind of long-term stable profit and full-powered money printing machine is really unprecedented~
I compared Langlang's delivery orders and studied his trading logic and position management carefully. I found that whether he earned $1.18 million in a single trade with People or made tens of thousands of dollars in orders 🧐
The logic of many trades is basically the same!! I think I have now mastered about 30-40% of his skills. Perhaps this year my wallet can multiply by hundreds or thousands of times. I feel I am terrifyingly strong now~
He said that as long as you follow his trading logic and position management rules, trading can succeed!!
First, let's talk about trading logic. We need to clarify the phase position of the cryptocurrency. A cryptocurrency generally goes through six phases from cold to hot, and each phase corresponds to different entry methods. Langlang has six optimal entry positions. He said any trade outside of these six positions is a mistake~
A cryptocurrency often starts to activate by breaking through a large-scale oscillation structure. The market activation is phase one!
After the trend starts, the main upward wave must have a target position, which could be a resistance level or a key integer level!!
Before reaching the target position, there will often be one or more small divergences. These small divergences are phase two. The market will continuously rise between the upward movement and small divergences. After reaching the target position, a relatively large divergence will occur, and the oscillation will last longer. This large divergence is phase three!
After the large divergence ends, if there is a second wave of rise, the time before and after the second wave is phase four. The second wave will extend the previous main upward wave, and divergences will occur in between until the market reaches its final target position and peaks, forming phase five~
After that, the entire market enters the late-stage decline, and then into oscillation; this is phase six!!
In these six phases, phase three and five are for counter-trend trading, but during this time, there are still many bulls entering the market. It is hard to determine when the market will really turn down, making it easy to be stopped out by upward rebounds or spikes!
Phase six is difficult to grasp due to irregular fluctuations. These three phases are quite challenging, so I don't really recommend everyone to engage in them/
The best and easiest opportunities to make money are phases one and four. Langlang said these two phases are positions where you should go all in at any time; phase two is secondary!
In phases one, two, and four, the trading logic and entry positions are first determined by the large-level trend and phase, such as the daily or hourly chart, and then assess whether the profit space above is large enough, which means how far the price is from the most likely stopping and reversing positions~
Finally, switch to a smaller time frame chart to find the stabilization turning points that go with the trend!
Taking People, who earned $1.18 million as an example, it is clear that after a period of decline and oscillation, a 17% large bullish candle quickly broke through the oscillation range, and the market began to activate, which is phase one!!
If you didn't catch it here, you can wait for a divergence structure to appear after a continuous rise; this is a good place to set stop-losses, and this divergence structure is phase two.
Langlang entered the market at the divergence structure position on May 20. We can see that the key resistance position above is around 0.07, and further up is 0.085. The profit space for going long with the trend is very large~
How to anticipate divergences in size here: small divergences are likely to appear at key resistance positions on small time frames, while significant divergences are likely to occur at crucial or high positions on the daily chart, especially after several upward movements!
The expectation is that after a major divergence, you should try not to participate in the short term, and wait until it converges to the end before trying. The longer the oscillation time, the better; the smaller the convergence range, the better. Finally, look for stabilization turning points on the 15-minute chart for breakouts~
Making breakouts is about the structure of breakouts, not just the breakout price points. When the intention to break out appears, you can try going long. If you try to break out at such high price points, the effective stop-loss range will be too large, making it easy to incur significant losses!
According to Langlang's definition of stabilization turning points, do not act on the first wave of adjustments after a surge; do not act after a rebound. Wait until it rebounds again, then drops and stabilizes, and when the price stops falling, try going long/
The breakout trading logic for phases one, two, and four is the same. Once the trend phase and space are clear, the choice of turning point position can be relatively rough. If there are bullish signals, you can try going in. If the stop-loss range is large, you need to reduce your position. The gamble is that the number of new lows is limited, and the upper space is large enough~
This breakout method may often be stopped out, but as long as you seize one opportunity, you can make up for the loss!
Finally, let's talk about mindset. The mindset is the most important, but it mainly depends on the quality of position management. Langlang's win rate is only about 42%, but the profit curve can achieve no major drawdowns, mainly thanks to his excellent position allocation!
No matter how much you lose, it doesn't matter; the tolerance rate is very high~
Position allocation means, for example, if we can take out $30,000 for contracts, we split it into three parts, each part is $10,000, and each time we only use one part to open a position.
If you lose money, for example, if you lose $1,000, then you need to add in another $1,000; if you make $1,000, then you need to withdraw that $1,000, ensuring that each time you open a position, it's a fixed $10,000 position!
Until you can make $60,000 from $30,000, you can increase each opening position to $15,000 or $20,000. However, everyone has different risk tolerance limits, which you need to psychologically accept; you can't increase the position and then have a heart attack at the slightest fluctuation— that won't work!
This way of position allocation has two benefits: one is that even if you encounter a spike from the exchange or extreme market conditions, you will only lose a third of the funds at most, which is equivalent to setting a forced second stop-loss line; the other is maintaining a fixed position, which allows you to keep a relatively calm mindset whether you are losing or making profits~
On this basis, set stop-losses, use low leverage, and don't trade against the trend, and you can stay on the path to financial freedom!!!
Langlang can accurately capture market heat, which is key to perceiving market cycles. The alternation of hot and cold in the market is like spring, summer, autumn, and winter, with each phase corresponding to different trends and trading strategies~
Spring is the market activation phase, where a small amount of capital begins to enter, and the market is just starting.
Summer is the frenzy phase, where the market enters the main upward wave, and profit-making effects explode, with leading coins starting to lead the rise.
Autumn is the adjustment phase, where market peaks experience intensified oscillations, and rebound coins begin to perform, but the trend is hard to grasp.
Winter is the recession phase, where market funds gradually withdraw, and the market diminishes. The best strategy is to watch and wait for the next cycle!
The best trading phases are spring and summer. Market activation is hard to capture, so focus on the summer market, where anyone can make money. When Bitcoin breaks through key positions and market sentiment is high, as long as you find the leading coins in the sector, you can enjoy big market movements!!!
