As a 10-year Wall Street trader, I share the essence of short-term trading with everyone!

Step 1: Currency Selection: Only trade BTC for long-term, only trade the top 20 currencies for short-term, contracts only for the four major currencies, spot 70% market BTC 40% + 30 short-term) funds + 30% contracts (currency-based and USDT-based)

Step 2: Trend Direction

Spot: If the 15-minute, 1-hour, and 4-hour charts are all rising and above the 5-day line, continue to hold; if it breaks below the 5-day line, get out! The 5-day, 10-day, 20-day, and 30-day lines must be in a bullish arrangement in order.

Contracts: For overall weekly trends, look at the hourly chart; use the 5-minute and 15-minute charts as entry and exit points. Trends should be observed on the 4-hour chart, no need to look at longer durations, the future has no direct relation to the current short-term!

Step 3: Leverage Data First choice is to trade spot; if you have a bigger vision, do 1x currency-based, at most 2x currency-based. For contracts, mainly do 20x, and try not to go for 100x. Although with 20x, you can have a larger margin, with 100x, the margin is smaller. However, if you see your margin so small with 100x while you have a lot of funds, you may unintentionally increase your position and unintentionally get liquidated!

Step 4: Position Data For spot, dollar-cost averaging in 10 times; for contracts, initial position 2% + additional position 4%.

Step 5: Entry Points 1. MACD and KDJ golden cross resonance 2. Above the 5-day line, below the 10-day line, initial position 2% + additional position 4%.

Step 6: Set Stop Loss and Take Profit

Stop Loss: ETH 20 dollars stop loss; Take Profit: Take 50% profit at first, then 100% take another half profit! #钱包安全 $BTC