$TRUMP I am an experienced trader with 8 years in the market. Born in 1993, I am currently 32 years old, and my net worth has reached A8, all achieved through the cryptocurrency sector. Although I experienced losses in the early stages, I eventually made it all back.
After years of struggling in the cryptocurrency market, I have accumulated some practical trading strategies.
Entry Section
Test the waters in the cryptocurrency market, prepare to proceed; enter steadily, refuse to rush in.
Consolidation Section
In a low range, consolidating at new lows, it’s the right time to buy heavily; in a high range, consolidating and making new highs, decisively sell without hesitation.
Volatility Section
Sell at highs, quickly enter on dips; observe during consolidation, reduce trading.
Consolidation means using sideways movement instead of a decline; hold tight to your positions, and the upward movement may be just a second away; during a rapid rise, beware of a sharp drop and be ready to secure profits; during a slow decline, it’s a good time to gradually add to positions.
Timing of Trades Section
Don’t sell at highs; don’t buy at dips; during consolidation, don’t trade.
Buy on bearish candles, sell on bullish candles; contrarian trading is how to stand out.
Buy during significant morning declines, sell during significant morning rises; don’t chase highs in the afternoon rises, and consider buying during afternoon dips the next day; don’t panic sell during morning declines, and if there’s no movement, take a break; add to positions when stuck to seek to break even, excessive greed is not advisable.
Risk Awareness Section
A calm lake can suddenly have high waves; a big rise will inevitably be followed by a correction, with K-lines showing a triangular pattern for several days.
In an upward trend, look for support; in a downward trend, look for resistance.
The oscillation trading method: most markets are in a fluctuating pattern, utilizing high selling and low buying in a range is the basis for stable profits. Use the BOLL indicator and box theory, combined with technical indicators and chart patterns to identify support and resistance.
