I want to share a trading strategy that I have used, going from entering the market to 2 million, then to a debt of 6 million, and finally to a profit of 10 million. The key is mastering contract skills; once you learn it, you can do it too.
1. Add cryptocurrencies that have shown an upward trend in the last 11 days to your watchlist, but be careful to exclude any coins that have dropped for more than three days, to avoid capital escaping with profits.
2. Open the candlestick chart and only look at the cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart and focus only on the 60-day moving average. As long as the coin price retraces to near the 60-day moving average and a volume candlestick appears, enter the market heavily.
4. After entering the market, use the 60-day moving average as a standard: if the price is above it, hold; if it is below, exit and sell. This process can be broken down into three details:
1. When the swing increase exceeds 30%, sell one-third.
2. When the swing increase exceeds 50%, sell another one-third.
3. The most important part, which determines whether you can make a profit, is that if you buy in on the same day and the next day there is some unexpected situation causing the price to drop below the 60-day moving average, you must exit completely without any hope.
Although the probability of dropping below the 60-day moving average using this monthly and daily selection method is very low, we still need to have risk awareness. In the cryptocurrency world, preserving your capital is the most critical thing. Even if you have already sold, you can wait until the coin again meets the buying criteria before buying back.
Ultimately, the challenge in making money is not the method, but the execution.
A trading system is a weapon that enables you to achieve stable profits.
It can help you mark key levels, discover entry signals, and find trading opportunities that can make you money.
Last night, I advised fans to short ETH, entering around 1,823.
Currently, there is a threefold profit. The team opens trades daily and continues to make profits.
Friends who are currently confused and directionless in trading, follow and leave a message to help you get back on track.