Last year, Brother Sheng played with 200,000, and now it has grown to 20 million, easily achieving a hundred-fold profit 🎫 Experience summary below for everyone's reference and learning! #跟单交易躺赚
Making money from trading is actually this simple; just follow these three steps! Master it skillfully, and easily multiply your account by ten times! #CryptoTrading
Step one: Look at the trend first
Step two: Find key levels again
Step three: Find entry signals
Enter the market, make a profit, close the position, and leave.
Isn't it simple?
Let's go into more detail below
Step one: Look at the trend first
The state of a market
There are only three possible results in a big market: rise, sideways, fall.
What is a big market trend? Look at the charts with a period of 4 hours or more.
For example, 4 hours, daily, weekly (my personal habit is to look at 4 hours)
Go long when it rises, go short when it falls, do not trade in sideways markets #Ethereum
Step two: Find key levels
Whether the market is rising or falling, it will jump like a bouncing ball, level by level from bottom to top, or from top to bottom.
What we need to do is enter at the jumping point and exit at the next drop point. How to find precise steps becomes the key #Crypto
These are the key levels we talk about (main support and resistance levels)
(How to accurately find main support and resistance levels, you can follow me and I will update later)
Step three: Find signals
Generally, if you spot a trend in a larger timeframe, you should look for trading signals in a smaller timeframe to enter.
Everyone has different strengths in trading strategies; mastering one or two is enough.
More importantly, quickly determine the direction and find a trading strategy.
A complete trading strategy includes
(1) Target - What to trade;
(2) Position - How much is held;
(3) Direction - Long or Short;
(4) Entry point - At what price to trade;
(5) Stop-loss - When to exit losing trades;
(6) Take profit - When to exit profitable trades;
(7) Countermeasure - How to deal with emergencies;
(8) Follow-up - Actions after the trade ends.
