Different market conditions require different strategies to operate!

One. Volatile market:

1. Only trade high sell low buy on BTC/ETH, do not trade any altcoins!

2. High short:

2.1. Opening position: Mainly based on the important pressure moving averages above the 4H level to judge the entry for short positions in batches.

For example, if the MA60 moving average on the 4H level continues to suppress the price, then use this moving average as the timing for entering short positions.

2.2. Stop-loss:

Set it to the previous high after a spike upwards followed by a pullback, for example, if the resistance level is at 1650 and the spike reaches 1650, then

Set the stop-loss above 1650.

3. Low long:

3.1. Opening position:

Generally, use the support below at the same level or one level higher as the entry point for batches of long positions.

3.2. Stop-loss:

Set it to the previous low after a spike down followed by a rise, for example, if the support level is at 1550 and the spike reaches 1550, then

Then set the stop-loss below 1550, around 1520.

4. Drawdown control:

4.1. Stop-loss capital: 20% of total capital; if reached, no further trades for the day

4.2. Single-day operations generally focus on two trades, with a single stop-loss controlled at 10%

4.3. The size of the position for each trade should remain consistent!

5. Entry method:

5.1. Try to enter in batches, do not load all at once!

5.2. Try to follow the trend when opening positions; if the main trend is downward, try to open short positions, and vice versa!

Two. Main upward wave market: Use intraday trading strategy

1. When the overall market trend is good, chase hot coins (top 3 in price increase or highly popular coins)

2. Control the win-loss ratio, keep it around 3:1

3. Daily stop-loss drawdown should be 10%-15% of the principal; if reached, no further trades for the day

4. Daily review

Three. Dumping market:

Wait with cash for batch entry.

If there are no opportunities, just wait with cash.

In this market condition, not losing money is equivalent to making money!

Four. Take profit options

1. Profit protection stop-loss:

When the conditions of the day are met without stop-loss and the same level K-line pattern does not show a breakdown, you can avoid using a protective stop-loss, focus on the pattern!

If either condition is not met, then ensure profit protection.

ETH: Protect profits after a 20-point floating profit

BTC: Protect profits after a 350-point floating profit

2. Moving stop-loss:

ETH: Move the stop-loss after a 35-point floating profit, using 3/5 minute levels for the movement

BTC: Move the stop-loss after a 500-point floating profit, using 3/5 minute levels for the movement

Five. Precautions:

1. Never think about going all in for a quick fortune, stable compound interest is the goal; a greedy mindset equals liquidation.

2. Only trade in your own market! Learn to stay in cash, do not force trades!

3. Try not to make night trades, and even if you do, try to hedge!

4. Try not to open positions on weekends, even if you do, allow at most one stop-loss!

5. After being stopped out, control your mindset, do not get overexcited!