There are countless market indicators; learning one is enough. Mastering one indicator will show you that trading is so simple.

Indicators speak, candlesticks speak; they will tell you where you can enter the market and where to stop-loss and exit.

Today's indicators will only teach you how to enter the market, set stop-loss positions, and understand short-term trends.

Learn a skill every day, perseverance makes a difference; consistency and persistence lead to unity of knowledge and action.

You are responsible for liking, and I am responsible for outputting. 👍🏻

Today, we discuss the short-term MA method. After watching, test its practicality yourself; practice and learn more to master the indicators.

Every line is marked. The MA moving averages are set by myself; I mostly use 7 and 15. The sensitivity of the MA5 moving average is higher and more prone to hit stop-loss, so I currently use MA7 and MA15 more often.

The price shown in the chart for Ethereum is

MA5 1827

MA7 1816

MA15 1771

Currently, when writing this article, Ethereum is at 1843, so using the MA line to find the stop-loss level is relatively simple.

If you go long at 1843, you can choose to set the stop-loss at 1810 or 1770. Why not use the MA5 moving average for the stop-loss? The reason is that the stop-loss is too tight, and the risk of being hit is too high.

Generally, setting the stop-loss just below the MA moving average is sufficient. If the MA7 falls below, we will stop-loss. If the stop-loss is set at the MA15 level, then a stop-loss at 1770 is also acceptable.

First, we have a clear stop-loss level. The most important thing in trading is not the take-profit level but the stop-loss level. You can use this method on altcoins and also on Bitcoin or Ethereum. You can even apply this MA indicator technique in the stock market or gold.

With a stop-loss level, the next step is to calculate how much risk we can tolerate and what the expected return rate is.

If you enter at 1843, with a stop-loss at the MA7 line of 1810, the stop-loss would be about 33 points, roughly a 1.8% drop.

If you enter at 1843, with a stop-loss at the MA15 line of 1770, the stop-loss would be about 73 points, roughly a 4% drop.

First, estimate the potential drop. Ask yourself if you can accept it; if you cannot accept such a large drop, then you need to wait for a pullback. Enter near 1800 and set the stop-loss at the MA15 level of 1770. This way, the stop-loss is less than 2%, which most people can accept.

In Bitcoin, can you quickly identify where the MA7 and MA15 moving average positions are?

When you can see the position of the moving average, that is your stop-loss level. The key is to calculate the risk-reward ratio.

Marking it this way will make it clearer; the charts are all displayed, so after a few times you'll understand.

The moving averages marked in the box, MA15 and MA30, are quite useful, while MA5 is more sensitive.

No matter which indicator you use, they ultimately assist us in better trading. If you use indicators well, so-called 'teachers' are nothing; you are your own god.