Core Principles of Profit in the Cryptocurrency Market:
1. Focus on Mainstream: Only trade BTC/ETH
2. Trend Trading:
- Short Position: Enter in batches at the 4H MA60 resistance level, set stop loss above the spike high
- Long Position: Enter in batches at the support level, set stop loss below the spike low
3. Risk Control Rules:
- Single trade stop loss ≤ 10% of principal
- Daily stop loss ≤ 15% then stop trading
- Risk-reward ratio ≥ 3:1
4. Trading Discipline:
- Refuse to go all-in, maintain fixed position
- No positions when the trend is unclear
- Avoid night and weekend trading
5. Take Profit Strategy:
- ETH: 20 points for breakeven / 35 points for trailing stop
- BTC: 350 points for breakeven / 500 points for trailing stop
Remember: Control emotions + strict stop loss + only trade familiar markets = key to long-term profitability
