Experience gained over the years shared free of charge

Common issue among retail investors, counter-trend operation

He points out that the common issue among retail investors worldwide is: holding on to losses without selling, while eagerly selling at the slightest profit. The correct approach is, precisely, to operate counter to the trend—hold onto profits and let them run; decisively cut losses when in the red, controlling losses. The profit-taking and stop-loss principles he developed are clear and concise.

Trend is king, follow the trend

He emphasizes that once a trend is established, there is no need for excessive analysis; just follow the money. A simple method to judge the trend is to observe moving averages: bullish when moving upwards, bearish when continuing downwards. Short-term traders focus on daily moving averages, following up when there is a breakout; medium to long-term traders pay attention to weekly moving averages, entering when there is a breakout and decisively exiting when it breaks down. Following the trend and not opposing it is the wise choice in cryptocurrency trading.

Control losses, master the methods

He reminds us that having the courage to admit mistakes and timely controlling losses is fundamental for survival in the market. This importance far outweighs temporary profits. Regardless of the method used, as long as one masters a particular approach, one can establish oneself in the crypto space. When doing short-term trading, he suggests not overly relying on short-term candlestick charts but instead combining indicators like KDJ and OBV to find entry and exit points for the day and to assess the intentions of the main players. The difference between a washout and unloading lies in volume contraction and expansion; a strong upward-moving cryptocurrency, even when facing risk warnings, often experiences volume contraction and can be expected to reach new highs. #加密圆桌会议要点 #CPI数据来袭 #策略交易 #ETHETFsApproved #BTC