Foolproof operation, simple and practical, even if you are a beginner, you can easily operate and the accuracy is acceptable. You can use this method for both buying and selling!
1. The market you choose must be in an upward trend; it's okay if it's in a consolidation phase, but you definitely should not choose one that is in a downward trend or where the moving averages + opening are all trending down.
2. Divide the funds into three equal parts. When the coin price breaks through the 5-day moving average, buy 30% with a light position. When the coin price breaks through the 15-day moving average, buy another 30%. Similarly, buy the last 30% when it breaks through the 30-day moving average. This requirement must be strictly followed.
3. If the coin price does not continue to break above the 15-day moving average after breaking through the 5-day moving average but instead pulls back, as long as the pullback does not break below the 5-day line, keep the original position. If it breaks below, sell out.
4. Similarly, if the coin price breaks above the 15-day moving average but does not continue to break above, and the pullback does not break below the 15-day moving average, continue to hold. If it breaks below, first sell 30%, and if it does not break the 5-day moving average, continue to hold the remaining 30% at the 5-day moving average.
5. When the coin price continues to break above the 30-day moving average and then pulls back, sell out according to the previous method.
6. Selling is the opposite. When the coin price is high, if it breaks below the 5-day line, sell out 30% first. If it does not continue to go down, hold the remaining 60% position. If the 5-day, 15-day, and 30-day lines are all broken, sell out completely, do not hope for luck.
This "foolproof" operation method is simple, but the most important thing is to have execution power. Once you buy in, the buying and selling system is formed. Only by strictly following trading discipline can you earn profits.
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