I have been speculating in coins for more than 10 years. During the 6 years of professional coin speculation, I gambled 1,000 in the market and made 10 million by shorting Bitcoin.
Because of misjudgment of the market, I was liquidated many times and the funds returned to zero, and I once fell into the trough of my life. When experiencing financial collapse and heavy debts, I was also confused and painful. But as the saying goes, "There is nothing impossible in the currency circle, only dare not to think", I have never given up on the desire for the next opportunity. I have experienced ups and downs. From debt to today's small achievements, I made 10 million in the "May 19th" crash in 2021 and was named "Contract God of War+". Facts have proved that as long as courage and opportunity coexist, the legend will be staged again!
Law
1. As long as the strong currency has fallen for 9 consecutive days at a high position, be sure to follow up in time.
2. As long as any currency has risen for two consecutive days, be sure to reduce your position in time.
3. As long as any currency rises by more than 7%, there is still a chance to rise the next day, so you can continue to wait and see.
4. Be sure to wait until the end of the callback before entering the market for strong bull coins.
5. If any currency has been volatile and flat for three consecutive days, observe for another three days. If there is no change, consider changing n.
6. If any currency fails to earn back the cost price of the previous day on the next day, it should exit the market promptly.
7. There must be three out of five on the gainers list, and five must have seven. Currencies that have risen for two consecutive days should enter the market at a low price, and the fifth day is usually a good selling point.
8. Volume and price indicators + are very important, and trading volume can be called the soul of the currency circle. When the currency price breaks through with increased volume at a low position of consolidation, attention should be paid; when there is a situation of increased volume and stagnation at a high position, decisively leave the market.
9. Only choose currencies that are in an upward trend for operation, so that the chances of winning are the greatest and no time will be wasted. The 3-day line turns upwards, which belongs to a short-term rise: the 30-day line turns upwards, which means a mid-term rise. The 80-day line turns upwards, which is the main rising wave; the 120-day moving average + turns upwards, which is a long-term rise.
10. In the currency circle, small funds do not mean there is no chance. As long as you master the correct methods, maintain a rational mindset, strictly implement strategies, and wait patiently for opportunities to come.
You can also achieve a wealth reversal in this land full of opportunities. Remember, the currency circle is good, but the risks are also great. Only by constantly learning, summarizing experience, and constantly improving yourself can you go further!
Build positions in batches
Any transaction is just trial and error, which determines that putting all your eggs in one basket may suffer a major blow. Therefore, batch offensives are the best strategy, and a 1:2:1 strategy can be adopted according to the established position funds. From experience, intraday contract trading is suitable for the k-line of several time periods: 1-minute line, 3-minute line, 5-minute line.
1-minute line: Commonly known as "scalping". This trading method obtains profits from extremely short trading opportunities, and requires traders to have no patience. Quick in and quick out. Generally, the profit for each time will not be too much, and of course the stop loss point set during the transaction is also very small.
Generally suitable for low handling fees or closing intraday trading. Also, in this trading method, the handling fee accounts for a large proportion of the profit. It should be noted that the 1-minute k-line + of some varieties is not very active. Traders should try to avoid these varieties. 3-minute line: The 3-minute line is used by many intraday contract traders in this time period. There are many trading opportunities every day, and the price is a set fluctuation range, and the fluctuation range also has a certain trend to avoid the failure of some indicators due to excessive fluctuations in the 1-minute line.
This trading operation method can set a larger profit target for each transaction, and the stop loss range can also be appropriately relaxed. 5-minute line: It can be operated more smoothly on the basis of the 3-minute line. Although the daily trading opportunities are less than the 3-minute line, once the trading pattern appears, it is relatively stable, and watching the market is not as tiring as the 3-minute line.
The one-third method is the operation of fund management, dividing the funds on the account into 3 parts, the purpose is to prevent you from operating with a full position.
Funds are our lifeline, and we must ensure the safety of our lives.
The application of the one-third method is to build a position with one-third of the funds. If its direction is correct after the position is built, we will keep it.
1. Do not chase orders halfway, chasing orders often increases risk.
The one-third method can be decomposed into one-sixth method and one-ninth method for more flexible operation.
After more than 10 years of speculation in coins, I realized that only by truly mastering stop-loss and take-profit: key points and strategies can a stable profit system be truly formed in the currency circle. I am sharing it with you today. If you also want to make stable compound interest in the currency circle, read this article carefully!
For investors and traders, choosing the right time to enter and exit means determining the optimal price for buying and selling assets by predicting market prices. Grasping the timing of leaving the market is extremely critical, and take-profit and stop-loss points are essential at this time.
2. The Importance of Take-Profit Points and Stop-Loss Points (Must Know for Novice White Users)
Take-profit and stop-loss points are price levels set in advance by traders. Disciplined traders often use them as part of their exit strategy to avoid emotional trading, which is very important for risk management. Stop-loss and take-profit functions are key concepts in transaction risk management, and a deep understanding of their principles and mechanisms is the foundation for successful trading. A stop-loss is an instruction issued to a broker to automatically close a position. The principle of take-profit is similar, and it can lock in profits at a specific price and is used to exit the market at the right time. 2. Opening a stop-loss order (advanced operation for experienced users)
(1) The meaning and use of stop loss
Stop-loss is to determine the amount of risk you are willing to take for each transaction by opening a stop-loss order. On the IQ Option+ trading platform, this amount is usually calculated
Calculated as a percentage of the initial investment. Knowing when to stop loss is a key skill for traders to succeed. Professional traders will adjust according to market conditions.
! Adjust the stop loss, instead of just considering the amount of money you are prepared to lose. At the same time, considering technical analysis is also necessary. Most traders agree on the importance of clarifying when to exit a trade before opening a position.
(2) Methods to determine the best stop-loss point 1. Percentage stop loss
The stop-loss position is determined according to the amount of funds willing to take risks at a specific time, which largely depends on the total capital and investment amount. Experts recommend that the funds for a single transaction should not exceed 2%.
2. Chart stop loss
This method focuses on technical analysis, and support and resistance levels can help determine the best stop-loss/take-profit points. Set the stop loss beyond the support/resistance level. When the market exceeds these areas, the trend may be unfavorable, and the remaining investment should be withdrawn. 3. Volatility stop loss
The volatility of assets varies significantly. Understanding the range of volatility helps determine the optimal stop-loss point. Highly volatile assets may require higher risk tolerance and stop-loss levels.
It should be noted that after applying for a stop-loss/take-profit, it is not necessary to wait for the scheduled price, and the transaction can be ended at any time. At the same time, avoid emotional influence on the transaction. Stop-loss is not only an exit point, but also the "failure point" of the trading strategy.
I am Nezha, with rich market experience in multiple financial fields after experiencing many rounds of bull and bear markets. Follow the official account,
Here, penetrate the fog of information and discover the real market. Grasp more opportunities for wealth passwords and discover truly valuable opportunities. Don't miss out and regret it again!
#美国加征关税 #马斯克宣布离开特朗普政府 #比特币2025大会
