If your funds are within 300,000 and you want to quickly succeed in the cryptocurrency market through short-term trading, then please read this article carefully. After reading, you will have a sudden realization about the essence of short-term trading!
I am 30 years old this year, and I have been in the market for 10 years, with 6 years of professional trading to support my family! Not choosing a finance major in college is one of my biggest regrets in life. I started learning about stocks/finance/foreign exchange online in my freshman year. The red and green screens filled my life with colors, making me fascinated.
With unlimited aspirations for the market, I foolishly opened an account in my sophomore year. Later, I gradually learned about the cryptocurrency market, Bitcoin and related things, and through the introduction of a classmate, I learned more and more, feeling very interested and thus began my investment career.
Core Four-Step Method: Mechanical Execution, Violent Compound Interest!
1. Coin Selection Sniping Technique: MACD Golden Cross Hunting: Prioritize golden crosses above the zero axis on daily charts! Such coins have a strong bullish trend, with a success rate of 68%, avoiding the temptation of false signals below the zero axis.
Example: After Ethereum's MACD golden cross above the water in April 2024, it skyrocketed 40% in 3 weeks, outperforming the market by 2 times!
2. Moving Average Life and Death Line: Go hard above the line, cut hands below the line: Price stabilizing above the 20-day moving average = offensive signal, breaking below = unconditional liquidation! This line is the boundary between bull and bear markets; breaking it means the main force is retreating, don’t fall in love with the trend!
3. Position Art: Full Position Charge Conditions: Price + Volume both break through moving averages (e.g., BTC breaking through $60,000 with volume), otherwise only use 50% of the position to test.
Take Profit Secrets: Harvest 1/3 at 40% profit, cut another 1/3 at 80%, let the remaining position run for profit, but if it breaks the moving average, immediately hit the nuclear button to liquidate!
4. Stop Loss Like Breathing: Cut immediately when the line breaks! Even if there is a V-shaped rebound the next day, don’t regret it. Discipline is 100 times more important than a single profit or loss! Historically, 87% of liquidations come from the “let’s wait and see” tragedy in the cryptocurrency market.
Five Truths: Understand the language of the market, reap the main force
1. High-level sideways movement hides danger, low-level grinding the bottom waits for take-off — the longer the horizontal movement, the higher the vertical!
2. I won’t accompany you while you play dead in sideways movement, the true direction shows itself in the breakout — 80% of losses come from careless operations!
3. Buy quietly on shrinking bearish lines, sell quickly on expanding bullish lines — go against the emotions, specifically eat panic orders!
4. Don’t catch falling knives in sharp declines, wait for a rebound in slow declines — a sharp drop will certainly have a rebound, while a slow drop will bring new lows!
5. Sell more as prices rise, buy more as prices fall — the cost of pyramid building is lower than that of the dealers!
