1. Only do the first and second.
2. Mainly determine the entry points for short positions in batches based on the important moving averages above the 4-hour level.
For example, if the MA60 moving average above the 4-hour level continuously suppresses the price, then take this moving average as the timing for entering short positions.
Generally, use support below the same level or a higher level as the entry points for long positions in batches.
Stop-loss: Place it below the previous low after a downward spike followed by a rebound. For instance, if the support level is 2220, and the spike reaches 2210, then set the stop-loss below 2210, around 2100.
3. Stop-loss capital: If 20% of total capital is reached, do not open new positions for the day. 4.2. Daily operations generally consist of two transactions, with a single stop-loss controlled at 15%.
The position size for each trade should remain consistent.
4. Try to enter positions in batches, do not load all at once! 5.2. Try to follow the trend when opening positions; if the main trend is bearish, try to enter short positions, and vice versa.
When the overall market trend is good, chase hot coins.
Control the risk-reward ratio, keeping it around four to one.
Daily stop-loss drawdown should be 15% of the capital; if reached, do not open new positions for the day.
Daily review. 3. Market crash: Wait in cash and enter in batches when opportunities arise; if there are no opportunities, just wait in cash. In such a market, not losing money is equivalent to making money.
4.1. Guaranteed profit stop-loss: If the trading conditions of the day do not trigger a stop-loss and the same level K-line patterns have not shown signs of damage, a guaranteed profit stop-loss does not need to be set.
Never think about going all-in for a sudden wealth.
Only trade in markets that belong to you! Learn to stay in cash, do not force trades.
Do not hold overnight positions.
Avoid opening positions during weekends without market activity.
After a stop-loss, control your mindset, do not get overly emotional.