Many friends still do not understand Dage's trading logic, constantly asking if ETH can rise to 3000 or 4000.
Dage tells you, I don't know either.
Dage is a trend swing trader; the so-called swing means to trade back and forth within a price range. You let me take a look at the price movement of these few days, Dage can do that. You ask me to predict the market for the next month, how could I possibly do that? If Dage could really do it, do you think I would be typing here?
In the years that Dage has been trading, I can tell you clearly that even the best traders cannot predict the market a month ahead. Occasionally getting it right is purely a matter of luck or based on news; note that only news can help you determine a big market trend.
Some people just deceive novices into thinking they are impressive, but in reality, they are nothing.
Dage's win rate in trend trading is not high. How can one still profit with a low win rate? The answer is to capture the big moves in each wave. I have said many times that in contract trading, the probability of losing is always greater than the probability of winning due to the existence of transaction fees. With transaction fees, your probability of profit is actually 45-55. From a probability perspective, if your win-loss ratio is 1-1, once your number of trades reaches a certain volume, your outcome will be zero. We open positions near support and resistance levels, and the real purpose is to increase our trading win rate and then expand our profit margin; that is the significance of support and resistance levels.
All of Dage's trading judgments are validated. I won’t tell you what the market will be like in a few days; I can only discuss the market of these few days because if I could see the market a few days or even a month ahead, then speaking to you, I would expect you to pay thousands for my words. Dage knows many traders, some of whom have made over a hundred million in cryptocurrency trading and have successfully exited the market; those who are truly impressive mostly rely on information and their short-term market analysis.
Brothers, Dage is just an ordinary trader. All the judgments in swing trading come from Dage's market analysis and the content of the data. Trend trading primarily comes from major information and market trends.
Dage does not belong to the candlestick school; in fact, Dage is very opposed to the candlestick school. If candlesticks were really that powerful, stock traders would have already dominated the cryptocurrency market.
If you categorize Dage as belonging to the candlestick school, that would be quite insulting.