My Trading Strategy 👍 Day Trading:
Leverage 75x to 125x, Position fixed below 10%
(Based on the cryptocurrency, generally as large as possible)
1. Leverage and Position
• Leverage set at 75x to 125x, adjusted according to market fluctuations, aiming for maximum capital utilization.
• Single position strictly controlled below 10% of total capital to manage risk and prevent liquidation.
• Single position maximum risk not exceeding 30,000 USDT, excess funds to be withdrawn or transferred to other accounts (this is very important❗️)
2. Trend and Pattern Judgment
(The following is not solely based on patterns; at least three or more strategies or technical standards should be used as a basis) "Whatever pattern or indicator is just an aid; only trading volume won’t lie!" 🫡
• Higher time frame (daily, 4H, 1H, 15-min K) to judge overall bullish or bearish trends and key patterns.
• Patterns include triangle convergence, ascending triangle, descending triangle, head and shoulders top/bottom, flag pattern.
• Lower time frame (5-min K, 1-min K) used to find precise entry points, observing breakouts and pullbacks.
3. Technical Tools and Volume-Price Combination
• Trend lines used to identify support, resistance, and breakout points.
• FVG (Fair Value Gap) analyzes short-term price gaps, assisting in judging momentum direction.
• OB+ / OB- (Order Block) reveals major buying and selling areas, determining key support and resistance.
• Trading volume is an important indicator of breakout authenticity; volume-price combination can increase win rates.
4. Entry and Exit Strategies
• Entry must have a clear structural breakout accompanied by increased volume, strictly preventing false breakouts.
• Prioritize waiting for a pullback to support or resistance confirmation before entering to reduce risk.
• Set stop-loss outside structural high and low points to control loss magnitude, avoid emotional trading; a stop-loss is just that, "As long as the green mountains remain, one need not worry about firewood." 😆
• Take profit targets set at previous key high and low points or technical target areas; "Avoid greed, don’t always try to capture the entire price movement, take profits when available." 😅
5. Risk Management and Mindset
• Strictly operate in the direction of the trend, never trade against the trend.
• Strictly adhere to position and stop-loss plans to avoid liquidation.
• Regularly diversify funds, withdraw or transfer to other accounts.
• Full-time traders must avoid greed; in principle, as long as you are not greedy and trade with a plan, it is hard not to make money in the crypto space!!! 🤣
