I have seen too many people rush into the market with tens of thousands of dollars, fantasizing about making ten times their money in a year, only to be wiped out clean in less than six months.
Do you think reading a few books and learning a few indicators will make you money?
Wrong.
Those who study MACD golden crosses and dead crosses every day end up becoming the fertilizer for the market.
Real huge profits are never made by 'predicting,' but by waiting.
Waiting for what?
Waiting for that big opportunity that only comes once or twice a year.
For example:
In March 2020, when the global pandemic caused a crash and Bitcoin fell to $3,800, would you dare to go all in?
They only dare to 'buy high and sell low' in a volatile market, and in the end, they lose their principal to fees and slippage.
Small funds looking to turn things around don’t rely on 'stable profits,' but on capturing one big trend and doubling down aggressively.
My approach is very simple:
Initial position 10% (testing, cut it if wrong)
After a floating profit of 30%, add 50% of the profit to the position (let the profits run)
If it breaks below the trend line, close everything (never get attached to a battle)
The key is not the win rate, but the risk-reward ratio.
99% of people fail due to these three things:
Frequent trading (getting itchy if not trading for a day, ultimately losing principal to fees)
Making small profits and taking big losses (running away after making 5%, but stubbornly holding on after losing 20%)
Not daring to take large positions (seeing the right direction but only taking 0.1 lots, missing the chance to get rich)
(True huge profits are never found in technical indicators, but in the extreme emotions of the market.)
Every crash is an opportunity!!!
For those who want to accurately time their buying and selling, closely follow @king说趋势 . The market changes rapidly; don’t wait until you miss out to hit your thigh!
