1. Only trade BTC/ETH.
2. Mainly use the important resistance moving averages above the 4H level to judge the timing for gradually entering short positions.
For example, if the MA60 moving average above the 4H level continues to suppress the price, then use this moving average as the timing for entering a short position.
Generally use the support level below the same level or one level higher as points for gradually entering long positions.
Stop-loss: Set it below the recent low after a downward spike followed by a rise, for example, if the support level is at 2320 and the spike reaches 2310, then set the stop-loss below 2310, around 2300.
4. Stop-loss capital: 20% of total capital; if reached, no more positions should be opened that day. 4.2. Daily operations generally focus on two trades, with a single stop-loss controlled at 10%.
The size of each position opened should remain consistent.
5. Try to focus on gradually entering positions, do not load all your bullets at once! 5.2. Try to follow the trend when opening positions; when the main theme is bearish, try to open short positions, and the same applies vice versa.
1. When the overall market trend is good, chase hot coins.
2. Control the profit-loss ratio, keeping it around 3:1.
3. The daily stop-loss drawdown should be 15%-20% of the principal; if reached, no more positions should be opened that day.
4. Daily review. 3. In a market crash: wait in cash and gradually enter positions 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. Protective stop-loss: When the day's positions have not hit the stop-loss and the same level K-line pattern has not been disrupted, you can avoid using a protective stop-loss.
5. 1. Never think about going all in for quick riches.
2. Only trade in your own market! Learn to stay in cash, do not forcefully open positions.
3. Do not take night positions.
4. Try to avoid opening positions on weekends.
5. After being stopped out, control your mindset, do not get carried away.
Continued attention: $$$BTC
Prepare to place orders!
Currently in a bull market, opportunities arise every day, with password sharing.