Teach you the most foolish way to play B, high and stable
I have tried countless trading strategies, but most of them are impractical. Only the method below has allowed me to achieve relatively stable profits, and I am still using it to this day, with significant and stable results.
You don’t need to worry about whether you can master this method; since I could seize the opportunity, so can you. I am not exceptionally gifted, just an ordinary person. Unlike others, they may have overlooked this method.
If you can learn and value this method, it can help you earn an extra 3 to 10 points of profit every day in trading.
Here are the specific steps:
Step 1: Filter the cryptocurrencies on the rise list from the past 11 days to add to your watchlist, but exclude those that have fallen for three consecutive days or more to prevent funds from being withdrawn.
Step 2: Observe the monthly candlestick chart, focusing only on cryptocurrencies where the MACD has formed a golden cross.
Step 3: Switch to the daily candlestick chart, paying attention to the 60-day moving average. When the price retraces to the vicinity of the 60-day moving average and a high-volume candlestick appears, you can enter with a large position.
Step 4: Use the 60-day moving average as the basis for operation, holding online and selling offline. The specific operation is divided into three details:
1. When the segment rise reaches 30%, reduce one-third of your position;
2. When the segment rise reaches 50%, reduce another one-third of your position;
3. The most crucial point, the core that determines whether you profit, is that if the price falls below the 60-day moving average the day after your purchase, you must liquidate all positions without hope of luck.
Although this method of selecting cryptocurrencies combining the monthly and daily charts has a low probability of falling below the 60-day moving average, we still need to maintain risk awareness.
In the cryptocurrency circle, the safety of the principal is paramount. Even after selling, if the cryptocurrency meets the buying conditions again, you can re-enter.
The key to making money lies not in the method but in execution.
"Once the price falls below the 60-day moving average, be sure to liquidate all positions, do not hold any illusions."
In summary, in the cryptocurrency space, one must be flexible and adaptable; the overall market and individual currencies can be quite different. Trading seems to be a contest with the market, but it is actually a test of human nature. The risks at hand may be an opportunity, while what seems like an opportunity could be a trap.