There is no shortage of opportunities in the cryptocurrency world, but there is only one life. Don't look down on the fluctuations of spot, especially the mainstream core targets. This position must be there. Only play spot before you have enough trading experience. Stable profit from spot is the first step, don't play difficult contracts right away.
Before you fully master trend trading, don't go long or short at the same time, because the trend has inertia. You won't turn from long to short immediately after you see a short position. You should take advantage of both the long and short trends. If you can't make money when both trends appear, do one trend to the extreme and hold your own three-point territory. Don't be greedy and end up with a double-empty position.
Many people think that only by operating can they make money. In fact, the key to making money lies in not operating, waiting patiently, and holding on patiently if there is a profit after opening a position. Operations can bring the pleasure of feedback, while waiting is very anti-human.
80% of the market conditions are shocking and make people feel good, but those that make people feel good will definitely not make them earn money, at least a lot of money.
Let me talk about myself! I have been trading cryptocurrencies for 10 years. I entered the circle with the principal of 68,000 yuan saved from my part-time job. Now I have assets of more than 50 million yuan. After entering the cryptocurrency circle, I quit my job and went home to trade cryptocurrencies professionally. I rely on cryptocurrency trading to support my family. I only trade spot and occasionally play contracts. Although I am not like some people who can achieve two small goals with 10,000 yuan, I am already very satisfied and feel safe. I dream that my account will break one goal by the end of this year, and I will have more capital to make more money next year.
In the cryptocurrency circle, many newcomers may not know how to read Bollinger Bands, and they only know a little bit. There are even fewer people who can see the details and technical patterns. As the saying goes, one trick can do it all. It is not difficult to master a technique that you can understand. The difficulty lies in not wanting to learn. Investing in cryptocurrencies is not for others, but for yourself. If you are willing to spend more time, learn it well, and understand it thoroughly, then investing in cryptocurrencies will not be as difficult as you think.
In addition to solid skills, I also strictly follow the following 11 iron rules and tactics!
1. High and low consolidation and then observe When the market is in a high or low sideways consolidation stage, waiting and watching is a more cautious strategy. The emergence of sideways trading is often a prelude to a change in the market. After digesting the previous fluctuations, the market will eventually choose a clear direction. At this time, rash actions may bring unnecessary losses. Waiting for the market to become clear and then following the trend is the rational approach. The predecessors have repeatedly reminded that "when the market is sideways, waiting and watching is more valuable than blindly trading."
2. Don’t be attached to hot positions, and change positions with the market. In short-term operations, hot positions are mostly the result of speculation. Once the heat dissipates, funds will quickly leave the market, and investors who are stuck in it will face a passive situation. Therefore, the predecessors suggest that you should not linger on hot positions for a long time, but should flexibly adjust and always maintain mobility. As he said, "Short-term hot positions come and go quickly, and if you are not careful, you will chase the rise and sell the fall. Successful short-term operations are by no means blindly following the trend, but always staying sober and doing it from beginning to end, and nothing will come out in the end. "
3. If the rising trend jumps up and opens, you need to hold the position firmly. If the K-line jumps up and opens with a positive line in the rising trend, accompanied by a large volume, it means that the market has entered a stage of accelerated growth. At this time, you should keep calm and hold the position firmly, because this situation often brings a big rise. The predecessors called it the "growth period", emphasizing that you need to have firm beliefs at this stage and not be affected by short-term fluctuations, so as to obtain substantial profits.
4. Decisive exit when there is a huge positive line. Regardless of whether the market is at a high or low level, a huge positive line is a signal to exit. In this case, even if you see a daily limit, you must decisively close your position, because in most cases, there will be a callback after a huge positive line. Our predecessors told us, "No matter how tempting the profit is, it is the key to avoid profit taking when you are ahead and decisively close your position." The core of this strategy is "knowing when to advance and retreat". In any case, you must guard against risks and control the retracement of profits.
5. Buy when the moving average is above the negative line, and sell when the moving average is below the positive line. The moving average is one of the key references for short-term operations. If the stock price is above the important moving average and a negative line pullback occurs, it is a signal for buying; on the contrary, a positive line below the moving average may indicate a lack of upward momentum, and it is suitable to sell and leave the market. In short-term investment, generally only the daily moving average or the attack line is concerned, and it is not advisable to drag it out, and the holding time should not be too long. The predecessor reminded, "No more than one week, take action within three days, and don't miss the opportunity." Short-term investment emphasizes speed and accuracy, and holding for too long will increase risks.
6. Don't sell if the price goes up, don't buy if the price goes down, and don't move if the price goes sideways. In the cryptocurrency circle, the market fluctuates frequently, and this principle is regarded as the basic rule of survival. If the current price is not significantly higher than the purchase price, you should not sell it easily; on the contrary, if there is no obvious decline, you should not rush to buy. When the market is sideways, it is safer to wait and see. The predecessors called this "stability first", and any hasty transaction may lead to losses. Long-term profits do not rely on frequent entry and exit, but on reasonable entry and exit opportunities.
7. It is better to invest less than more, and do what you can. In the cryptocurrency circle, flexibility is the key. Even if you are very sure, you should not invest a large amount of money at one time. Reasonable position allocation is particularly important. Our predecessors reminded us that "it is better to invest less than more", because the market may fluctuate unexpectedly at any time, and fund diversification can reduce the risk of a single investment. For each transaction, a reasonable position ratio must be formulated so that you will not be caught off guard when encountering sudden market conditions.
8. Learn to interpret market news In the cryptocurrency world, the influence of news cannot be underestimated. Market news often directly triggers large fluctuations in the price of cryptocurrencies, which may be a big rise or a big fall. Therefore, investors should learn to interpret market information, especially major events and policies. Seniors suggest that novices should wait and see when encountering major news, because too much intervention may cause unnecessary losses.
9. Mastering technical indicator analysis Technical analysis plays an important role in the currency circle. Seniors suggest that beginners should systematically learn technical indicators, develop a learning plan, and master analytical tools such as moving averages, KDJ, Bollinger Bands, K-line patterns, volume-price relationships, and capital flows. Technical analysis requires a long period of accumulation and is not achieved overnight. Mastering technical analysis can help investors determine buying and selling points and reduce unnecessary losses.
10. Make a trading plan and avoid frequent trading. Frequent trading will not only generate high fees, but also interfere with the trading mentality and lead to emotional operations. The predecessors emphasized that "trading requires planning and cannot be blindly arbitrary." In the currency circle, frequent entry and exit often means greater uncertainty. An effective trading plan can help investors maintain rationality and clear thinking.
11. Do a good job of risk control and set stop loss and take profit. Before each transaction, you should set reasonable stop loss and take profit points to control the risk within an acceptable range. When you reach the stop loss or take profit point, you should leave the market decisively instead of greedily pursuing profits. The price of the currency circle fluctuates violently. The experience of our predecessors tells us that "reasonable stop loss and take profit are the key to successful trading." Even experienced investors cannot accurately predict the market. Therefore, perfect risk control measures are a must for every investor.
If you understand the general trend, you will make a lot of money, but if you don’t understand the trend, you will lose money. Today I want to share with you how to use BOLL. This indicator is familiar to everyone, but not many people can use it skillfully.
BOLL indicator, also known as Bollinger indicator, is also called Bollinger Bands indicator. BOLL indicator is a very simple and practical technical analysis indicator, and is an important technical analysis tool for judging the medium and long-term movement trend of the market. BOLL indicator consists of three lines, namely the upper track line, the middle track line, and the lower track line. BOLL indicator becomes an effective tool for judging the market trend through the relationship between these three lines combined with other indicators. As shown in the following figure:
The main functions of Bollinger Bands
1. The Bollinger Bands indicate support and resistance positions. The upper and lower tracks of the stock price channel show the highest and lowest prices for the safe operation of the stock price, the upper track, the middle track and the lower track.
2. Both can support the stock price, while the upper and middle lines sometimes exert pressure on the stock price.
3. Bollinger Bands can indicate trends and channels. There are 3 lines in total, located at the upper, middle and lower rails. Above the middle rail is an operational trend, and below the middle rail is not recommended. #迷因币情绪
4. In the operation area, strong stocks are always between the middle and upper tracks, while weak stocks are always below the middle track.
(1) Bollinger Bands can indicate support and resistance positions;
(2) Bollinger Bands can indicate overbought and oversold;
(3) Bollinger Bands can indicate trends;
(4) Bollinger Bands have channel functions.
1: If the stock price crosses the BOLL pressure line, i.e. the yellow line, you should pay special attention to it, because it is very likely to turn into the trend shown in the figure below:
For those who are short-term traders, you can sell the stock when the stock price falls below the yellow line or approaches the white line (i.e. the average line). You can sell the stock when you can make a profit. There is no need to hold on to a stock, because everything that goes up must go down.
BOLL indicator usage tips Bollinger Bands indicator detailed illustration
The daily Bollinger Bands are usually set to 20 or 25 days, of which the 20th is more sensitive and has greater practical reference value. As the stock market volatility cycle lengthens, the 20-day moving average represented by the Bollinger middle track can provide stronger practical guidance for the trend and buying and selling points of strong and hot stocks within 2-4 weeks. The specific points are as follows:
1. After a long period of sharp decline, the middle track of Bollinger turns flat and an upward turning point appears, and the stock price is above the middle track for 2-3 days. At this time, if the stock price pulls back, its low point of the pullback is often a medium- and short-term entry point for appropriate low-absorption. Investors should note that at this time, the 3-day, 7-day, and 21-day moving average systems form a golden cross and are in a bullish divergent state. If there is a matching trading volume, investors can actively absorb it, because this golden cross can often capture the surge wave of the dark horse's rise.
2. For those strong stocks that are trading between the middle track of BOLL and the upper track of Bollinger, investors can use the pullback to the middle track as a low-buy point, and use the middle track as an important profit-taking and stop-loss line. If the 3-day, 7-day, and 21-day moving average systems have a dead cross and are in a state of short divergence, investors must resolutely exit. #交易策略误区
3. The price and volume are well coordinated over a period of time, and the cumulative turnover of the positive line in the interval is higher than that of the negative line. When the stock price is relatively mildly increased in volume compared to the previous period, the daily turnover is in the range of 0.8%-1.2%; and when the stock price maintains a continuous attack, the daily turnover should be maintained in the range of 1.5%-2%.
4. In the K-line combination, there are more positive lines than negative lines, and the real body of the positive line is longer than the negative line. It is better if the stock price has an arc bottom, double bottom, head and shoulders bottom, or compound bottom.
For those who are short-term traders, I don't recommend covering your position or waiting for the stock price to rise. If you have already bought it, it is best to sell it on the day it falls below the average line. Even if you are losing money, you have to sell it. If you don't sell it, you will lose more later. #美国加密周
Summarize:
Cryptocurrency trading is not something that can be achieved overnight, nor can it be profitable to rely on luck or following the trend. The experience of our predecessors tells us that success lies in rationality and patience. The key is to find a method that suits you, stick to principles and practice repeatedly, rather than chasing short-term popularity and quick profits. Stable profits come from a balanced mentality, risk control and a deep understanding of the market.
The predecessors taught us: "Less is more, simplicity is excellence." In the market, excessive trading and frequent judgments will weaken profit opportunities. Only when investors remain calm in the face of the market and truly grasp the essence of "Tao", can they calmly deal with the ever-changing situation in the cryptocurrency circle. Let's encourage each other with this. Timing is more important than effort. As the saying goes, when the time comes, the world will work together, and when the luck is gone, the hero will not be free. The core of the cryptocurrency circle is news, accurate news! Only high-quality first-hand signal sources can be invincible in the market.
No matter how diligent a fisherman is, he will not go out to sea to fish in the stormy season, but will guard his fishing boat carefully. This season will always pass, and a sunny day will always come! Pay attention to Yan An, you can fish and fish. The door to the currency circle is always open. Only by following the trend can you have a smooth life. Collect it and keep it in mind!
