Trading coins requires stability. By following these tips I teach, even beginners can successfully acquire a Panamera!
I used to lose sleep over losses, always thinking, 'How can I turn it around?' But now I steadily earn over 50% each year, relying on these 'simple methods' that helped me turn losses into profits. Pay attention; these techniques are crucial for survival!
1. The Principle of Impulse Control
If the market hasn't reached the pattern you've practiced a thousand times, don't rush to place an order. It's like playing Mahjong: 'Don't join a game you can't win'! Keep calm, reduce impulsiveness, and ensure profits.
2. Night Owl Strategy
During the day, the market behaves erratically, with all sorts of fake news. After 9 PM, once the traders have finished dinner, the market reveals its true self, making it less likely to incur losses.
3. Take a Bite of the Meat on the Plate
Earned 1000U? Immediately transfer 300 to your bank account, and do whatever you want with the rest. I've seen too many people who earned enough for a Panamera but couldn't stop, eventually losing even their bicycles—don't let greed take control.
4. Install a 'Truth Mirror' on Your Phone
Before placing an order, open TradingView and check the three major indicators:
MACD: Golden crosses and death crosses are a must-see!
RSI: Overbought and oversold conditions; control your emotions.
Bollinger Bands: Contraction and expansion, revealing trends!
These act like x-ray vision for your trades, helping you avoid pitfalls.
5. Stop-Loss Should Be a Magic Trick
Setting a stop-loss is like playing 'Howl's Moving Castle': if you earn 100U, move your stop-loss up by 50U, ensuring safety whenever you have profits; when walking the dog, set a hard stop-loss of 5%, so you won't fear market crashes at night.
6. Share Profits Every Friday
Whatever you earn, at 3 PM every Friday, transfer 30% to your bank account, whether it's 10,000 or 1,000U. Protect your profits, or be prepared for liquidation.
7. Watching Candlesticks Is Like Watching a Series
Keep an eye on the 1-hour chart; once you see two bullish candles, don’t rush. Switch to the 4-hour chart to find support levels; it’s like looking for restroom signs—accurate and helps avoid pitfalls.
8. These Pitfalls Are Certain Death
Leverage over 10x = certain death (newbies should start at 3x).
Shitcoins and Dogecoin: They're just scythes for harvesting retail investors; avoid them!
Place a maximum of 3 orders per day; if you can't stop, you're doomed.
The more Zen you are, the fatter your wallet! Learn patience, be a steady investor, and you too can reap abundant rewards.