Last year, a fan came to me with 5000U, saying he had been losing for six months and was about to lose his mind.
I didn't give him complicated methods; I just had him follow my seven iron rules.
As a result, six months later, his principal grew to 90,000U, and he even withdrew enough to buy a car.
These seven iron rules are also the methods I've used to get to where I am today.
① The best time to operate is after 9 PM
During the day, the news is chaotic, and the market is like a roller coaster.
I habitually only take action after 9 PM, when the market is relatively calm, and the trends are easier to see.
② When you make a profit, take some money off the table first
Profit that isn't realized is just an illusion.
Once I make a profit, I immediately withdraw a portion; for example, if I earn 1000U, I directly withdraw 300U and continue operating with the rest.
This way, I’m not afraid of market reversals, and at least I have real money in hand.
③ Rely on indicators, not on feelings
Trading based on feelings is just blind gambling.
I only look at three tools:
MACD (golden cross and death cross)
RSI (overbought and oversold)
Bollinger Bands (squeeze breakout)
I will only consider taking action when two or more signals are consistent.
④ There must be stop-losses, use them flexibly
If I have time to monitor the market, I use a trailing stop-loss.
For example, if I buy at 1000 and it rises to 1100, I’ll move the stop-loss up to 1050 to lock in profits.
If I don’t have time to monitor, I set a hard stop-loss at 3% to avoid liquidation.
⑤ Must withdraw profits weekly
Profit that isn’t withdrawn is just a numbers game.
I consistently withdraw 30% every Friday, and the rest continues to roll.
This habit has gradually thickened my account balance.
⑥ Look at charts with a sense of rhythm
For short-term: look at the 1-hour chart; I only dare to go long after at least two consecutive bullish candles.
For sideways markets: switch to the 4-hour chart, and wait to enter when close to support levels.
If there are no signals, stay in cash.
⑦ Absolutely avoid these pitfalls
Leverage ≤ 10x, beginners ≤ 5x.
Avoid air coins, even if they rise quickly, they fall harder.
Trading is not gambling; it’s more like a job.
Execute on time, rest on rhythm.
You will find that your account becomes steadier, and earning money feels more solid.
The market is still brewing; if you don’t understand how to play yet, no worries, hurry up and plan with me, let’s get rich together in this bull market!
