Renkoaio
High-Frequency Trader
1.7 Years
MethodAlgo Trader
6 Following
97 Followers
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The Practical Handbook for Cryptocurrency Trading from Scratch
1. Purpose of entering the trading market
Before entering the cryptocurrency trading market, it's crucial to clarify your goals. Are you pursuing short-term gains, or accumulating wealth through long-term investments? While some are attracted to the high volatility and potential returns of cryptocurrencies, others view it as an investment opportunity in technological innovation. Regardless of the chosen goal, a clear purpose can help you formulate trading strategies and maintain focus. For example, short-term traders often focus on price fluctuations, while long-term investors pay more attention to project fundamentals, including blockchain technology and team background.
Before entering the cryptocurrency trading market, it's crucial to clarify your goals. Are you pursuing short-term gains, or accumulating wealth through long-term investments? While some are attracted to the high volatility and potential returns of cryptocurrencies, others view it as an investment opportunity in technological innovation. Regardless of the chosen goal, a clear purpose can help you formulate trading strategies and maintain focus. For example, short-term traders often focus on price fluctuations, while long-term investors pay more attention to project fundamentals, including blockchain technology and team background.
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2025 Trader’s Mental Playbook: The Key to Winning in the Market
In the fast-paced world of trading, a successful trader needs more than just technical skills and strategies—they also need a strong mind. The following five psychological principles will help you handle market challenges and achieve long-term success:
1. Review Success, Not Failure: Learn from Wins, Not Losses 💡🔑
Instead of dwelling on losses, focus on understanding and replicating your successful trades.
• 🎯 Analyze what went right in your winning trades—identify the key factors that led to success.
• 🔄 Develop patterns from your wins, so you can consistently make the right decisions.
• 📝 Use your successes as the foundation for future trades, continuously refining and improving your strategy.
2. Stay Calm: Emotions Are Your Greatest Enemy 🧘♂️🧘♀️
Market fluctuations often trigger greed and fear, but successful traders always maintain composure.
• 📋 Follow a clear trading plan and avoid distractions from market noise.
• ⏸️ Pause trading when emotions are running high, and resume once you regain clarity.
• 🧠 Make decisions based on data, not emotions.
3. Focus on the Process: A Proper Process is More Important Than the Outcome 🔄🎯
You can’t control the market, but you control your trading process.
• 👁️🗨️ Focus on whether each trade follows your strategy, not just the win or loss of any individual trade.
• 👍 Reward yourself for executing well, even if a trade ends up in a loss.
• 📝 Track your trading process and refine it based on experience.
4. Be Adaptable: Accept and Adapt to Uncertainty 🌊🔄
Uncertainty is the only constant in the market. Successful traders don’t try to control the market; they adapt to it.
• 🛠️ Evaluate your strategies regularly to ensure they keep up with market changes.
• 🎯 Focus on “reacting correctly”, not on “predicting correctly.”
• 🌈 Treat uncertainty as normal, and reduce anxiety about it.
5. Patience and Focus: Seize High-Probability Opportunities ⏳✨
In trading, patience is often more valuable than frequent action. Wait for the right opportunities.
• 🚦 Avoid trading without a plan, and ensure every trade has a solid basis.
• 🙌 Adopt the mindset that “being out of the market is also a position.”
• 👀 Stay focused on market behavior, not on constantly seeking new trades.
Trading Psychology is a Process of Cultivation 🛤️🌟
review success🔑, stay calm 🧘♀️, focus on the process 🎯, adapt 🌊, and be patient ⏳—these psychological principles will keep you on track as a trader, helping you achieve consistent success in an ever-changing market.
With the right mindset, you can master trading and win the market. 🚀✨
#mindest #交易哲学 #内容挖矿
1. Review Success, Not Failure: Learn from Wins, Not Losses 💡🔑
Instead of dwelling on losses, focus on understanding and replicating your successful trades.
• 🎯 Analyze what went right in your winning trades—identify the key factors that led to success.
• 🔄 Develop patterns from your wins, so you can consistently make the right decisions.
• 📝 Use your successes as the foundation for future trades, continuously refining and improving your strategy.
2. Stay Calm: Emotions Are Your Greatest Enemy 🧘♂️🧘♀️
Market fluctuations often trigger greed and fear, but successful traders always maintain composure.
• 📋 Follow a clear trading plan and avoid distractions from market noise.
• ⏸️ Pause trading when emotions are running high, and resume once you regain clarity.
• 🧠 Make decisions based on data, not emotions.
3. Focus on the Process: A Proper Process is More Important Than the Outcome 🔄🎯
You can’t control the market, but you control your trading process.
• 👁️🗨️ Focus on whether each trade follows your strategy, not just the win or loss of any individual trade.
• 👍 Reward yourself for executing well, even if a trade ends up in a loss.
• 📝 Track your trading process and refine it based on experience.
4. Be Adaptable: Accept and Adapt to Uncertainty 🌊🔄
Uncertainty is the only constant in the market. Successful traders don’t try to control the market; they adapt to it.
• 🛠️ Evaluate your strategies regularly to ensure they keep up with market changes.
• 🎯 Focus on “reacting correctly”, not on “predicting correctly.”
• 🌈 Treat uncertainty as normal, and reduce anxiety about it.
5. Patience and Focus: Seize High-Probability Opportunities ⏳✨
In trading, patience is often more valuable than frequent action. Wait for the right opportunities.
• 🚦 Avoid trading without a plan, and ensure every trade has a solid basis.
• 🙌 Adopt the mindset that “being out of the market is also a position.”
• 👀 Stay focused on market behavior, not on constantly seeking new trades.
Trading Psychology is a Process of Cultivation 🛤️🌟
review success🔑, stay calm 🧘♀️, focus on the process 🎯, adapt 🌊, and be patient ⏳—these psychological principles will keep you on track as a trader, helping you achieve consistent success in an ever-changing market.
With the right mindset, you can master trading and win the market. 🚀✨
#mindest #交易哲学 #内容挖矿
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$BOME #BOME🔥🔥🔥 #methodalgo
bomeusdt.p-Going Long
4-hour price retracement to 61.8%, moving averages, white magnet, LD indicator: RSH bars beginning to shorten, Cyclewave also starting to return to the middle;
1-hour cloud starting to shrink seems to reverse, LD indicator: Bullish signal already present, background color of the monk seems healthy.
bomeusdt.p-Going Long
4-hour price retracement to 61.8%, moving averages, white magnet, LD indicator: RSH bars beginning to shorten, Cyclewave also starting to return to the middle;
1-hour cloud starting to shrink seems to reverse, LD indicator: Bullish signal already present, background color of the monk seems healthy.
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$DOGS #Dogs #methodalgo
dogsusdt.p-long
Two 12-hour white magnets, the first white magnet retraces to the upper edge
Looks a bit like a j hook formation
My Position:
Entry: 0.0007240
Stop Loss: 0.006211
TP1: 0.0008792
TP2: 0.0010223 (rr2.89)
Risk: 2%
dogsusdt.p-long
Two 12-hour white magnets, the first white magnet retraces to the upper edge
Looks a bit like a j hook formation
My Position:
Entry: 0.0007240
Stop Loss: 0.006211
TP1: 0.0008792
TP2: 0.0010223 (rr2.89)
Risk: 2%
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$AUCTION #AUCTION #methodalgo #内容挖矿
4 hours retracement to the bull flag channel and fib50%, now breaking through the bull flag middle track, LD indicator cycalwave recovered from the oversold area, the main line resistance was broken, and then the dot and plus sign strengthened the breakthrough signal
4 hours retracement to the bull flag channel and fib50%, now breaking through the bull flag middle track, LD indicator cycalwave recovered from the oversold area, the main line resistance was broken, and then the dot and plus sign strengthened the breakthrough signal
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How do professional traders make money?
Learn to use your advantages and have an entry plan and an exit plan.
There are countless types of traders in the market, and you only need to learn the trading model that you are good at.
Professional traders always leave their own notes on the market structure on the charts.Risk management and reasonable use of stop loss.You should know that it is difficult to trade with small stop loss and large profit (the so-called perfect trade). You should analyze whether you should go long/short in the current market. If there is no opportunity, you should wait patiently for it.There is no need to wonder why prices rise and fall, such as checking market news or discussions about the target. Price represents everything.
There are countless types of traders in the market, and you only need to learn the trading model that you are good at.
Professional traders always leave their own notes on the market structure on the charts.Risk management and reasonable use of stop loss.You should know that it is difficult to trade with small stop loss and large profit (the so-called perfect trade). You should analyze whether you should go long/short in the current market. If there is no opportunity, you should wait patiently for it.There is no need to wonder why prices rise and fall, such as checking market news or discussions about the target. Price represents everything.
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$GAS #GAS #methodalgo
Contract/spot long, retracement around 38.2%, old trend line breakthrough, 4-hour bull signal, tp1 near the previous high (rr3), tp2 at the weak position given by fib (rr4.5), stop loss placed below the white magnet, risk2%
Contract/spot long, retracement around 38.2%, old trend line breakthrough, 4-hour bull signal, tp1 near the previous high (rr3), tp2 at the weak position given by fib (rr4.5), stop loss placed below the white magnet, risk2%
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$ETHFI long, trend line breakthrough, 2-hour bull reversal signal, breakout, plus sign bullish, stop loss placed below the white magnet, 3 take profit target positions (red magnets), risk 2%#ETHFI🔥🔥🔥 #methodalgo
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$ARB #arbirtum #methodalgo
Contract/spot long, above 4-hour vp support, stop loss below hl, rr3, risk2%~5%
tp1 1.3916
tp2 1.56
tp3 1.6888
tp4 1.9697
tp5 2.7134
Contract/spot long, above 4-hour vp support, stop loss below hl, rr3, risk2%~5%
tp1 1.3916
tp2 1.56
tp3 1.6888
tp4 1.9697
tp5 2.7134
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What you should know when entering the trading market
#BTC #ETH #BNB #methodalgo
The trading market is very cruel. You must be prepared to lose money every time you trade and become a successful loser. If you start out trying to make a lot of money, nine times out of ten it's not going to happen. Even if you make money once or twice at once (luck), you will lose it later based on your own strength. 95% of people are losing money, but what about the 5% of people who are making profits? Risk management: You need to know the risk of bankruptcy. Suppose you have 1000U and the risk of each transaction is 10%, then you can lose ten times in a row. If your risk per trade is 2%, then you can lose 50 times in a row. If you are worried about bankruptcy or liquidation, you should lower the amount of each order you place. Trading plan: Don’t forget to set take profit and stop loss. Every transaction is like driving a car, stop loss is your seat belt. Trading system: The trading system is equivalent to your "Survival Guide". Welcome to methodalgo to develop your own trading strategy to improve your trading career!
The trading market is very cruel. You must be prepared to lose money every time you trade and become a successful loser. If you start out trying to make a lot of money, nine times out of ten it's not going to happen. Even if you make money once or twice at once (luck), you will lose it later based on your own strength. 95% of people are losing money, but what about the 5% of people who are making profits? Risk management: You need to know the risk of bankruptcy. Suppose you have 1000U and the risk of each transaction is 10%, then you can lose ten times in a row. If your risk per trade is 2%, then you can lose 50 times in a row. If you are worried about bankruptcy or liquidation, you should lower the amount of each order you place. Trading plan: Don’t forget to set take profit and stop loss. Every transaction is like driving a car, stop loss is your seat belt. Trading system: The trading system is equivalent to your "Survival Guide". Welcome to methodalgo to develop your own trading strategy to improve your trading career!
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$DASH - Trading Plan #dash #methodalgo
📊Analysis:
1. Looking at the PR indicator, the 3-day line appears to be rising.
2. From the K-line analysis, a reverse head-and-shoulders bottom pattern appears at the bottom. After the neckline breaks through, it steps back on the neckline (there is also a teacup pattern here).
3. A two-year trend line breakout.
4. Looking at the LD indicator, there are four bullish signals.
📝My trading plan:
1. It is recommended that you can enter the spot at any time, of course, you can also enter the contract, and you should be optimistic about the risks.
2. In the short term, we should try to break through the consolidation area before 41-45, break through and fall back to 45, and then go long contracts.
3. In the short term, you can pay attention to whether the Jhook/Bull Flag downward channel pattern appears, and go long contracts by stepping back to 0.382/0.618.
⚠️If there is a rising wedge/bear flag formation in the short term, be cautious in going long and wait for the FIB number to pull back to enter the long position.
🎯TP goals:
TP1:62.06
TP2:74.67
TP3:105.99
TP4:183.11
📊Analysis:
1. Looking at the PR indicator, the 3-day line appears to be rising.
2. From the K-line analysis, a reverse head-and-shoulders bottom pattern appears at the bottom. After the neckline breaks through, it steps back on the neckline (there is also a teacup pattern here).
3. A two-year trend line breakout.
4. Looking at the LD indicator, there are four bullish signals.
📝My trading plan:
1. It is recommended that you can enter the spot at any time, of course, you can also enter the contract, and you should be optimistic about the risks.
2. In the short term, we should try to break through the consolidation area before 41-45, break through and fall back to 45, and then go long contracts.
3. In the short term, you can pay attention to whether the Jhook/Bull Flag downward channel pattern appears, and go long contracts by stepping back to 0.382/0.618.
⚠️If there is a rising wedge/bear flag formation in the short term, be cautious in going long and wait for the FIB number to pull back to enter the long position.
🎯TP goals:
TP1:62.06
TP2:74.67
TP3:105.99
TP4:183.11
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Record your transactions!
The records are all based on a trading strategy. If you don't know how to formulate your own strategy, welcome to #methodalgo , where you can combine your favorite trading strategies through different modes to help you improve your trading.
Importance of transaction records
Collect data and calculate the results. Single profit = profit or loss - handling fee. After calculating each transaction, don’t forget to calculate the average profit and average loss, as well as the transaction profit (the percentage of winning transactions). These are used to measure Your trading performance. Track your maximum profit and loss each month. Record the holding time of each profit and loss, not for records, but for better trading next time.
Importance of transaction records
Collect data and calculate the results. Single profit = profit or loss - handling fee. After calculating each transaction, don’t forget to calculate the average profit and average loss, as well as the transaction profit (the percentage of winning transactions). These are used to measure Your trading performance. Track your maximum profit and loss each month. Record the holding time of each profit and loss, not for records, but for better trading next time.
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$JTO #methodalgo #JTO Long position with light position, bull flag breakthrough + reverse head&shoulders neckline breakthrough, aggressive stop loss can be placed under the first white magnet, conservative placement under the second white magnet, the spot LOG chart seems to be ready for a breakthrough
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$FLOKI Long Trading Plan
#FLOKI #methodalgo
reason:
1. 4H RSI column white CycalWave callback
2. Two consecutive HLs are bullish
3. Ascending triangle
📝My trading plan:
Risk: 2%
📊Position: 0.02918
🎯TP1: 0.03137 (23.6%)
🎯TP2: 0.03274 (resistance level)
🎯TP3: 0.04020 (below the 4H red magnet)
🔴Stop loss: 0.02800 (below the 1H white magnet)
Stop loss is reached and the transaction is recorded as a loss
Stop-loss review: The 12-hour view shows that the backtest rebound after falling below the channel has a partial head-and-shoulders bottom pattern and is a red magnet. The best position to take the long position may be at 0.618.
#FLOKI #methodalgo
reason:
1. 4H RSI column white CycalWave callback
2. Two consecutive HLs are bullish
3. Ascending triangle
📝My trading plan:
Risk: 2%
📊Position: 0.02918
🎯TP1: 0.03137 (23.6%)
🎯TP2: 0.03274 (resistance level)
🎯TP3: 0.04020 (below the 4H red magnet)
🔴Stop loss: 0.02800 (below the 1H white magnet)
Stop loss is reached and the transaction is recorded as a loss
Stop-loss review: The 12-hour view shows that the backtest rebound after falling below the channel has a partial head-and-shoulders bottom pattern and is a red magnet. The best position to take the long position may be at 0.618.
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Some things new traders need to pay attention to
$BTC $ETH $BNB #methodalgo Asset allocation: The ratio of spot and contract is best controlled at 9:1, 8:2, 7:3. These ratios all depend on the individual. Trading plan: Plan your transaction, enter the market at the right position, and take reasonable profits and losses. The return ratio should be 2:1 or 3:1. Risk management: 2% risk means that the amount of this loss is 2% of the contract account. Mentality management: Don’t be too emotional every time you trade. If you lose money, don’t do revenge trading. If you lose three times in a row, take a rest for a day or two before opening a position.
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$AGLD AGLD goes long, falls back to support, oversold in 4 hours & 12 hours, sufficient liquidity above #AGLD #methodalgo
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