Let me talk about a part of my rules: - Allow myself not to stare at the chain and not to look at anything related to cryptocurrency while working/enjoying life. - But I do not allow myself to miss out on golden opportunities in my trading system because of laziness/distraction while monitoring the chain. - After missing the bottom price of golden opportunities, do not chase high prices, always aim for small investments with big returns.
1/ You can review my Twitter; I rarely post about coins during weekdays, basically not trading coins.
2/ You can see on the weekends, when I am at the computer, I generally do not miss out on the coins in my trading system. I have seen some coins fly, but those are really out of my trading range, whatever.
3/ Look at the coins I have posted, which ones are at a high position? I simply do not look at the high ones, really.
Regarding the narrative: 1. There is no universal methodology that directly applies; it’s all half-framework, half-feeling.
2. You can review the trades I posted this weekend and see how I analyzed each one. I did not post something because it was too fast; I first analyze it in my mind, and once I decide to go in, I post it.
How to practice?
1. Sweep more on your own, keep your computer running the chain panel, click on each one! Then analyze! Whether you buy or not. (Parameters are shown after image 2)
2. You must think for yourself, use your brain, review, gradually form your own hitting points. (Sometimes, trades without narratives can also fly, that’s okay; just because something flies doesn’t mean it’s right, and a rug pull doesn’t necessarily mean you judged it wrong.)
Once you form your own system, you will realize that the hardest part of trading is actually controlling your emotions. Only emotions can lead you to large drawdowns.
Control your position, aim for small investments with big returns, small losses with big gains.
- Weekend PNL - Money Never Sleeps
I use the chain scanning tool: https://axiom.trade/@waiting