The root of all human misfortune is lack of courage. Because there are too many things to fear, there are too many things that cannot be let go, and I cannot pursue what I want regardless of everything. The difference between ordinary people and experts is that ordinary people are always struggling with doubts, afraid of failure, afraid of losing, worried about gains and losses, and dare not try. Masters only ask their own hearts, do I want it? Do I feel it? Am I not moved? Experts do not judge based on knowledge and experience. Experts only follow their own inner voice. Experts are willing to try and experience. While ordinary people talk a lot of nonsense and are still hesitant to wait and see, masters have experienced it, grown up, and made money. Therefore, opportunities are always reserved for those who are foresighted and brave enough to try. Never be afraid of embarrassment. Life is about losing face in one place and gaining face in another. Before success, we call it skin, and after success, we call it face. Never be afraid of losing. Even if you fail, just start over! No one can leave this world alive anyway. What are you afraid of? (Transfer) #BTC #sats
Trading is not done every day, and may not even be done for a long time, but analysis needs to be done every day. Three days is a lot if you don’t talk about it. Let’s talk about the market. Let’s talk about the market. After talking about it, you will talk about it, and you will talk nonsense. Go ahead. Go short. I think I still want to be more open-minded and content with what I have. 95% of the people in the market have already lost their money. You will still be able to make money back and start making money, which is more than 95% of people. As long as you live, the market will always be there and will give you the opportunity to make money. , but if you lose it, you will have no chance at all. If you always care about how much others earn and then look at yourself, you will easily become unbalanced. Just compare yourself with yourself, there is no need to compare with others, there will always be someone better than you. The most interesting thing about the trading market is that when buying lottery tickets, even though the probability is so small, everyone thinks they will win; when running a red light, even though the probability is also very small, they think it is not them who got hit. Keeping cash out is my solution to this paradox. #sats #BRC20
I have 3000u, is it reliable to earn 100u every day? I thought the same way when I had 2 million. At that time, the return rate of Yu’e Bao was relatively high. If I put 2 million into Yu’e Bao, I could earn 100,000 in a year. This idea of mine is stupid enough. Okay, I didn’t expect there to be something even more stupid. There are huge market risks in the financial market, especially in the B circle. The moment you enter, you are taking on all kinds of risks. If you don’t think about excess expected profits, you should exit instead of thinking about making a little every day. This is better than going to work. too much. Circle B is for gambling big money, not for making some pocket money every day. The one that makes steady money every day is Yu'e Bao. The idea of making small money will be discarded sooner or later, because you have paid a lot of money to make a small amount of money. The risk is that you may lose money at any time, and the profit-loss ratio is seriously unreasonable. #BTC #ARB
Many people can't make big money in Circle B because they were bold in Circle B at first, and then they started to lose money, and the losses became more and more timid. Then it's basically hopeless. Let alone making big money, even if you want to make money. It's hard.
Of course, courage is not necessarily a good thing. Profit and loss come from the same source. If you are bold + good luck, you will go to heaven. If you are bold + bad luck, you will jump off the building.
You must understand that controlling the retracement is the prerequisite for compound interest, and no big mistakes can be made#ARB #BTC
When doing anything, you must first realize that I am just an ordinary person, an ordinary person who cannot be more ordinary. Ordinary people are not much more capable than others. Ordinary people cannot create the times. If they can keep up with the tail of the times, they are already among the best. Looking back on the past few decades in China, there have been countless opportunities, market reforms, real estate, the Internet, self-media, mobile Internet, e-commerce... Even if you seize one, it is enough to change the class. Only where most people can make money, and only when most people can make money, can I have a high probability of making money. If most people can't make money, why can you make money? The vigorous bull market in the past two years , there are countless opportunities for you to make money in a bear market without making any money. Everyone is losing money in a bear market, so why can you make money? The most important thing to do in a bear market is to stay on the sidelines and hold on to cash. You only need two bull markets in life, and you only need to get rich once in life.
Many people like to play copycats, and they can easily get tens of times or dozens of times. But think about it, you have been in this market for so many years, how many people have you seen who got rich by playing copycats? You seize the ten times of two copycats. There are also 100 times, and the principal of 10W is also 1000W. I have not seen many. Old Leeks are afraid of losing money, so they won’t touch it. There are indeed some copycats that have increased dozens of times, but this way of making money is more like buying lottery tickets. You will spend 2 yuan to buy lottery tickets, but you will not spend 20,000 yuan. Go buy it. After you have made a lot of profits, you can use a small amount of money, such as one-tenth, to play copycats. The pace of the B circle is so fast, the fluctuations in the past two years have been so great, and the market has been so good this year. If you make 5 times in one year, it will be 25 in two years. 99% of the people in this circle are losing money, and only a few people are making 10 times. , let alone 25 times; this year is almost over, how many times have you made? Think clearly about how you lost money and how you made money. Try to avoid losing money in the future, and think more about it when you win money. Why do you make a profit? Just repeat it next time. Don't rely on luck to make money. #btc
List of books recommended by Mr. Tony (full version) 1. A Dream in Ten Years 2. Memoirs of a Great Stock Operator 3. Record of a Great Futures Operator 4. Futures Trading Strategy 5. Poor Charlie’s Book 6. Antifragile 7. Black Swan 8. Poor Dad, Rich Dad 9. Li Xiaolai’s book 10. Random Walking Fool 11. Trading for a living 12. Financial geek 13. The courage to be hated Adler’s philosophy class 14. The law of blood rewards 15. Hidden rules 16. Business Jun Shu 17. Underlying Logic: Seeing the Trump Cards of the World 18. The Worth of the World 19. Big Country, Big City: Unity, Development and Balance in Contemporary China 20. My Second Student 21. Staying Inside: Chinese Government and Economic Development 22. Stanford University Life Design Course 23. The power of goals 24. Self-control 25. The most important thing, there is only one thing 26. The Prince 27. Capital 28. Adam Theory #BTC #ETH
Summary of the trading system: The essence of trading is: stop the loss if it is wrong, hold it if it is right, make a small loss and make a big profit, and make a big profit and loss. Specific to each core link: follow the trend: find a moving average to simply divide long and short, only do long above it, and only short below it. Open a position and test a position: go with the trend, go with the big trend and go against the small trend. When entering the market, you must consider the potential profit and loss ratio that is large enough. If you enter the market at this position, if you are wrong, the stop loss will be small, but if you are right, the profit will be huge. , generally the bottom of the trend or the early stage of the trend. Open a position and stop the loss: if the key point is broken, the loss must be stopped and nothing can be left to chance. If the price goes back up again, you can look for another opportunity to enter the market. Don't take chances and think that you may be able to fight back if you resist, let alone spread the losses. Adding a position: Adding a position with floating profit. Adding a position is the core of making big money. The price rises as expected and then pulls back. It adds a position at the support level before the pullback or breaks through, following the general trend and going against the small trend. After adding a position, move the stop loss point to a new key point. The bottom position is already safe, leaving only the stop-loss risk of the additional position. If it fails, stop the loss and increase the position and wait for the next opportunity. If it continues to rise, hold the position firmly, continue to wait for the pullback to increase the position, and continue to move the stop loss. Take profit until the last move is stopped or a head signal appears. Take profit: Don't take profit easily at any time. This is the key to making big money. The exit can be in batches or one-time, preferably one-time, because you can ask yourself to wait for the head signal with the highest probability. If the trade is on the right side, the floating profit will definitely retrace, and you must accept it in your heart. Don't think about selling at the highest point, or think about not selling at the highest point, and wait for the highest point before selling if you feel you have lost money. As long as you can master and follow these principles in practice and maintain discipline and consistency, you will find that making money comes naturally. #BTC #ETH
This market is the most suitable for harvesting, because it is human nature to get something for nothing. Any harvesting method that requires pain to achieve harvest is difficult to harvest. Telling others what points are far behind, and telling others to read a book are too lazy to pay attention. you. If you get something for nothing, you deserve it after all the losses. 100 million is difficult, but 1KW is really not difficult. All you need is an awesome self + tens of thousands of principal + seizing a few big opportunities. Many people fail because they are too good at themselves, have too little experience, think too little, and read too little. In the end, no money was made and the principal was lost. If you are not in the air, is it really your fault that you are in the air? The key is that when you don’t go empty, you don’t make any money, right? Just because it feels better to attribute the reasons to the outside world than to attribute them to yourself. If you miss it this time, there will be another time. There are great opportunities in the currency circle every month, every quarter and every year. The opportunities are always there, but you lack the awesome self. If you look back, there are at least two waves of big opportunities every year. Needless to say, there were too many opportunities in 2018. The four-fold increase in 19 and the old shout-out, the 312 in 20 and the 200% increase some time ago; so Many opportunities, you still have at least 10 years of golden period in your life (men become impotent after 35, and impotent men generally have no motivation to do anything). There are dozens of opportunities, but you only need to seize them twice. From tens of thousands to tens of millions. But many people didn't miss it but didn't make money either. Ultimately, it was because they couldn't seize the opportunity when they were not good enough. Not only did they fail to seize it, they also lost money. I personally think that it is better to pay more attention to your own learning and growth, so that when the next opportunity comes, you will not let it down. This is the main thing to do now. #BTC #ETH
If you want to become a trader who can make stable profits, you need to go through the following 5 stages: 1. Don’t know that trading is a professional and difficult thing. This is the first stage when you start to engage in trading. Because you heard others say that you can make a lot of money by speculating in coins or you saw someone else making a lot of money by speculating in coins, you got involved. Many people entered the currency circle because of this. Maybe it was a bull market when I first entered this market, or maybe I got lucky and discovered that it is easy to make money by trading, and it is quite profitable to trade in and out every day. But once the bear market comes and you have bad luck and you lose money, you start to try to double down. Sometimes you win back, but more often you find that you lose more. Or maybe someone tells you to stick with it and invest in value, but in the end you find that only one-tenth of your principal is left. 2. Begin to realize that making money through trading requires professional knowledge and skills and cannot be reckless. Since you lost a lot of money before, you realize after reflection that trading is a professional matter and cannot be done recklessly. Then: 1. You start to read a bunch of professional trading books, or search everywhere on the Internet for things you find useful. 2. You start to learn various indicators and techniques, such as waves, winding theory, etc. 3. You start to look for various so-called gods in TradingView, Weibo, QQ groups, and WeChat groups. You want to listen to their market analysis/trading opinions, and hope to learn from them how to make profitable transactions. 4. You start to consider other people's "order calls", or buy some so-called trading indicators from masters. In the end, you find that these don't actually work for you, and you still don't make any money. 5. You start to go to some masters and learn from their courses how to make profits in trading. During these processes, you will still suffer losses many times, liquidate your positions many times, and despair many times, but if you do not give up, you will slowly begin to realize the essence of trading, and at a certain moment you will suddenly enter the third level. stage. #BTC #ETH
Set take profit and stop loss: Take profit and stop loss can be said to be the key to determining whether you can make a profit. In several transactions, we must ensure that the total profit is greater than the total loss. It is actually not difficult to achieve this, just do the following: ① Each stop loss ≤ 5% of the total funds; ② Each profit > 5% of the total funds; ③ The total trading winning rate > 50% to meet the above requirements (The profit-loss ratio is greater than 1 and the winning rate is greater than 50%), you can achieve profit. Of course, you can also have a high profit-loss ratio and a low winning rate, or a low profit-loss ratio and a high winning rate. Anyway, as long as the total profit is guaranteed to be positive, the total profit = initial principal × (average profit × winning rate - average loss × losing rate). In Bit King's trading system, it is expected that there will be a 30% fluctuation before taking action. Therefore, Bit King's profit-loss ratio will be very high. This is one of the fundamental reasons for Bit King's extraordinary profits. However, in actual combat, many people tend to give up when profits are good, and hold on to losses when losses occur. They know that this is wrong, but they just can't control it. This is the weakness of human nature. Greed and fear need to be controlled through money management. #BTC #etf
Many people are talking about various indicators. Can indicators predict future trends? What indicators should we learn?
Indicators do not predict future trends. Indicators are based on a series of calculations on prices. The price comes first, and then the indicator.
for example: Take the moving average indicator as an example. It does not mean that if the K line breaks through MA20 upwards, it will definitely rise. This is not how the indicator is used. For example, when it is oscillating, you will find that the moving average is not easy to use. The K line is always going up and down above the moving average. Down.
The correct way to use this indicator is to use this indicator as a rule for opening and closing positions. If it is right, hold it. If it is wrong, stop the loss. Force yourself to implement the rules. As long as you manage your funds well, when you encounter a trend, you can take advantage of it. To the big market. #BTC #etf
With the correct attitude of Xiaoboda: 1. The b-circle rises and falls at the same time. The rise in the bull market does not need value support, only a reason for the rise; 2. Don’t talk about faith with the copycats, cut the flesh when it is necessary; 3. Time is BTC friends, but enemies of altcoins; 4. The value of altcoins is based on continuous innovation. Once innovation stagnates, the value will collapse. The value of BTC is based on its immutability. Being trapped by BTC will definitely be unraveled one day, but Mountain fortress is not necessarily; 5. The only ones suitable for left-hand trading are BTC and ETH, and the biggest risk for copycats is to return to zero; 6. At the beginning of a bull market, it is only healthy for BTC to stand out, so first build a position in Ether, Don't go short when it goes up, don't be afraid of being trapped when it goes down; 7. Copycats have no defensive ability; 8. Don't add positions when it goes up, position management is very important - test with light positions, and add positions significantly after the rise, you won't lose money by playing this way It’s all difficult; 9. The position of Bit and Ether cannot be less than half; 10. When playing copycats, you must take the initiative to short and sell short; 11. If you fall in one place, get up in another place - lose money here, make money in another place Come back; 12. The biggest cost after being trapped is the opportunity cost; 13. The core of playing copycat is to be able to sell; 14. Only eat three-thirds full, fish heads and tails are not so delicious, leave them to the dealer, and have to wait for the leader. After running out, eat the fish maw with high certainty; 15. When playing copycats, you must be light on your position. Heavy positions will ruin your mentality, your mentality will ruin your operations, and arrogant operations will lead to loss of money. #BTC #ETH
Trading is just gambling, there is no technology. The poor play with skills, while the rich play with courage. If you want to change your situation, what you need to learn is not technology, but having a rich heart. Trading is gambling. If you have some skills, you can find a favorable position to enter in the constantly fluctuating market. If you are wrong, you will close the position. If you are right, you will set a range and keep increasing the amount. Add to death, and use the opening price as the closing price. , although you will be liquidated nine times out of ten, and most of the time you will get nothing, but as long as you get two big waves of extreme market conditions right in one year, it will be enough for you not to open an order for three years. All you have to do is wait patiently, put yourself on the right side before the big market starts, and continue to add more and hold patiently after it starts. The reason why most people can't make money is because they keep jumping in and out of the market to take advantage of shortfalls. They are unwilling to wait and hold patiently. They don't dare to win, they are not greedy enough, and they don't dare to make money to death. The goal of trading is to catch a big wave of extreme market conditions, and test the market at other times. When the big market does not come, you just need to ensure that your funds do not suffer too much loss. As for whether you make money or not, it doesn't matter at all. All short-term trading All shocks and small trends should be abandoned at the original price. If you want to make a profit, make a big profit. Open the K-line chart and look at the market conditions over the past year from the daily and weekly levels. There have been at least three or four extreme waves of continuous surges and plummets. Any wave of the market will be enough to make you leapfrog a class as long as you are greedy enough. If you have been By jumping in and out to hunt for the bottom and the top, all you get in return is handling fees to the exchange and money to Gouzhuang. Futures are for betting big money, not for making some pocket money every day. The one that makes stable money every day is Yu'e Bao. The idea of making small money will die sooner or later, because you have to pay a lot of market risk to make a small amount of money. And you can lose money at any time. As long as you let go of your hands and feet, be bold, and seize the super extreme market, a wave of big market is enough to change your class. Such an idea is speculation. Thinking about making stable money every day is part-time work. This is how the great futures experts changed their destiny, including our ancestor Livermore, the cotton king Lin Guangmao, and the farmer futures expert Fu Haitang.If you want to start with small capital, this is almost the only way, the only way. Poor people play with skills, while rich people play with friends. If you want to change your situation, what you need to learn is not technology, but having a rich heart. Someone will definitely say: It’s easy to say, can you do it? No one can do it 100%, otherwise he will become the richest man, but I can do the core 30%50%, which is enough to make me change from an ordinary person. The diaosi counterattack. There are no easy ways to make money in the world, so why don’t you just do it? It’s easiest to beg for food from a bowl. I don’t think it’s necessary to get a cheap deal and be obedient. If you don’t want to watch it, you can just ignore it. There’s no need to waste time arguing with each other. . There are many people making big money in the currency circle. I have always thought that I am just an ordinary person, but there are not many people who are willing to share their futures concepts and operating methods. After all, they are just people who eat. Trolls like this will only make more and more people choose to shut down. Mouth no longer shares, for example, Teacher Ouyang rarely speaks anymore. #BTC #ETH
Open the weekly chart and take a look at the market trends of the past few years. As long as you are greedy enough, you won’t have to worry about money for the rest of your life. Don’t tell me that you were wrong in all those markets. Then you can Better get out. Don't talk about technology or strategy, you have no chance of making money, because you are not greedy enough, you dare not gamble, you just stare at the small profit and be happy. Futures are for betting big money. Instead of making a steady amount of pocket money every day, the idea of making small money will die sooner or later. As long as you let go of your hands and feet, and with the cooperation of certain general circumstances, you can seize the super big market and make big money, a wave of market can be enough to change the destiny of several generations of your family. My goal every year is to catch a big market trend, and test the market at other times. When the big market does not come, I just need to ensure that my funds do not suffer too much loss. As for whether I make money or not, it doesn’t matter. Make big money. Can earning 100 yuan a day fundamentally change your life? And you have taken a lot of risks to earn 100 yuan, and you may lose 100 yuan back at any time. But I can lose money every day for several months in a row, and I don’t have to even have hundreds of thousands of floating profits, but when I want to make money, I can make millions. ——This kind of thinking is speculation. Thinking about making a few hundred steadily every day is a migrant worker. The only difference between the rich and the poor is that the rich only make big money and they completely ignore small money, while the poor only seek stability to make small gains and waste big opportunities. If you want to change your situation, what you need to learn is not technology, but having a rich heart. The poor play with skill, the rich play with courage. #BTC #ETH
#BTC #BTC It is said that compound interest is the eighth wonder of the world. For example, it seems very simple to make money by speculating on currencies. If you have a principal of 1 million, you will get double the income every year. This income is theoretically extremely simple. After all, there are not many in the currency circle every year. Ten times the income is always looked down upon. 100W, 200W, 400W, 800W, 1600W... There will be 1600W in four years. But this is just a theoretical result of mathematics, and it is not easy to do in practice. So what is interrupting your compound interest? It's a big mistake. Being short is not a big mistake, and it is not a big mistake as long as you stop the loss if you make a mistake. It is only a big mistake to carry the order with high leverage and eventually liquidate the position. No matter how many times you have done it right before, as long as you make a big mistake, the previous If both are 0, compound interest will be stopped. This is why so many people have not made any money or even suffered huge losses even if they have not gone short in the past few years. In the 10 big market trends, even if you were short 5 times and made 2 mistakes but stopped the loss, and only caught 3 times, you would still have gained ten times or dozens of times. The reason why many people can't do it is because they made mistakes. Big mistake, where losses and gains cannot accumulate compound interest. What's the use of doubling your profits this time, only to lose half again when the market crashes? In the eyes of many users, the big V group seems to always be bad. If they either miss the mark or make mistakes, they will be laughed at. However, the core skills of many big Vs are to prevent themselves from making big mistakes. It doesn’t matter if they miss the mark and stop losses. , but as long as you don’t make big mistakes, compound interest can continue, and you will make a lot of money sooner or later. For example, Buffett's annual income is not very high. Although he will make wrong decisions and buy the wrong company, buying the wrong IBM airline stocks, these are small mistakes. He never makes big mistakes, which allows him to compound interest and become successful in the investment market for decades. He became the world's richest man, and the grass on the graves of those fund managers who laughed at him during his temporary glory did not know how many meters high he was. #BTC #ETH #etf
Some people have been discussing the issue of rolling positions in the comment area. This is called adding positions with floating profits, testing positions, adding positions, adding positions... Livermore is my favorite, but his leverage is very high; almost all trading books will introduce this. You can understand this operation method by reading a few books. If you don't know, you probably haven't even read this book. However, there will be no detailed operations in the book. The specific operations are more related to experience and are difficult to quantify. It can be seen that the word roll position is not new. It has become more popular recently, maybe because of me, it became popular in the B circle. Some people use this to scold me, which is very harmful. I can only say that this is a normal trading operation method. There is nothing special about it, and I did not invent it. Moreover, the risk lies in the leverage, never in the technique. Although the risk of rolling a position can be reduced and the leverage can be reduced, most of the rolling positions are eliminated at the original price. Because the market is mostly volatile, most people cannot accept the situation of being out without profit nine times out of ten operations. My choice is not to roll out easily to solve the problem of always being eliminated at the original price. However, if I don’t roll out easily, I will be short of the possible big market. But I think it is much better to be short than to gain and lose again, and it is not necessary. No matter how many times you succeed, you only need to succeed four times in your life. In fact, I have only done it twice and I am always looking forward to catching it next time. So, if you really want to learn this, you might as well learn to be patient first. Before learning to roll, you must first learn not to roll. Rolling means not rolling, and not rolling means rolling, so why bother always insisting on whether to roll or not to roll. #MasterTonyQuotes#
Fund management, four major principles: 1. You must set a stop loss after opening an order, you must set a stop loss, you must develop a habit, you must set a stop loss when opening an order, you must not think that you are hedging or have any luck. If you are still trapped or your position is liquidated, it will happen sooner or later. 2. The stop loss amount for each trial position shall not exceed 2% of the total amount (it depends on your own risk tolerance. I recommend setting it at 1% at the beginning. If you can make stable profits, you can set it to any amount. At your own risk). 3. Strictly stop loss, if the total capital loss is 30%, close the position immediately and exit unconditionally. 4. If you forget to stop loss, you must close the position immediately after discovering it. You must not expect to close the position after a rebound or think about adding positions to spread the loss. Almost all the big guys died in this regard. You can carry it 10 times, but if you fail to carry it once, the previous 9 times will be reset to zero. 5. Initial learning. It is not recommended to increase positions. Just open a fixed position each time. #MastertonyQuotations#BTC #ETH
There is no risk in the concept of rolling positions. Not only is there no risk, but it is also one of the most correct ideas for doing futures. What is risky is leverage. You can roll with 10 times leverage, as well as 1 times. I usually use two or three times to catch Wouldn’t it be the same to get dozens of times the benefits from staying twice? If it doesn't work, you can use 0. How many times does this have to do with rolling positions? This is obviously a matter of your own leverage choice. I have never said that you should operate with high leverage. And I have always emphasized that you only invest one-fifth of your own money in circle B, and only invest one-tenth of your money in spot money to play futures. At this time, futures funds only account for 2% of your total funds. You can just use your funds to play games or go to Dabao Construction. At the same time, futures only use two or three times leverage, and you only play BTC, which can be said to reduce the risk to an extremely low level. Will you feel bad if 2W of 100W is gone? It’s no fun to always be on the leverage. Some people have always said that rolling positions is risky and that making money means good luck. I’m not saying this to convince you. I just hope that people with the same trading philosophy can play together. It’s just that there is currently no screening mechanism, and there are always harsh sounds that interfere with the recognition of people who want to watch. #BTC #ETH #etf
Rolling a position sounds scary. In fact, it is much better to put it another way: adding a position with floating profits. Adding a position with floating profits is just a common technique in futures trading. You don’t need to maintain 5 to 10 times leverage, only two or three times. What you need is to add floating profits and keep the total position at two or three times. It is relatively safe to play with Bitcoin. There are only three situations where it is suitable to roll the position: 1. The direction to choose after the long-term sideways volatility reaches a new low 2. Buy the bottom after a big rise in the bull market 3. Break through the major resistance/support levels at the weekly level. Only in these three cases will the chance of winning be greater, and all other opportunities will be Should give up. (Tip: Only use money that you don’t care about to play futures.) Fat House’s point of view: Give a definition of rolling positions: In the trend market, after using leverage to make a large profit, the overall leverage passively decreases, in order to achieve the effect of compound interest profits , increase trend positions at the right time. This process of increasing a position is called position rolling. In the definition of "appropriate time", Fatty believes that there are two main types: 1. Adding positions when the market converges and breaks through in the trend, and after the breakthrough, the main rise is taken and the part of the added position is quickly reduced. 2. Increase trend positions during the pullback market in the trend, such as buying in batches when the moving average pulls back. #法师record#BTC #ETH