白哥A

The essence of trading is: stop loss when wrong, hold when right, small losses and big gains, make big profits and losses. Specifically for each core link:
1. Follow the trend: find a simple moving average to distinguish between bullish and bearish; go long above, short below.

2. Test position: act in accordance with the trend, follow the big trend and counter the small trend, when entering the market consider a sufficiently large potential profit and loss ratio; if entering at this position, if wrong, the stop loss is small, but if right, the profit is large, usually at the trend bottom or trend early stage.

3. Test position stop loss: if the key point is broken, must stop loss, no luck involved. If the price comes back, can look for opportunities to enter again. Do not have a flukey mentality, thinking it might bounce back, and definitely do not average down losses.

4. Increase trend position: add to floating profit, adding is the core of making big money, after the price rises as expected and then retraces, add at the support level where it stops falling or breaks through the previous high-------- follow the big trend and counter the small trend.

5. Set stop loss for trend position: for newly added trend positions, move the stop loss to a new key point. The base position is already safe, only the added position's stop loss risk remains. If it fails, stop loss the added position, wait for the next opportunity. If it continues to rise, firmly hold the position, continue to wait for the retracement to add, continue to move the stop loss. Until the last move is stopped out or a head signal occurs to take profit.

6. Take profit: never easily take profit, this is the key to making big money, exiting can be in batches or all at once, preferably all at once, as it allows oneself to wait for the probability highest head signal. If it is a right-side trade, floating profit will definitely retrace, must accept it psychologically, do not think about selling at the highest point, or thinking that since the highest point was not sold, feeling the loss and wanting to wait for the highest point to sell again.
6. Support and resistance levels

Make a breakthrough!
1. A breakthrough refers to going long when the price breaks through resistance during an uptrend, or when it breaks through the previous high during a correction.
2. In a downtrend, go short when the price breaks through support; the larger the time frame, the more effective the support and resistance levels (Note: at least daily).
For example, this year Bitcoin broke through 12W.
There is a basic principle for making breakthroughs: treat all breakthroughs as genuine breakthroughs. Don't speculate on whether they are real or fake; treat all breakthroughs as real. After all the effort to wait for a breakthrough, if you still think whether this is a true breakthrough or a false one, constantly analyzing from various angles to avoid false breakthroughs, you will only make real breakthroughs without anyone having such capability.

The cryptocurrency market is still good; the traditional futures market might only have one big trend in a year. When a trend emerges, if you are still wondering whether it is real or not, by the time you figure it out, it's too late.
Only by treating all breakthroughs as genuine breakthroughs will you not miss any real breakout; the longer the market stays in a small price range, the stronger the trend after the breakthrough (the more chips change hands, the greater the upward momentum in the future).
Treating all breakthroughs as real breakthroughs comes at a cost; the cost is that you might face too many false breakthroughs leading to frequent stop-losses. But this is necessary and must be accepted. In any endeavor, if you want to gain, you must first consider the cost of giving.
If you always want to avoid false breakthroughs and think about not wanting to incur the cost of a false stop-loss, then you will pay a bigger price: missing out on major trends.
Surely someone will ask, what about volatile markets?
After a trend begins, whether it will trend or be volatile is unknown until it unfolds; we can only look back afterward and see if it was a trend or a range. Therefore, every time a K line stands above MA20, or breaks through previous high points of K lines, or breaks through the resistance formed by previous K line consolidations, we treat it as an upward trend. The same applies to downward trends.
We treat all trends as if they can trend, meaning you must always have a trend trading mindset. Only then can you make big money when the trend arrives. If you are always thinking about buying high and selling low, which is a range-trading mindset, when a trending market comes, you will either miss it or keep holding onto losing positions.

Tonight at 10 PM, Old Bao will speak. Note, the news hasn't landed yet, it is recommended to stay out of the market and observe.

Short 10% of the capital at 118500 for Bitcoin, continuously rising to around 119200 with the same amount of coins, increasing positions to raise the average price! Note that the liquidation price must be high! This operation involves two resistance levels, Bitcoin has been fluctuating between 115000 and 119400, just hold on!

The second concubine is really crazy, just like the big pancake from a few years ago, no one knows where the top is. A few days ago, someone was shouting that the concubine really wants to go to 3500, and these past two days they are shouting that it really wants to go to 4000. Everyone has already broken new highs, and when the new high is broken, you haven't entered yet, still analyzing whether it is a false breakout. By the time you analyze clearly, the moment has already passed. We should treat every breakout as a true breakout so we won't miss out on major trends. Of course, treating it as a true breakout requires investment. As I mentioned, we should open positions with 1/2/1 strategy with 5% of our capital. If the direction is correct, we increase our position by 10%. If it is a false breakout, we can lose 5%. If it is a true breakout, we move our stop loss and don't go all in. For example: open a position of 200 with 10x leverage from 10,000, in a gradual position mode, add 400 if the direction is correct, and increase by 200 to gradually enlarge the base position. This way, we won't face liquidation or being stuck. If the direction is wrong, stop loss in time; don’t wait for a retracement to stop loss. Losing what we can accept is fine, on the contrary, once it is a true breakout, we will ride a big wave of trends #以太坊突破3700 .