Let me explain my 24 ideas in plain language, learning them is like making money.
1. Don't use leverage excessively, spread your principal into 10 parts, and don't exceed 1 part for each trade.
2. Always set a stop-loss when opening a position; set a stop-loss 3-5 points away from the transaction price.
3. Don’t trade too frequently; spacing out trades will disrupt your funds and trading plan.
4. Move your stop-loss; once you've made over 3 points, adjust the stop-loss to protect your profits.
5. Always follow the trend; if you clearly see the trend, don’t buy, stay with the trend for stability.
6. Avoid opening positions when confused; if you don’t understand the market, don’t force it, wait for confirmation before trading.
7. Buy mainstream and popular cryptocurrencies; choose actively traded coins, and avoid obscure ones that lack movement.
8. Don’t put all your funds into one coin; diversify large funds into 2-3 coins, and stick to one coin for small funds.
9. Trade at market prices; don't set fixed prices to buy, be more flexible by following the market.
10. Let your profits soar; setting a trailing stop can protect your profits, don’t close positions too early.
11. Realize your profits; save the earned profit portion for critical moments.
12. Be cautious of staking and dividend trading; the temptation for dividends is strong, but don’t buy recklessly.
13. Don’t lower your average price; if you lose on a trade, don’t think about averaging down, this is a major taboo.
14. Choose the best entry points; don’t trade impatiently, only trade at key positions.
15. Don’t chase small profits at the risk of big losses; small gains aren’t worth the risk, don’t take small risks for minor rewards.
16. Don’t cancel your stop-loss; if you lose on a position, stick to the pre-set stop, maintain discipline.
17. Avoid trading all day; trading too frequently can lead to losses, leave enough time for review.
18. Make profits in both rising and falling markets; go long when prices rise and short when they fall, operate in accordance with the trend.
19. Don’t make decisions based on high or low prices; a low price isn’t always worth buying, and a high price isn’t always worth selling.
20. Adjust your position size based on timing; add to your position after breaking resistance and close it if it falls below support.
21. Choose coins based on market capitalization; small-cap coins are suitable for shorting, while large-cap coins are suitable for going long.
22. Hedge against losses; if the coin you bought drops, don’t sell others to cover it; accept the loss and exit.
23. Don’t switch directions without reason; don’t switch between long and short without signals, and don’t act recklessly without a signal.
24. Don’t let profits lead to arrogance; after consecutive wins, don’t increase your position size; treat every trade with equal importance. Trading is a long-term practice; if you want to make a living from trading, you must follow the rules and build your own trading system!
Learn new ideas, and don’t forget to follow! An old veteran who has been rooted in the crypto space for many years. #BTC再创新高
On May 22, 2010, a programmer bought two pizzas for 10,000 bitcoins, which is also known as (Bitcoin Pizza Day).
Today is also a crazy Thursday in the crypto world; could the surge in Bitcoin prices be related to this?
So, did everyone eat pizza today? Let's play a little superstition and eat pizza for good luck.
Wishing everyone smooth sailing every day and plenty of gains. Please follow and like; your support is the biggest motivation for me, thank you! #BTC再创新高
ETH is currently maintaining around $2600 after experiencing a series of market events, and its development is influenced by multiple factors.
From a technical perspective, although bullish signals are appearing, the risks cannot be ignored, and caution is needed regarding potential market volatility and the influence of major market participants' emotions.
The KDJ indicator is in the overbought zone, indicating a high risk of a pullback, but a golden cross phenomenon has also occurred, which may signal a short-term rebound opportunity.$ETH #比特币突破11万美元
As I expected, Bitcoin surged strongly to break new highs! It reached a maximum of 110830, but then the situation changed dramatically at midnight, and Bitcoin plummeted to 106100 before quickly rebounding.
From the market, it is evident that the main force is operating behind the scenes. Currently, there is no technical analysis to speak of, so it is advisable to focus on short positions and be cautious of the main force dumping, and be careful when chasing long positions.
Operation suggestion: Short near 110500-111000, target 108000-104000. Brothers, move your hands to make money, give a like and follow! $BTC #比特币突破11万美元
COOKIE continues to rise and breaks through $0.23, with a 24-hour increase of 41.38%
According to market information, COOKIE continues to rise and has broken through $0.23, currently quoted at $0.2313, with a 24-hour increase of 41.38%.
Yesterday's news, Cookie launched the first phase of InfoFi, including the alpha version of cookie.fun v1.0 and Cookie Snaps, used to analyze projects and KOLs in the crypto field, obtaining quality CT content rewards. In addition, Cookie will launch a decentralized, community-led reward pool. $COOKIE #比特币突破11万美元
TRUMP current price 14.55 to go long, stop loss set around 13.31 and take profit set around 16.83, looking at this trend it is expected to rise further, charge! $TRUMP #特朗普晚宴
Many people often say that their problem of "chasing highs and getting cut" is not about "chasing highs", but rather that you never have a fundamental logic to support your buying points. When you don't know why you're buying, of course you won't know when to sell.
To solve this problem, you don't need to become smarter; instead, you need a system, even the simplest one: don't chase when the rise is too fast, only enter after a consolidation breakout, set stop losses, set take profits, dare to exit, and dare to re-enter. $SXT #币安Alpha推出MERL交易竞赛 points of attention!
ETH was both obstructed and broke back down last night, causing many people to be unable to withstand the wash.
Currently, the 2490 area has completed the "support-resistance conversion"; if you have a long position, hold it as long as it doesn’t break this level.
As for those looking to short, before any variables appear, one can only attempt around the 2585 area. $ETH #特朗普晚宴
MUBARAK current price 0.061 go long, stop loss set around 0.053 take profit set around 0.071, wait to collect the profits, follow for further updates. $MUBARAK #特朗普晚宴