How to make the first million in 1000U?
The dumbest way!
It turns out that it is so easy to make money by trading, just these three steps!
Master it and easily increase your account by 10 times! Without further ado, let's get straight to the point
Step 1: Look at the trend first
Step 2: Find the key position
Step 3: Find the entry signal
Enter the market, make a profit, close the position, and leave
Isn't it very simple?
Let's talk about it in more detail below
Step 1: Look at the trend first
The state of a market
There are only three results for a big market: rising, sideways, and falling
What is a big market? Look at a periodic chart of more than 4 hours
For example, 4 hours, daily lines, and weekly lines (my personal habit is to look at 4 hours) If it rises, go long,
If it falls, go short, and if it goes sideways, don't make a single order
Step 2: Find the key position
Whether the market is rising or falling,
It will jump from bottom to top or from top to bottom one level at a time like a bouncing ball, and what we have to do is to enter the market at the position where it jumps, and
Exit the market at the next landing point. How to find the precise step becomes the key, which is what we call the key position (the main support and pressure position 9)
Step 3: Find the signal
Generally, if you find the market in a large cycle
You need to find trading signals in the short cycle to enter the market. Everyone is good at different tactics.
You only need to be proficient in one or two.
What is more important is to quickly formulate a trading strategy.
A complete trading strategy includes
(1) Target - what to trade;
(2) Position - how much position to hold;
(3) Direction - long or short;
(4) Entry point - at what point to trade
(5) Stop loss - when to exit a losing trade;
(6) Take profit - when to exit a profitable trade
(7) Countermeasures - how to deal with emergencies;
(8) Backhand - what to do after the transaction is completed.
The famous TLS technical analysis method,
Trend + key position + signal = successful transaction.
Before placing an order, follow the process to formulate a strategy.
I believe you will not lose too much. Form good habits. Over time,
you will find the shortcomings in your trading process. Try to change it, and you will succeed!
#TON #btc#eth Free sharing of various wealth codes. The bull market has arrived. Don't let yourself be just a spectator!