There are two main reasons why I haven’t published any articles recently:

1. Really good content output often requires searching a large amount of information and data, and then writing it out after several days of analysis. Basically, the output of investment research articles once a week or twice a month is relatively high. If a KOL you know outputs one article a day, then you need to carefully identify whether there is a lot of junk content in it.

2. I have made money from trading recently and I don’t have time to write. Let’s get back to the topic. Today I will write an article about my trading experience as a veteran in the currency circle. I hope it will be useful to you.

(My trading experience is a collection of masters, including but not limited to Ban Muxia, Bit King, Master Li, Ouyang Yanbai, Fei Zhai Bitcoin, etc. It is equivalent to entering the circle at the same time as them, and constantly absorbing their trading strategies to improve self-strategy)

The core of trading is to learn to set a stop loss. It is not scary to make a mistake, but the scary thing is to carry the order until it reaches zero.

The essence of trading: stop loss if you are wrong, hold on if you are right, make big profits with small losses, make big profits and losses, down to every core link

Follow the trend: Find a moving average to simply divide the long and short positions, only go long above it, and only go 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. That is to say, 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: Do not take profit easily at any time. This is the key to making big money. Entry can be done 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.

Regarding the K-line: Here I want to answer many fans who asked me how to read the K-line and whether there are any books. I think you don’t need to learn too many professional things for currency trading, unless you are a full-time trader.

Here I recommend two simple indicators, a MA moving average and a BOLL Bollinger Band. If you are doing intraday trading, try to refer to the 15-minute, 30-minute, 1-hour, and 4-hour MA moving averages and BOLL Bollinger Bands.

Which one to look at specifically? You can look at each one and then analyze which line has more recent pressure or support levels, indicating that it has greater reference value in the short term. For the mid-to-long term, I suggest you refer directly to the weekly K of the Bollinger Band of BOLL. When I do trading, I basically buy bottoms when it is close to the lower track of the weekly K, and reduce positions when it is close to the upper track of the weekly K. Basically, the positions are wavered twice a year. Pure spot income can almost double 1-3 times. (This is my main plan for making money in trading over the years)

Regarding the allocation of positions: If the spot encounters a good point, for example, Bitcoin suddenly falls below the previous low of 15,000, I think it is possible to borrow money to buy the bottom, but this needs to be based on ensuring your own life and the ability to each Borrow money on the premise of repaying the loan every month, be sure not to affect your normal life, and be able to sustain it for 6-18 months.

For contracts, never, never borrow money to gamble. You can only gamble with your own savings and money you can afford to lose, and account for 5-10% of the total position, with a leverage of 2-5 times, unless you are sure. It's very large, otherwise don't exceed five times the leverage.

If you want to stop loss on spot, it depends on the situation. The stop loss of the contract must be set together when opening an order, and it must be set.

If you think it is helpful to you, you can follow and like it. Your support is my motivation for updating.

If you have any questions about trading, or if you want help analyzing a currency, you can leave a message in the comment area.