In contract trading, I have always advocated a simple "foolproof method". $PAXG
To be honest, many people lose money in contract trading not because they can't read the charts, but because they are too clever: obsessed with various indicators, frequent trading, and staying up late to watch the market, resulting in a blown mindset and no growth in their accounts.
However, those who can go far are often the ones who simplify their methods to the utmost. Now I will share my commonly used strategies with you:
First: Keep only one indicator
EMA21 and EMA55 are enough. The crossing of short-term and medium-term trends is the signal. Golden cross means bullish, death cross means bearish, no need for extra fancy stuff. #SurvivalRulesInCrypto
Second: Choose your entry position $我踏马来了
Only look at the four-hour level. When EMA21 crosses above EMA55, and the K line closes bullish, go long. Conversely, when EMA21 crosses below EMA55, and the K line closes bearish, go short. Do not touch the middle positions in a sideways market.
Third: Always set a stop loss
Place it at the high or low of the previous four-hour K line, with a single loss not exceeding 5% of the principal. Losses can be accepted, but holding onto a losing position must be refused.
Fourth: Roll over profits
Only put 10% of your funds into the first position, add after a 10% profit, and continue to add with further profits, always following the trend until EMA crosses again. This approach can preserve profits while maximizing trend capture.
In terms of mindset, remember a few key points: $BTC
Don't strive to win every trade; it's better to miss than to make a mistake.
Limit yourself to 1-3 trades a day, and don't disrupt your rhythm due to impatience.
Trust the system and stick to execution to achieve long-term compounding.
The so-called "foolproof method" doesn't mean not using your brain, but rather simplifying a complex market into a few rules that can be consistently followed. It is suitable for those who do not want to be enslaved by emotions and can keep their win rate stable at a high level.
I only share practical experiences that can help survive in the circle. The team still has a few spots left; brothers and sisters who want to learn the method and turn their fortunes around, come join us! @银满仓带单日记
To be honest, many people lose money in contract trading not because they can't read the charts, but because they are too clever: obsessed with various indicators, frequent trading, and staying up late to watch the market, resulting in a blown mindset and no growth in their accounts.
However, those who can go far are often the ones who simplify their methods to the utmost. Now I will share my commonly used strategies with you:
First: Keep only one indicator
EMA21 and EMA55 are enough. The crossing of short-term and medium-term trends is the signal. Golden cross means bullish, death cross means bearish, no need for extra fancy stuff. #SurvivalRulesInCrypto
Second: Choose your entry position $我踏马来了
Only look at the four-hour level. When EMA21 crosses above EMA55, and the K line closes bullish, go long. Conversely, when EMA21 crosses below EMA55, and the K line closes bearish, go short. Do not touch the middle positions in a sideways market.
Third: Always set a stop loss
Place it at the high or low of the previous four-hour K line, with a single loss not exceeding 5% of the principal. Losses can be accepted, but holding onto a losing position must be refused.
Fourth: Roll over profits
Only put 10% of your funds into the first position, add after a 10% profit, and continue to add with further profits, always following the trend until EMA crosses again. This approach can preserve profits while maximizing trend capture.
In terms of mindset, remember a few key points: $BTC
Don't strive to win every trade; it's better to miss than to make a mistake.
Limit yourself to 1-3 trades a day, and don't disrupt your rhythm due to impatience.
Trust the system and stick to execution to achieve long-term compounding.
The so-called "foolproof method" doesn't mean not using your brain, but rather simplifying a complex market into a few rules that can be consistently followed. It is suitable for those who do not want to be enslaved by emotions and can keep their win rate stable at a high level.
I only share practical experiences that can help survive in the circle. The team still has a few spots left; brothers and sisters who want to learn the method and turn their fortunes around, come join us! @银满仓带单日记
