BTC is about to rebound strongly and soar all the way. Let us wait and see whether the market can follow the uncle's thinking!

Look at the weekly chart. The candle chart has provided support for the red horizontal line of 26,600 and the EMA15 moving average. Friends who are short can open long orders at the current price. Friends who have long orders should hold on to them. We are all holding long positions now. Friends who are short should pay attention to safety.

Let’s look at the daily chart again. The author has turned off the moving average of the daily chart. We only look at the candle chart and the drawn lines. Now the candle chart of the daily chart is a "Morning Star", and the candle chart has also broken through the red horizontal line. The daily chart is also at a large level. The appearance of the Morning Star at the large level shows that the stop-loss signal is very strong.
Why did the author turn off the moving average? We will look at the weekly chart for future positions. The moving average of the daily chart is still a dead cross. If we look at the daily chart and the 4-hour chart, we will leave the market early. The target of BTC is 31,000. Everyone should hold the position well!
This wave of BTC wash-out was quite severe and tragic, washing out four or five hundred thousand people. There were large-scale liquidations for several consecutive days. Some people opened a heavy position as soon as they opened it, and some people continued to add to their positions and ended up with heavy positions.
There are many safe opportunities in the trading market, so why do you want to get rich overnight? Why do you always want to make a small fortune? Getting rich overnight and making a small fortune are both preceded by heavy positions, and heavy positions are followed by liquidation. Our trading philosophy is to create 5-30% returns every month. We should pursue stable profits, and stable profits are huge profits.
In the trading market, you need to have enough patience and endure. Institutions also outlast retail investors, and they win. If we want to do a good job in trading, we will also learn to endure. If you outlast others, you will survive and make money. The last one standing will be the winner. So how to endure? It's very simple. Learn to use a light position. Only with a light position can you endure and hold on. Even if the institution takes advantage of you, it won't hurt you. But friends with heavy positions will be wiped out by a single blow, or they will surrender and stop loss and leave the market.
People often ask me why I can do such a good job in trading. Here I would like to tell you that you should take good notes. Only by doing the following points, you will be able to make money very easily. The simple understanding is: light position, long term, large stop loss.
1. Unified leverage and positions, 100 times leverage and 1% position
2. 1-2% of the first order, 1% for aggressive orders, and 2% for conservative orders
3. It is strictly forbidden to open both long and short positions, and do not open hedging orders. Those who open hedging orders are stupid pigs who are trying to cover up their mistakes and deceive themselves and others.
4. Do not cover your position at will. I cover my position every 30-50, and only use 1% for covering. Pyramid-style covering is strictly prohibited, and the maximum position shall not exceed 5%.
5. Strictly stop loss. Stop loss is very important. There are two types. The first is that the direction is wrong, then you must stop loss completely and you can only cut your losses and leave the market. The second is that the direction is correct, but you have to accept a temporary correction. At this time, you can do position management to lower the average price, and then close part of the position later. Stopping part of the profit is also called stop loss.
6. Frequent operations are strictly prohibited. There are not so many safe trading opportunities. It is easy to lose money if you make too many unsafe trading opportunities. It is common for the author to hold orders for 2-5 days, and I operate at most 2 orders a week.
The above 6 points are particularly important. Write them down with a pen. This is the underlying logic of my uncle's trading for many years. It requires strict self-discipline. If you can't clean up your own house, how can you clean up the world? Only by managing yourself well can you manage your account well. Trading is a practice, and you need to cultivate your immature heart! #BTC
Investing is risky, please be cautious when entering the market!
This is just my personal opinion, not any investment advice!
The transaction is simple, as long as you can wait
Trading is difficult and no one wants to wait