$BTC
(2): Right-side trading method
Entering the market after the price trend is formed, for example, in a downward price trend, opening a position to buy after the upward trend has come out is called right-side trading
I am not suitable for right-side trading, so I will not introduce it here. For details, please refer to the document
Trend trading method
https://h5.clewm.net/?url=qr61.cn%2Fo4lCIT%2Fq0XodPe
Document password: bishenshequ
4: Stop-profit and stop-loss issues
Strictly set stop-profit and stop-loss. In judging the trend, the profit and loss ratio of stop-profit and stop-loss should be at least 1:1. Once it is judged that the stop loss is greater than the profit, directly abandon this transaction and wait for a new market to appear. 5: Strategies strictly followed in actual combat (1): Strictly follow the plan for left-side trading.
Judge by the trend line drawn at the weekly level, and then go to the 1-hour level. Once the 1-hour level K line touches the trend line of the weekly line, open an order immediately,
It will definitely make a profit. Then judge the strength based on the callback amplitude. Once the trend line breaks and the loss occurs, open a reverse order decisively.
Judge by the trend line drawn at the daily level, and then go to the 5-minute level. Once the 5-minute level K line touches the trend line of the daily line, open an order immediately,
It will definitely make a profit. Then judge the strength based on the callback amplitude.
If the top double cross appears at the daily or weekly level, feel free to short, and if the bottom double cross appears at the daily or weekly level, feel free to go long.
RSI and MACD simultaneously show top and bottom divergence with the K line, and when it is at the support or resistance level, feel free to go long or short.
Fibonacci is used to determine the 0.618 position, which can be used to predict the high point and the callback, and only look at the 0.618 position.
If you are analyzing a small cycle chart like 1 minute or 5 minutes, you cannot judge the direction of the large cycle when using the small cycle chart. The stop profit position of the small cycle chart cannot be set too high,
quit when you see the profit. Do not trade on Saturdays and Sundays. Although there are market conditions on Saturdays and Sundays, there is no big market, and foreign countries are almost not working, so do not trade on Saturdays and Sundays.
Note: Intraday trading generally has small fluctuations. Half of the market fluctuations between 10:00-17:00 are relatively small. When trading during this time, you must keep a steady mind.There is a wave of market trends between 12:00-14:00 at noon. The fluctuation range at night is relatively large, and the fluctuation may be relatively large between 18:00 and 2:00 in the morning of the next day. The fluctuation between 2:00-10:00 is uncertain, sometimes large and sometimes small.
But please note that the market generally follows this time logic, but there are also unexpected situations, but they are rare, just conclusions drawn from experience,
so this time market is only for auxiliary reference. Four: Additional learning content:
Due to copyright issues, if you want more learning files, please add me on WeChat: ren5656888
Please understand. Five: Conclusion:
The first thing to do on the road to stable wealth is mentality. Only by being neither arrogant nor impatient and having a stable mentality can you make a lot of money on the road of currency circle contracts. Although there are many myths of getting rich overnight in the currency circle, not everyone can handle it. The money earned by luck will definitely be lost by strength. Therefore, a stable mentality and continuous learning are the only way out. Many people say that getting rich in the cryptocurrency world is a dream, because those who say this don't understand the cryptocurrency world at all. Every industry has its own top talents. The first step to becoming a top talent in this industry is to learn and understand it first, and then learn in depth. If you don't learn and understand and come to evaluate the cryptocurrency world, you have no right to say anything. If you lose money, you say that this industry is not good or bad, then why do some people make money in this industry? So those who say that the cryptocurrency world is not good should reflect on themselves. Improving yourself is the kingly way. Finally, I wish all friends who play blockchain, cryptocurrency, and contracts to achieve wealth freedom. Let's get rich together! If you want to contact me, you can search for "Coin God Community" in Binance Square and follow it.
Completed on April 8, 2024