Graduated from a famous university in Hangzhou, worked as a product manager in a large Internet company for many years, and resigned after 2018 to trade stocks full-time.
1. From 2018 to 2020, from a loss of 300,000 yuan to a profit of 800,000 yuan, the original accumulation of the first stage of life was achieved.
2. Entered the cryptocurrency circle in November 21, and was fearless. In one month, I made a profit of 2.4 million yuan from a principal of 600,000 yuan. In the next two weeks, I was liquidated continuously and lost 3 million yuan. In less than two months, I experienced ups and downs that ordinary people may not experience in their lifetime. After thinking again and again, I temporarily withdrew from the cryptocurrency circle.
3. After two years of technical research and underlying thinking about the capital market, the judgment of trends and the understanding of human nature have reached a new height.
4. In March 2024, with BTC breaking through 70,000 US dollars, it is judged that a new round of cryptocurrency bull market has begun, and I will return to the cryptocurrency circle.
After the small position experiment in March, my theory was proven in practice. In April, I started to increase my position to 2.5wu and achieved a winning rate of over 90%. Since May, I have made profits for 25 consecutive days, and the record is still ongoing.
I named myself the New King of Bitcoin because there has not been a king-level figure in the currency circle for a long time, and my goal is to become the next new king of the currency circle.
Follow me and witness the ascension of the new king of the currency circle.
How to become a 1% stable profit by doing contracts?
Most people have misunderstandings about contracts, which is the main reason why they lose money. Three major misunderstandings: 1. Mistakenly believe that long-term investment is better than short-term investment and prefer long-term investment Many people invest long term, thinking that a big market trend can multiply their profits many times. There is nothing wrong in itself, but if you go in the wrong direction, or a black swan occurs, all your profits will be wiped out. This is also the main reason why many people experience great ups and downs.
2. Mistaking low leverage for safety. Low leverage can lower your margin call line, but at the same time, the fluctuation range is too small, so that you are slow to react to changes in the market, like a frog in boiling water. By the time you find that your losses are getting bigger and bigger, you can no longer cut your losses and your margin call may still occur.
Even if you have a winning rate of more than 90%, you cannot guarantee that you will make a profit in the contract market. Therefore, the best risk control method must be to withdraw profits in time. Only by withdrawing profits every day can you avoid losing all at once when risks come. A stable winning rate and profit-loss ratio can ensure that the amount of profit withdrawal is much greater than the principal, so you can survive in the contract market for a long time.
About the difference between fixed ratio copying and fixed quota copying
Recently, during the suspension of the order-leading project, I have thought a lot about risk control. This includes the difference between fixed ratio copying and fixed ratio copying, and which one is better when risks come.
In the copying project, most order-leaders will recommend friends who follow orders to choose fixed ratio copying The advantage of fixed ratio copying is obvious, that is, you can open positions in real time according to the order-leader's opening ratio. When things go well, profits roll very quickly, but the disadvantages are also obvious, and losses can also come quickly.
The advantage of fixed ratio copying is that the number of positions opened for each transaction can be set by the user to avoid opening the position all at once. At the same time, the user can do a good job of risk control. The size of the position opened each time can be set according to the profit expectation and the acceptance range of the loss. The disadvantage is that it may not be possible to synchronize the opening ratio with the order-leader. However, unless a large position is opened, fixed ratio copying is generally sufficient.
So in what cases is it more suitable for fixed ratio and what cases is suitable for fixed quota copying. Generally speaking, if you want to follow the medium- and long-term trend, you need to keep adding positions to spread the cost, which is suitable for more fixed ratios. This is also the reason why many order takers keep carrying orders. Their trading model is to absorb goods through low leverage, survive the turning point, and achieve profitability.
If you only do ultra-short-term trading, you generally don’t need to continue to add positions, which is more suitable for fixed-amount order following, because ultra-short-term trading is fast in and out, and the space for winning points is small. The leverage will be larger than that of medium and long-term trading. Using fixed-amount order following can reduce risks.
There is no eternal god in the contract market. Even if the tortoise and the rabbit are the first in the public domain, they still cannot avoid the risk of losing users. There are also famous bloggers such as the chief. Even if the order takers are awesome, they can’t be 100% correct. There will always be a time when there is a slack, so users need to do risk control by themselves at this time. The most important thing about risk control is not to stop the overall position, but to choose the appropriate opening method according to the actual situation. At the same time, it is necessary to be prepared for profit withdrawal. After making a profit, many people want to make more, so they start adding positions. This is not a good habit. In fact, profits should be withdrawn so that when risks come, they will not lose all at once.
That’s it, my recent reflections, for your reference
The results of the 8th day of private domain order-carrying are announced: Today, all 9 orders were won, with a daily yield of 50%, and all the orders-carrying accounts have turned losses into profits The cumulative number of positions in 8 days is 61, 59 are profitable, and the winning rate is 96%
The number of people following orders and the amount of orders followed have all reached new highs. Thank you for the trust of group friends
Continue to adhere to the ultra-short strategy of not carrying orders, and see how long it will take to double 100 times!
Anyone who wants to follow can come and try it. For invitation codes, go to the private domain order-carrying
The black fans who say that I photoshop pictures every day can also come and experience whether it is photoshopped or not.
A little trial! My first experience of following orders in private domains!!!
Let me show you my report card first:
Win rate 96%, 50 out of 52 positions are profitable, 7-day yield 42% (one carry order affected the yield), and 3-day yield 250%. This result is so-so. I won't carry orders later, and I'll cut them when I should.
However, there was a major mistake: the recent bull market was too strong, and I liked to go short. When a short order fell back, I didn't reach the expected profit target, and I was reluctant to close the position. As a result, I experienced a violent stretch, and the maximum retracement reached 60%. In the end, I could only stop loss and switch to long orders. After 3-4 days of compensation, from a floating loss of 60% to a profit of 40%, all the friends who trusted me and persisted to the end turned losses into profits, and finally did not live up to the trust of users in me.
However, some users missed the opportunity to make a profit because they set a stop loss line and stopped the loss in advance. It was a pity.
This was also something I had not expected before, after all, it was my first time to follow orders.
Because we usually only pay attention to our own liquidation line when we make orders, and the stop loss point of each follower is different, which may be far below the liquidation line. This is a difference, and it is impossible for the person who takes orders to know everyone's stop loss line. Fortunately, after some users stopped loss, they rejoined my follow-up orders and quickly recovered their capital. I would also like to thank my friends who trust me for their support and did not let you down. But this also sounded a wake-up call for me. In the future, I will try to do short-term trading, stop loss when necessary, and resolutely not carry orders. I can't miss the opportunity to run away for the sake of winning rate. In addition, I am going to do this order-taking project for a long time, and those who are interested can join. In addition, I used to post my personal income chart every day, and some people always thought that my 90% winning rate was fake. Now that I see the copy trading system, I should be able to edit the picture. #
I have made a lot of money recently. I have made a profit of more than 2 million in 5 days. I guess many people are jealous. I will take advantage of the weekend break to share some useful information with you.
I asked my assistant to sort out the words said in the group before, forming a collection of Bitcoin New King's quotes. Now I will share it with you:
Bitcoin New King's Quotes:
First: Run fast
You have to run when you make a profit, and the money in your pocket is your own money
You have to run when you lose money, and stop loss to prevent liquidation
Second: Low leverage
It is exciting to make money with high leverage, and it is even more exciting to liquidate when you lose money. Only by keeping the principal can you have the hope of getting your money back
Third: Short-term trading
It is much easier for bTC to catch 200 points 10 times than to catch 2000 points once
Fourth: Don't be greedy A profit of 3% a day is 10,000 times in 312 days. People who want to double their money every day will sooner or later be liquidated
Fifth: Have a good attitude Don't be arrogant, impatient, discouraged, greedy, or afraid. Treat yourself as a robot to make long-term stable profits
. . . . There are many more, I will summarize them later and post them later
Three stages of my enlightenment! Profits exceeded 210,000 US dollars in June--Reposted after modification
My enlightenment in trading can be roughly divided into 3 stages
The first stage was from 2016 to 2020, when I was enlightened in the A-share market. I studied fundamentals, capital, and news every day, and studied individual stocks and sector rotation. I lost all my savings from work and owed the bank hundreds of thousands.
After 2-3 years of training and review, I developed a strong sense of the market. Basically, I could judge whether a stock would reach the daily limit within 3 minutes of opening, with an accuracy rate of more than 80%. From 2019 to 2021, I paid off the loan and made hundreds of thousands of dollars.
The second stage was from 2021 to March 2024. I was intermittent in the middle, and I was enlightened in the currency circle. Because I had the foundation of the A-share market, I had made 3 million from 600,000 a month at the end of 21, but I was too inflated and lacked risk control. I lost 3 million in 2 weeks and went bankrupt. This incident was a big blow, and it also made me think a lot. There are too many ups and downs in the cryptocurrency circle. How can we make stable long-term profits? This is the content of my second stage of enlightenment.
The third stage, 2024.4-2024.6, enlightenment in the technical circle
At the beginning of the year, I came up with a set of stable profit methods. After the experiment in March, it was confirmed to be feasible. In April, I officially began to increase investment and achieved a record of 25 days of profit and 5 days of loss. In mid-to-late April, I established a social circle with my friends. Through the technical discussions of friends, I strengthened my understanding of trading and enriched my own skills. My profit exceeded 7wu in May and achieved a record of 31 consecutive wins Starting from mid-June, my profits began to soar, and the average daily profit exceeded 1wu, and the money printing mode really began
I will write another article later to talk about what I learned in the circle.
I thought there was no market yesterday, but the PCE data came out last night and it went up and down. My luck was also overwhelming. I got all four waves of long and short markets and broke through 2wu at once. Let's give myself a holiday today, trading is too tiring.
Let's talk about some practical stuff! Let's talk about the battlefield of contracts, how to avoid ups and downs and survive for a long time!
The contract market is essentially a zero-sum game. If someone makes a profit, someone must lose money. Moreover, those who make a profit cannot guarantee continuous profit, because there are too many participants in the market. So as long as you play in the contract market, you can't avoid being harvested. So you have seen many people working hard for half a year, but returning to the pre-liberation era overnight.
To put it in a more vivid way, the contract market is actually a battlefield of multi-party melee. You are a soldier isolated and helpless in the battlefield. Either you kill others or you are killed by others. When you have no experience, no tactics, and rush in blindly, you are a live target on the battlefield. Even if you win a few times by chance, you will be killed by the enemy sooner or later in the long run. You may even be killed without knowing where the enemy is, such as a black swan. . .
So, is it really impossible to make stable money by playing contracts? The answer is no, because the high risk of contracts is accompanied by high returns. When you master the method, the contract market is simply a money printing machine. Just look at the profit chart of my previous article and you will know that there is a way to make money steadily with contracts
So how can you make money in the contract market? There is only one answer, that is, to be a sniper. You only need to disguise yourself, wait for the enemy to appear, shoot, and then hide. The enemy will never find you, and you can survive for a long time
Whether you understand it or not, it will be burned after reading. This article will only be kept for 24 hours
A brief discussion on the reasons why ordinary people always lose money
Trading is a profession without a threshold, but the lower the threshold, the higher the threshold for profit. Because, the world is a chess game, and the winner takes all.
Because of the huge profit margin, the financial circle has brought together a group of people with the highest IQ in the world. Whether it is the stock market, futures, foreign exchange, or the currency circle, there are a group of people with the top IQ playing. They understand the rules and human nature, and use various methods to harvest ordinary people.
Most ordinary people, holding the dream of getting rich overnight, have no risk control, and blindly rush into the contract circle, and finally can only become the object of being harvested by the dealer.
So how can you not be harvested? The only way is to go against human nature. Only by avoiding all the shortcomings of human nature can you survive in the trading circle to the end.
This is why many successful traders have experienced huge losses. Because only failure and being on the verge of despair will force a person to reflect on his own shortcomings, including myself.
The purpose of my post is actually to remind more people to reflect on themselves more and find more loopholes in their own human nature.
The new king of Bitcoin must be a true king and must lead everyone to victory.
In the middle of the night, the non-agricultural market, the group members made a fortune!
It is better to teach people how to fish than to give them fish. In less than a month, many friends who have been losing money can now make stable profits, which shows that my theory will not only be effective for myself, but also for other users.
Contracts are a scourge, but if you know how to do it, the contract market is a cash machine.