🔊Holly! Hello everyone, the Binance group chat is now open! Welcome new and old fans to exchange/share trading insights! If you want to add me as a friend: Through the search box → Click the top left corner of the homepage → More services → Search: Chatroom → Add friend → Input: boqghd8a If you want to join the group directly: Scan the QR code in the picture below to apply to join the group!
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Recently there have been no live broadcasts, and the reason there are no points given is that I have been testing a new trading strategy... Currently, the testing results are quite ideal, with a win rate of around 85% and a profit-loss ratio of 1:1.5
Since the last one-sided market, I have conducted a comprehensive review and reflection on my trading strategies. I have always believed that for a qualified trader, the most important ability is not the ability to profit, but the ability to recognize mistakes. Sometimes excessive confidence equates to arrogance. Trading ultimately involves battling one's own nature and emotions; emotional instability and the aversion to losses are often the biggest problems for most traders! The market is always right. When your strategy diverges from the market, there is only one reason: your strategy can no longer adapt to the current market, and it is not about finding a comforting excuse for your mistakes; otherwise, you will never make progress... As N99 Ak said: Grow through ridicule, rise from the lows, and be born from destruction... Finally, find a trading system that suits you, because there is no perfect strategy in this world, only systems that suit your trading style. In the end, trading is: simple. From learning all technical indicators to eventually not relying on any technical indicators, we still have a long way to go. In the end, I want to say, if you are an experienced trader, you should understand what I am saying. If you are a new trader, I suggest you not to start... If you are determined to continue, you need to ask yourself if you are ready for loneliness. All words are just the road traveled so far~ Because I do not rely on traffic, do not charge for group access, and do not provide signals... I am very clear that those who can make money by trading on their own do not need to rely on traffic; conversely, those who cannot achieve significant results in trading will inevitably find themselves in this predicament.
Long-term holding of spot is actually a 'false proposition' and should be changed to: 'Cyclical holding of spot' But but but.... the imitation is gone 🤪
Recently, I've been testing new strategies with small positions... so far the results are acceptable, but it still needs improvement. Once I increase the win rate a bit more, I'll go live to verify it together!
The latest news in the crypto world, both technical and macro, is all nonsense... The main point: uprooting the retail investors!\nWhen the US stock market falls, the crypto market falls\nWhen the US stock market rises, the crypto market falls\nNon-farm payrolls, unemployment rate negative news You think it's going to fall, but it first rises and then falls!\nIn short, what retail investors can see is likely not true, and even if it is true, it will make you doubt its authenticity!\n\nShorting with stop-loss, after getting swept down, going long with stop-loss, after getting swept up! If you dare not use a stop-loss, it could easily take months...\n\nLast year, I wrote an article saying that once institutions enter the market, it will be very difficult for retail investors to make money, and once institutions easily control the market, whales won't make money either...\nStop looking at who made how much, that's just a rarity! Most only report profits and not losses; if you don't believe it, let them show their total gains and losses over the past two years. If they are still in profit, they can be considered as the best among people!
In the world of trading, there is no chosen one. In this results-driven market, to stand out, you must repeatedly remind yourself: be a machine without emotions... do not mix a trace of personal preference into any trade... filter out market noise and find signals only from the charts!
The reason I haven't been streaming recently is that I am adjusting my strategy. Wait for my triumphant return 😄
Good news, the new wave strategy has entered a small success phase! After a few more days of testing, we can take everyone into practical application...
Since the last major drop and the resistance positions, I have conducted deep reflections. The original set of strategies worked well before 2022; back then, regardless of whether it was a crash or a surge, there would always be reasonable rebounds. However, the current market has serious manipulation behaviors.
Both rises and falls are irreversible; once the direction is wrong, it completely does not give you any time to react.
There is no unchanging market. To achieve long-term stable profits, it is necessary to follow the rhythm of the market, rather than making the market move according to our expectations...
I haven't been live streaming recently, I've been learning and identifying my own issues. Although I don't have many fans, as long as there are still people who like it, I must be responsible for my strategy, after all, everyone's money is hard-earned... I will try my best not to cause anyone to blow up their accounts and lose money because of my strategy!
Fast is slow, slow is fast. During the trading process, learning and reflection are always things that must be done.
Since the last time the bulls broke even, I have been testing new strategies. Currently, the practical operation is going well. Once it stabilizes a bit more, I will livestream to help my brothers open positions.