Rarely taking a holiday, summarizing my trading insights in the hope that they may be of reference to you:
When I first started trading cryptocurrencies, I was like a gambler, staring at the screen 24 hours a day, chasing highs and cutting losses, with a very heavy speculative mindset, and ended up losing money every time!
It wasn't until I figured out this simple method that I truly survived in the crypto world: "Opportunities that do not meet the trading system should be missed!" Relying on this iron rule, my average monthly return has stabilized at over 15%.
Here are a few survival rules based on fundamental trading logic for beginners:
1. Golden Trading Hours Rule
⌚️ The real trading time starts after 21:00 every day.
- Day trading is mostly institutional line drawing, with a false breakout rate as high as 63% (data from my trading log).
- After the U.S. market opens, trends take shape, and the K-line impurities are fewer; I have significantly improved my win rate by trading during this time period. Professional traders always choose the best time periods to trade.
2. Triple Verification Trading Method
📊 The following combinations of indicators are worth acting on:
① MACD golden cross/dead cross + RSI overbought/oversold (success rate 58%)
② Bollinger Band breaks the middle band + increased volume (win rate 65%)
③ When three indicators resonate, the risk-reward ratio can reach 1:3.
3. Smart Stop-Loss Strategy
⛔️ Remember these two life-saving numbers:
- Hard stop-loss: 3% of capital (must exit if reached, no exceptions)
- Soft stop-loss: 20% retracement of floating profit (protecting profit is more important than fantasies).
Note: You can also split funds into multiple batches to enter, with a maximum loss of 5% of the principal, leaving the green mountain means not fearing no firewood.
4. Withdrawal Wealth Formula
💰 Withdraw funds according to this ratio:
Extract profits every time you make a profit, adhering to the principle of only withdrawing and not reinvesting.
(This has helped me avoid all black swans like 519 and 312.)
5. Multi-Timeframe Combat Skills
📈 My chart watching combination:
- 1-hour chart to find buy/sell points (3 consecutive K-lines in the same direction confirm the trend)
- 4-hour chart to look at support and resistance (drawing Fibonacci is more accurate)
- Daily chart to determine bullish or bearish direction (200-day moving average is the lifeline).
Note: This trading strategy is for short-term traders; trend trading is only suitable for finding entry points.
Execute your trading strategy like code: turn on the computer at nine in the evening, trade if the indicators meet, and shut down if they do not. Although I sometimes miss market movements, my average monthly return has been 15% over the past two years. In this cutthroat market, surviving is the greatest skill.
Interested students can leave a message to exchange ideas 🤝🤝$BTC $ETH $SOL