Once I naively believed in the 'get rich quick myth', went all in on a startup company claiming to 'disrupt the industry', pouring in my parents' retirement money and all my savings🔥 Until the numbers on the financial statements turned into a string of cold negatives— the founder absconded with the funds, and the so-called 'core technology' turned out to be a PPT fabrication. In the end, I found myself buried in debt, standing on the edge of a rooftop watching the traffic flow all night long😢.
Until I invested 30,000 principal borrowed from a friend into the stock market, went from losing to only having a few hundred left, to now having assets worth over 100 million, without luck, without 'insider information', only me sticking to a set of 'extremely foolish' strategies for 2,900 days.
Having been halved, liquidated, and led by the main force,
Eight years of ups and downs have forged these 8 rules, shared without reservation today:
Moving average identifies strength and weakness
Short-term moving average crossing long-term = Trend initiation;
Long-term moving average pressing short-term = Downward continuation.
Look for support on pullbacks
Sharp drop followed by horizontal consolidation = Accumulating strength and stabilizing;
Continuous decline without rebound = Trend deterioration.
Beware of high volume at high positions.
High volume at high positions is not necessarily a peak,
But high volume stagnation at high positions = Exit signal.
Multiple verifications at the bottom
Do not easily trust a rebound,
Three bottom tests without breaking + volume increase is a sign of stabilization.
Look at the sustainability of themes
Single-day explosion is a pulse,
Sector linkage + favorable policies = Trend theme.
Position determines life and death
Full position speculation is for gamblers,
Diversified layout + stop loss and profit taking = Long-term survival.
Emotional judgment cycle
Dramatic decrease in consecutive stocks = Emotional retreat;
Limit down wave appears = Control your hands and stay in cash.
Awareness precedes action
Do not touch stocks you do not understand,
Only earning money within your understanding allows for peaceful sleep.
No one can succeed casually in the stock market; behind every rule are real losses and countless sleepless nights. However, as long as you find the right method and adhere to discipline, this market never lacks opportunities for ordinary people to turn the tide.
Crypto joy total: Meeting is fate, on this path in the crypto world, I am willing to be the one who holds an umbrella for you. Follow me, let’s avoid the blades, seize opportunities, and stabilize our footing in the crypto world together, earning what belongs to us!
