How to help the man who trades cryptocurrencies return to a normal life?

I am not a big shot in the crypto circle; this level of profit is just a drop in the bucket for the real big shots. I’m just an old investor who has blown up accounts and stumbled through various pitfalls.

Last year, a brother came to me with 2400U and said he wanted to make back his previous losses. I didn’t talk to him about moving averages or MACD or those complex things; I just shared three pieces of experience that I had figured out.

He followed my advice for 3 months, and his account surged to 63,000 U without ever blowing up. These three “survival rules” depend on how much respect you have for the market.

Money is divided into three parts: 2400U split into 3 portions of 800U, not to be used interchangeably.

1st portion for short-term trades, with a maximum of 2 positions opened daily, and close the software afterward;

2nd portion waits for trends. If the weekly chart shows no bullish pattern and doesn't break through key levels with volume, keep it in cash;

3rd portion is emergency funds. If the market spikes and there's a risk of liquidation, use it to add to positions to avoid losing all your principal.

Only trade with the trend: recognize 3 entry signals — if the daily moving average is not bullish, definitely stay in cash;

Only enter with a small position if the market breaks previous highs with volume and the daily closes stable; once profits reach 30% of the principal, withdraw half the profit and set a 10% trailing stop for the remaining amount to lock in gains.

Control your emotions: write a trading plan before entering the market, with a fixed stop loss at 3%, and it will automatically close at that point;

If profits reach 10%, move the stop loss to the principal amount; close the computer by midnight every day. If you can’t sleep, uninstall the app to avoid emotional trading.

The market is always there; if you lose your principal, you lose your opportunity. First, focus on these three rules, then think about waves and indicators.

Sister Ke only does real trading and doesn’t make empty promises. There are still open spots in the team; if you want to learn the methods and turn things around, join us at #美联储降息 #加密市场反弹 .