When investing in the cryptocurrency market, one must calculate the growth rate and profit-loss ratio, not just look at the numbers. The same goes for taking profits and cutting losses; do not focus on the amounts of increase or decrease, but set them according to the ratio.
$BTC Those people who teach others to trade in cryptocurrencies in the square are really funny. You don’t even know how to trade cryptocurrencies, but you still bring others along. If you can make money by trading cryptocurrencies, why would you waste so much time teaching others? The A8 I know doesn’t often make big statements, but keeps a low profile and makes a fortune.
Teachers who want to teach others, please verify your balance with real-name verification.
The summary is very good, but some elements are still ambiguous to me; I hope to clarify a bit.
财经少华
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What elements should be included in designing your own operating system?
Before establishing an operating system, we should first ask ourselves, what is the purpose of the investment? Is it to get rich overnight? Is it for steady appreciation? Or is it for rapid appreciation?
Furthermore, what is the expected return rate? Is it 100% in a year? 100% in a month? 30% in a year? 30% in a month? 200% in a year? Or 50% in a year? These questions will greatly influence how we design our own operating system.
Additionally, regarding risk, what is our risk tolerance and preference? Can we tolerate a significant drawdown of over 30%? Can we endure a slight drawdown of within 20%? Can we only tolerate a minor drawdown of within 5%? Or can we not tolerate any drawdown at all?
These questions about risk must also be considered. If we do not clarify these issues, blindly establishing an operating system is not very meaningful, at least not the most suitable for ourselves.
A complete operating system should include the following seven elements:
Cycle Judgment: Understand the general trend of the market and judge the current market cycle (such as bull market, bear market, sideways market, etc.).
Operational Thinking: Clarify the basic concepts and strategies of operations, whether to pursue short-term quick in and out, or long-term holding.
Coin Selection: Choose potential stocks based on certain standards and methods.
Timing: Determine the best timing for buying and selling.
Trading Rules: Formulate clear buying and selling strategies, including entry and exit conditions.
Capital Management: Allocate funds reasonably, avoiding excessive concentration or dispersion, ensuring the efficiency and safety of fund usage.
Risk Control: Develop risk management strategies, including stop-loss mechanisms and position control, to manage and reduce investment risks.
By comprehensively considering and integrating the above elements, you can establish an operating system that suits yourself, thereby achieving investment goals more effectively.
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Meme's attention priority: $DOGE > $SHIB > $PEPE , this is considered the first tier. After Trump's inauguration, there will be a wave of positive news, and now is a good time to start investing in physical assets.
Every investment target should be consistently monitored.
The spot goods below $DOGE 3100 don't require too much attention to market trends, but they feel a bit tasteless. Contracts are too stimulating, and there isn't much time to watch the market.
The goal of spot trading is stability, aiming to create, test, and optimize one's trading system; for development, it still relies on contracts.
You must be skilled and able to handle it freely before doing more contracts.
The market for $DOGE is formed by a tug-of-war between bulls and bears, and can change at any time, so taking profits and cutting losses is very important. Set expectations first, then adjust according to the market.
Don't be greedy when taking profits, and don't be afraid when cutting losses; it is recommended to set them based on a percentage.