Those who are in the cryptocurrency circle may become rich overnight and increase their assets by 50 or 100 times, or they may lose everything in an instant.
Playing contracts is more exciting than riding a roller coaster.
Have you ever suffered continuous losses and frequent liquidations?
Then you are depressed and regret your decision? You are eager to make a comeback, but you get deeper and deeper into trouble?
I have read countless tutorials, learned the summaries of many traders, and analyzed countless reasons for failure! I have summarized the following points, which I believe can help you:
Mentality and emotional management: It is not necessary for you to suppress your emotions and become a cold machine. Instead, you should deeply plant the belief of success in your heart, regard the current losses as temporary difficulties, and build a strong positive belief system. It is the key to remain rational and calm when losing money, not blindly place orders, and control transactions with precise analysis and rational operations.
Polishing the trading system: Trading is not gambling, but there are probability mysteries. It is necessary to explore a trading system that adapts to oneself in long-term actual combat, and build trading rules in the dimensions of indicator analysis, position control, stop-profit and stop-loss setting, long-short cycle switching, etc., to say goodbye to blindness and jump out of the disordered dead cycle.
The essence of fund management: "If you keep the green mountains, you will not worry about having no firewood." Abandon the impulse of all-in, that is the prelude to destruction. Calmly analyze the maximum continuous loss range and plan funds accordingly. As long as the chips are in hand, there is a chance to counterattack and rebirth.
The core of technical analysis: If you don't have technology, placing an order is a matter of luck and you will definitely fail. Learning technical indicators is a gradual journey, but over-reliance is easy to fall into confusion, and frequent mistakes lead to self-doubt. Extract the essence from common indicators such as naked K-shaped, Bollinger, moving average, MACD, volume column, OBV, etc., and comprehend the truth of the great way to simplicity, so as to control the initiative of trading.
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