II. Rules
I'm not good at trading, so I'm not rich yet.
I love this market and believe it will love me.
Many newbies even when they exit the market are still blank pages, full of injuries
I will give a general outline for newbies if they want to learn. Rely on yourself, don't listen to anyone
What rules do you need to know?
1. Money flow rules
At the beginning of the cycle, Top Coin increases.
It is forced to absorb all the market share, so the new children are scattered
Then BTC sideways, the market share will gradually shift to mid-cap, low-cap lines, ...
2. If trading with the wave, you can DCA. But if you go against the wave, don't be stubborn.
3. Crypto has a super large wave amplitude, analyzing a time frame that is too small will not produce a rule. Usually H4 (in the big cycle)
Wait for the minute frame by the hour, wait for a few days, wait for the day frame by the week for the order to run. From there, choose the right one for you
4. Understand the main trading session. It is a time of great volatility: what time is the US session, ...
5. Before trading ft, you should trade spot to be proficient
Reasons for entering orders, coefficients, SL or TP1-TP2, ...
Only enter FT when you are sure
Top line has lower amplitude, so you can use high coefficients. But lowcap line should not be reckless
6. Hold and trade are not mixed. TP 50% and the remaining risk is OK.
7. Very bad thing, the noise often creates super huge profits for a stupid meme. Follow the market, just a little. Don't be greedy.
8. Trendline, volume, trend break signal. That's it, don't study too much
...
Everyone loses money in this market. Whenever the market is bad, I'll write again 😌😌