Different strategies are needed under different market conditions!
1. Volatile market:
1. Only do high-selling and low-buying of BTC/ETH, and do not do any altcoins!
2. High altitude:
2.1. Opening order point: mainly based on the important pressure moving average group above the 4H level to determine the batch entry of short orders.
For example, if the MA60 moving average above the 4H level continues to suppress the price, then this moving average can be used as the opportunity to enter a short position.
2.2. Stop Loss:
Just put it on the previous high after the upward pin and then fall back. For example, the pressure level is 2440, and the pin reaches 2450, then
The stop loss should be placed above 2450.
3. Low and long:
3.1. Opening order point:
Generally, the lower support at the same level or a higher level is used as the entry point for long orders in batches.
3.2. Stop Loss:
Just wait until the previous low after the downward insertion and subsequent pull-up, for example, the support level is 2320, and the insertion reaches 2310.
Then the stop loss should be placed below 2310, around 2300.
4. Retracement control:
4.1. Stop loss principal: 20% of the total principal. If it reaches this level, no more orders will be opened on that day.
4.2. Single-day operations are generally based on two transactions, and the single stop loss is controlled at 10%.
4.3. The position size of a single order should remain consistent!
5. Admission method:
5.1. Try to enter the market in batches instead of filling up all the positions at once!
5.2. Try to open orders according to the trend. When the main trend is short, try to open short orders, and vice versa!
2. Main rising trend: using intraday trading strategy
1. When the market trend is good, chase the hot coins (the top 3 in the increase list, or the coins with high popularity)
2. Control the profit and loss ratio to about 3:1
3. The daily stop loss retracement is 10%-15% of the principal. If it reaches this level, no more orders will be opened on that day.
4. Daily review
3. Crashing market:
Short positions are waiting for batches of needles to enter the market.
If there is no opportunity, just wait for the empty position.
Under this market situation, not losing money is equivalent to making money!
4. Stop Profit Selection
1. Win-guarantee stop loss:
When the conditions meet that there is no stop loss in the opening order of the day and there is no pattern destruction in the K-line pattern of the same level, there is no need to use a stop loss to protect win.
If one of the two conditions is not met, you must bring a guaranteed win.
ETH: Guaranteed win after 20 pips of floating profit
BTC: 350 points of floating profit with guaranteed win
2. Moving Take Profit:
ETH: Move the take profit after 35 pips of floating profit, use 3/5 minute level to move
BTC: Move the take profit after 500 pips of floating profit, use 3/5 minute level to move
5. Notes:
1. Never think about getting rich overnight by going all in. Stable compound interest is the goal. Having a murderous mind will lead to a liquidation of your account.
2. Only trade in your own market! Learn to be short and don’t force orders!
3. Try not to make night orders, try not to open night orders, and even if you do, try to hedge!
4. Try not to open orders on weekends. Try not to open orders on weekends. Even if you do, only one stop loss order is allowed!
5. After being stopped out, you must control your mentality. Don’t get carried away, don’t get carried away, don’t get carried away!
If you want to seize this bull market, it is definitely too late to learn and apply immediately. It is best to have someone to help you get started quickly.
I am Ike, welcome to communicate!
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