Lost 300,000 in oil, let me share my insights on technical analysis.

Three years ago, I entered the cryptocurrency world, and my quality of life has deteriorated day by day. I used to live comfortably, with a decent salary, a house, and a car. After three years of turmoil, my house is mortgaged, and I owe more than 2 million in debts, with my salary not enough to cover the loan repayments. To reduce my debt, I changed my mindset and decided to share my insights on technical analysis and trading experiences.

Through these years of market education, I have seen some truths that are closer to the market reality. I believe most people start learning about technical indicators when they first enter the investment market, thinking that once they learn these indicators and see the signals, they can make money. After studying diligently for a while, they start practicing and find that there are often false signals, leading them to question whether the indicators are faulty. They then switch to another indicator to continue their research. After learning a bunch of indicators, they still haven't made any money. Where is the problem? The truth is that indicators are not useless, but they tend to lag behind, often reflecting market conditions with a delay. By the time you see the indicator signal, the market may have already moved significantly. When you jump in to trade with the trend, the market might very well reverse. Through this experience, I found that the best way to reflect market conditions in a timely manner is by looking at naked candlesticks plus trading volume. This directly reflects the current buying and selling conditions in the market, especially in the contract market. Shorter candlesticks combined with larger trading volumes often indicate that the market is about to reverse. At this point, the indicator signals might appear, but they are often not suitable for trend trading. Of course, counter-trend trading might not be appropriate either; one should wait for a period of consolidation. After the market makers have finished washing out positions, entering trades will greatly increase the odds of winning. Of course, mastering these rules takes time through practical experience.

There are many more techniques, such as: order walls, funding rates, open interest, etc. In the future, I will continue to share, hoping that we can improve together and view the market more accurately. #技术分析方法