#下一个换谁涨？ Day traders often feel overwhelmed by watching the daily charts go up and the hourly charts go down, not knowing how to start or which cycle to choose.
Whether we are going long or short, we must first look at the daily chart. The daily K-line determines the trend and our direction. This is the big picture; think big but act small.
I will start by analyzing and teaching you step by step, from less screen time to more. Of course, please like and follow first. What I learn, I will share with you freely, and I hope you will also click on the coins I recommend in my articles to increase my influence on the platform. Thank you all in advance.
In a vast sea of options, taking just one scoop that suits you is key. Don't act blindly or follow the crowd. If you start right, everything will fall into place! Even if you're wrong, don't dwell on it too much. When opening positions, pay attention to your position size; don’t go too heavy. Experiencing losses today, tomorrow, and the day after is normal in the crypto market. Switching coins or taking a break are effective strategies.
Determine your cycle and position yourself appropriately. Enter the market when the sun rises and exit before the storm arrives.
Day traders who like to watch charts for extended periods should use the 5-minute chart as their primary trading timeframe → the 15-minute chart as their main trend timeframe → the 60-minute chart as their secondary trend timeframe.
First, look at the 60-minute trend and the 15-minute trend. If they are opposite, we choose to exit after taking profits; if they are the same, we can reduce our position to seek greater gains. Choose your direction based on the trend and determine your direction accordingly, following the trend for larger gains and against it for smaller losses.
Returning to the 5-minute chart to find entry opportunities at the support and resistance levels of your main trading cycle, and determine your primary exit level at the 5-minute chart, secondary exit level at the 15-minute chart, and final exit level at the 60-minute chart.
After opening a position, always follow your 5-minute chart's position. Don’t get distracted by 1-minute or 3-minute entry opportunities, as they can only disrupt your mindset. If you successfully open a position and reach the first profit target, take some profits and switch the chart to 15 minutes to observe the next profit target. Adjust the original stop-loss and take-profit levels according to the direction of the trade. When the market reverses and breaks through the support or resistance of the new 5-minute cycle, we return to the beginning. If the 15-minute and 60-minute charts are opposite, we choose to exit. If they are the same, we choose to hold. When the price breaks through the 15-minute profit target, we leave the last 20% for the 60-minute chart. Strictly follow one trade at a time; perhaps the trend of a certain market will become clearer.
Start trading with a leverage of X5 from a 2% position. When you can skillfully manage your funds and your own cycles, you can choose to increase your position, add more funds, or increase leverage. The exit strategy consists of three steps: exit 40% when the 5-minute chart breaks the first profit target, exit 40% when the 15-minute chart breaks the second profit target, and hold the remaining 20% for the 60-minute chart while looking at the 4-hour and daily charts. This is a trend cycle trade from the beginning of a bull market to its peak.
If you like to trade in 5-minute intervals, then look at the 5-15-60-240 daily charts.
If you like to trade in 15-minute intervals, then look at the 15-60-240 daily charts.
If you like to trade in 60-minute intervals, then we look at the 60-240 daily and weekly charts.
Look less at the 1-minute chart. A random fluctuation can disrupt your mindset. Only if you remain steady can your funds land safely. The market may offer many opportunities, but we only take one scoop each day. One scoop daily for ninety days can double your funds. A win rate of over 60% makes a qualified trader.
In the cryptocurrency market, the way we learn is built on spending money. When the market goes against human nature, we choose to rest and fight another day. A trader basically experiences small losses, small gains, small losses, small losses, and then a big gain, followed by small gains and then clocking out. This is just a series of numbers; don't let it affect your mindset. Otherwise, major players are out there targeting your losses, specifically aiming for your few U's. Speaking of this, I’ll teach you a key point: test the waters and make mistakes with different position sizes before entering.
Assuming I open a position of 100 U each time, I will put 20 U into my 5-minute entry, 30 U at the stop-loss of the 5-minute chart, and 50 U at the stop-loss of the 15-minute chart (next high or low of the 5-minute). Why do this? Because sometimes the market goes against human nature. When a coin is controlled, major players can do as they wish. Your entry and exit points are also theirs. Major players need chips and will target your losses, indicating the direction is correct! A series of losses can lead to a significant reversal in trend direction.
If major players hold more chips than individual traders, they will directly reverse the trend, and a strong movement will appear on your 5-minute chart. At this moment, we cannot confirm that they will definitely follow their own direction, so what must we do? We must wait for the close. Waiting for the close is essential for every trader. After the close, observe the Bollinger Bands, moving averages, trading volume, and larger time frames to decide whether to trade with the trend using the remaining 50 U to buy on dips or sell on rebounds.
Major players will follow the trend, but they will also take advantage of investors who follow the trend early on, which is why we often see spikes in an ongoing trend. They knock out those who follow the trend to acquire their chips, aligning with the major players' goals.
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