#历史见证者打卡 A brief discussion on trading methods.
Trading is an art and also a form of self-cultivation.
Trading is the stepping stone and foundation for financial professionals, as well as a realm of self-cultivation; in my eyes, trading is a science, a check on my understanding. Wealth is a verification of my cognition; it is compensation for understanding, not a reward for hard work!
Beginner traders: need to learn to read naked K-lines, what a Pin bar is, the meaning of each K-line and combination of K-lines. The K-lines on the chart can speak; they will provide you with all the analytical data you need; understanding volume-price divergence, MACD divergence, golden cross and death cross, knowing the overbought and oversold signals of RSI and KDJ; using MA + EMA + Bollinger Bands to find support and resistance.
Intermediate traders: able to use Western patterns (Gartley, Bat + Butterfly, Crab + complex Cypher + Shark); finding support and resistance positions using structure and Fibonacci retracement. When prices hit historical highs, using Fibonacci extension to find target prices, ensuring not to sell at the lowest and buy at the highest; buy when no one cares and sell when the crowd is buzzing.
High-level traders: capable of analyzing what kind of market it is on the day, using naked K-lines to draw accurate lines. The trend lines and channel lines we commonly use can encompass everything; making precise predictions by combining Western technical indicators and structural patterns; also integrating various information, including Federal Reserve interest rates, non-farm payrolls, CPI, and policies in military aspects.
Finally, it's about mindset and time! As long as you put in the effort, you can learn the theory. The key is the mindset! Chasing highs and cutting losses, trading frequently for the sake of trading is undesirable! Trading opportunities are waited for, so time is also crucial.
In trading, we must learn to control our emotions and not trade during emotional turmoil; strictly set stop-loss orders; as soon as you open a position, you must set a stop-loss. Even if the stop-loss is hit and then rebounds, that is not wealth within my understanding; after making a profit from a position, learn to move your take-profit, taking profits in batches; if you incur a loss after opening a position, don't panic. Before hitting the stop-loss, only add to the position to lower the average price; if uncertain, just set a stop-loss at breakeven or let it float in profit. Everything done should be based on one's own trading methods and habits; habits become nature.
One can grasp the essentials in a year, achieve results in three years, become an expert in five years, and reach the top in ten years! To learn, act, and understand is to obtain; one must know the unity of knowledge and action and integrate them. Practice brings true knowledge; only by truly entering this industry can one understand the vast knowledge of trading and also gain enjoyment and personal wealth from it!
This article is dedicated to all excellent traders and those about to become traders; today $BTC breaking through 100,000 USD is a moment of reflection. 100,000 is just the starting point; the future... ...
Liangxuan Mr. Jiang 2025.12.05 / 15:40
Liangxuan Jiang
2024.12.05
15:08
