打龟佬

My chatroom ID: cc13579

I've set up a group focused on technical indicators where I'll teach you how to find coins, pick coins, analyze indicators, and manage positions to maximize profits, among other things. Everything I know is yours to learn, so you won't have to worry about what to buy today anymore!

Can you believe there are still folks out there who don't know what support and resistance levels are?

When the price hits a certain level but can't break through → that's a resistance level; when it drops to a certain level and bounces back → that's a support level. Nail these down, and you'll have clarity on price targets, take profit and stop loss positions!

How to find the real deal?
On the charts, 80% of support and resistance levels are just mirages! They must satisfy these 3 technical resonances, and the more they do, the more reliable they are:
1. The more touchpoints, the better: If the price attempts to break through multiple times but fails, it shows there's a 'collective consensus' in the market—everyone's not keen on letting the price go past that point. Aim for at least 3 touches;
2. Strong reactions: Hitting this level is like touching a live wire; it snaps back hard, and every move is significant;
3. Has served as both support and resistance: Once the price breaks the resistance level, 80% will retest that spot, turning 'yesterday's resistance' into 'today's support'.

Two common mistakes newbies make
Avoid these pitfalls to save time:
1. Over-focusing on small timeframes: Engaging in mid to long-term trading but constantly checking 5-minute charts for key levels? More lines don’t equal more opportunities—instead, it’s just noise, and you could end up losing! Stick to your trend/trading timeframe;
2. Drawing lines instead of ranges: Don’t make your ranges too wide; remember that 'the body is more important than the wick'—when wicks and bodies conflict, prioritize the body.

Steps to identify support and resistance levels:
Start by marking the 3 points where the candlestick touches the most;
Pick the line that shows a 'strong reaction upon contact' and has acted as both support and resistance;
Draw a line above and below this line to expand it into a range, and after adjustment, you'll have your preliminary pressure zone.

Final reminder: Support and resistance levels are 'filters,' not buy/sell signals! They only help you determine whether the current trade is against the trend. Using the right filter is the first step to becoming a mature trader.

If you’re still trading on gut feeling and want to build an objective trading system from the ground up, join my chat room for answers, follow me for ongoing valuable insights~

90% of traders don't last beyond 3 months, don't blame the market—if you’re not recording, reviewing, or analyzing, you’re not trading, you’re just speeding up your capital's demise! You made profits but don’t know how, thinking you're the chosen one; you took losses but don't know where you went wrong, just cursing the market?

Pros fear not the losses, but not understanding why they lost—that's the core difference between amateurs and professionals!

If you want to change, remember this:
First, you must record everything, don’t skip it! Write down 6 key points:
Entry reason: breakout, pattern, or indicator? Take a screenshot for proof.
Entry time, entry point, stop-loss point, take-profit target (three prices, no less).
Position size: what percentage of your total capital does this trade occupy?
Risk-reward ratio: is it worth the gamble?
Feelings during the trade: anxious, excited, or calm?
Exit reason: did you hit stop-loss or take-profit? Or did you manually intervene? Why?

Once you get the hang of this, it’ll help you avoid the same pitfalls in the future!

Second, you must review regularly! Set a fixed time each week to inspect your records like you’re interrogating a suspect:
Did you make any unplanned trades this week?
Did you fear losses and exit early, missing out on big profits?
Did greed make you hold onto a losing position without a stop-loss, turning small losses into major hits?
The moment you confront your mistakes, that’s when your trading journey truly begins!

Third, you must do statistics! After analyzing, you’ll find:
Are your win rates especially high during certain times? Do you always make bad decisions under certain emotions?
Some traders lose by Friday, while others mess up trading overnight—without stats, you’ll never find your “losing patterns”!

And the most crucial part: strict position management!
The size of your position determines whether you get wiped out in 3 days or survive for 10 years. Most newbies dive in with heavy positions hoping for a double overnight, but end up losing it all. Experienced traders only count “survival chances”: with a fixed stop-loss, how many times can your account take a hit? For example, 30 times gives you 30 chances to learn; if you get it wrong 30 times, it’s your system that's flawed, not the market!

Remember: calculate your losses before seeking wins, keep your position size fixed, risk fixed, and your mindset will stabilize!

When trading, don’t stare at the screen! I’ll say it again, don’t stare; the more you do, the quicker you’ll lose! Is your heart in your throat after opening a position? Do you panic and take profits on a 5-minute pullback, or rush to chase a small rebound? The real money-makers don’t even look at the charts—because they understand from the start: the essence of trading is probability.

The trend lines you draw, Fibonacci levels, and MACD crossovers... these are just tools to help you find opportunities with a 'higher edge', not guaranteed profits!

Let’s talk about a scenario you’ve definitely experienced: waiting all day for a textbook bullish engulfing pattern at a key support level, volume and price rising perfectly! Your heart races as you enter, and your account shows floating profits, feeling like you've caught the beginning of a major uptrend, it's exhilarating.

But instead of skyrocketing, the price moves sideways, forming a doji, then a long upper wick. At this moment, your mind is battling: rationality says, 'Place your stop-loss below the engulfing pattern; the logic hasn’t broken, hold on,' but fear screams, 'Trap! False breakout! The big players are offloading! Run!'

Unable to bear the torment, you close your position, letting out a sigh, thinking you’ve dodged a bullet. Five minutes later, you open the software—a big green candle shoots up from your closing position, soaring into the sky! Doesn’t that sound familiar? You analyzed correctly, the signals were right, yet the outcome was wrong, and the root cause was staring at the charts: it rendered your plan worthless in the face of emotions.

The market won’t rise just because you want it to, nor will it fall just because you’re scared. In my teaching group, when a trading opportunity that fits the system arises, set your stop-loss below the lowest point of the engulfing pattern at the same key support level, and target at least a 2:1 risk-to-reward ratio at the prior high resistance level. After completing these two steps, close the software—go to work, enjoy tea, and live your life.

Remember: big profits come from patience, not from staring. Leave the results to probability, open your account days later—either you’ll find a small loss (trading costs) that you accept calmly, or an unimaginable huge profit waiting for you. This is the most comfortable and free state of trading. Only then can you truly live by these eight words: cut losses, let profits run. Entrust the success or failure of trading to the system, not to emotions!

I spend 80% of my software time reviewing past trades, not staring at the screen. Through day-by-day high-intensity reviews, supervision, and deliberate practice, I’ve ingrained my proprietary logic-driven trading system from 'knowledge' into 'muscle memory', completing the transformation from a feeling-based gambler to a stable trader.

$BTC just crashed below 60k, and right now the market sentiment is in a state of extreme fear. It’s best to take a couple of days off and wait for the bottom. After that, we’ll need to consolidate for a couple of days; the market won’t just pump back up instantly. Keep an eye on the trend and trade accordingly!

The biggest blunder this week was being too complacent. I had several trades that were in profit but didn’t set stop losses, which led to getting stopped out these past few days. Now, I’m down to just one position. I’ll continue to stay on the sidelines for the next couple of days; if there’s no action, I’ll take a break, focus on learning, and wait for the next opportunity!

The trading market is the best place to see yourself clearly!\n\nChasing highs exposes greed, panic selling stems from fear, over-leveraging hides the gambler's mindset, and being deeply trapped means not daring to admit failure—each trade reflects your character, and every profit or loss is a consequence of fate!\n\nWhen you stop frequently jumping in and out, learning to wait for certain opportunities, you shed restlessness; when you're willing to miss a hundred chances just to wait for your own rhythm, that's when you truly understand trading!\n\nWith a heart full of gratitude, being neither greedy nor hasty, having patience, and being willing to admit mistakes, you'll find that trading is never about talent, but rather a journey of self-improvement!

It's time to cut losses, no more holding bags. I've only got a few coins left, and with the way the market's looking, I'm not opening any new positions for now. Just gonna hold my ground and see if any opportunities pop up!

Same candlestick, newbies see the sentiment and chase the big green candle; others look at the patterns and think a bullish engulfing is a go; but those who really know how to read the market can see that this trade is a no-go. In the end, everyone who jumps in gets stuck!

Why do retail traders always lose money with the same candlestick and the same signal, while some can dodge the pitfalls? Many newbies think it's because they don't understand candlestick theory enough, but the real issue is that they're looking at the charts in reverse order. The signals and patterns are not wrong; the mistake lies in viewing the candlestick in isolation, detached from the overall context.

Candlestick signals are like isolated words; if you guess the meaning without reading the whole paragraph, you're likely to get it wrong. Retail traders often gamble on isolated signals, while those in the know understand: looking for signals without considering the big picture is like a blind man trying to feel an elephant.

If you've been in this game long enough, you should know that the core fundamental skill is to remember the three-step trading process: first, check the trend, then find key points, and finally, wait for the signal.

Step one: Determine the trend (90% of people skip this)
When looking at the market, don’t just fixate on the current candlestick; instead, see what trend it’s in— the same signal can mean drastically different things in different trend phases.

In the one-hour timeframe, you need to address four questions:
1. Direction: Are we going long, short, or sitting on the sidelines? Newbies can use the moving averages: red fast line above, blue middle line in the middle, white slow line below indicates a clear uptrend!
2. Phase: Is there any divergence in the uptrend? This can be assisted with MACD!
3. Volume: The saying goes, no volume, no price!
4. Level: Check if MACD is retracing to the zero line: no retrace means a small level, just retraced means the current level, and crossing means a large level. A retrace past the zero line indicates a large level, allowing you to follow the big trend or counter small pullbacks. Only after confirming these four questions can you say you understand the trend.

Step two: Find the key points
Strong trends must retrace, where to enter? You need to integrate the overall trend to find support and resistance. Focus is crucial when reaching these key levels!

Step three: Wait for the entry signal
Trend confirmed + price is right, then switch to a 15-minute timeframe for candlestick signals. First set the direction, then the position, and finally buy; that’s the complete process. Retail traders jump in at the signal out of impatience, while knowledgeable traders always review according to "trend → key points → signal".

Missing any step can lead to wrong conclusions. Most losses aren't due to being wrong about the direction, but from skipping steps and taking action. Next time you analyze the market, first ask: which step are we on in the trend, and don’t blindly open a position based on gut feelings!

The weak hands have already been shaken out of $ACU . If you're still HODLing, we can set our target at 1154!

Right now, you need to hold your horses and protect your capital, instead of chasing after FOMO and buying into whatever just because you see others making gains!

Today I'm eyeing $SQD , setting my stop-loss at 325, targeting 442, with a risk-reward ratio of 1:2!

Looks like my $CLO 0.06 has doubled since the setup, but not many can HODL through it, haha!

BTC has dropped this much, but with $XPIN still in profit, that's pretty solid, huh!

While BTC is taking a hit, altcoins are pumping. Do you think that's a good thing?

How many are still holding $ACU ?

What tokens are we watching today? Keep an eye on $XPIN , ready to moon at any moment, with a stop-loss at 1135!

The overall trend for $COOKIE looks solid; just set your stop loss around 118 while you're on the go these past couple of days!

On the first day of June, has $ACU gotten in the game? Finding coins is that easy!

$PORTAL Triple your stack in three days, this is already our N-th double up coin, haha!