Hello everyone, I am Wei Ge! A few days ago, I saw an article on a certain platform with the title 'The Dumbest Method of Trading Coins That Can Keep You Profiting Forever.' I was curious, so I opened it and read it. The content was very simple, quite common, but also extremely valuable. Today, I will explain to you that once you understand and comprehend it! Small capital with high returns can grow from tens of thousands to millions with this highly effective method. Who wouldn't want to use such an effective method? Today, Wei Ge has collected this method and technique for everyone! Whether it is effective, you can judge for yourselves.
It is said that many beginners have learned an essence from him and have gained corresponding rewards. So today, let's learn together what is different about this method and what unique aspects it can offer. If we find it good, we can save it for learning and application. If we think it's not good, then we can just take a look.
Initially, its original text is like this: the first step is to look at the trend, the second step is to find the key positions. The third step is to find the entry signals. Is it really that simple to enter, profit, and leave? It looks quite simple. However, this theory is also valid, but if you want to implement it, there is a lot of knowledge to acquire. Many beginner novices may not understand it at all or may not comprehend some of the meanings behind it. So let Wei Ge explain it to everyone.
First, the first point is to look at the trend. The major market can result in three outcomes: rising, ranging, or falling. What is a major market? Look at the charts with timeframes above four hours, like four-hour, daily, or weekly charts. Personally, I tend to focus more on the four-hour chart. In a rising trend that resonates, we should long, while in a falling trend, we should short, and in a ranging market, we should be cautious.
The second point is to find the key positions. Whether the market is rising or falling, it will bounce like a bouncing ball, jumping from one level to another. What we need to do is to enter at the position where it starts to jump. How about exiting at the next landing point? Finding its precise steps becomes a key, which is what we refer to as key positions, namely its support and resistance levels.
The third step is to find signals. Generally, if you discover a market trend in a larger timeframe, you can look for trading signals in a smaller timeframe. Why do this? You might not understand why I am looking for small signals when I am looking at the big picture. This process of finding small signals from large ones and comparing them repeatedly may seem troublesome, right? But it is actually very simple; all timeframes complement each other. Remember, the larger timeframe determines the direction, and the smaller timeframe pushes the fluctuations of the larger timeframe. So when the current larger direction is positive, we need to understand that in a rising trend, we can look for a smaller timeframe to find a more precise and refined position that aligns with our entry point. Notice that everyone has different strategies for entering the market, and mastering one or two methods is usually sufficient.