Survival rules in the currency circle - whoever survives will be the king!
First: Capital first! Always remember that keeping the capital is the key to your survival in this market. Saying it three times is not enough! Many people only think about making money, but ignore the risks, and are taught a lesson by the market.
Second: Don't be greedy, make stable profits. In fact, as long as you are not greedy, it is not difficult to make money, and stable small profits are more reliable.
Third: Concentrate on varieties, leave room for positions, and follow the trend. Never be full, once the market reverses, your retreat will be gone.
Fourth: Don't hold a heavy position, don't hold on, and don't operate frequently. These are all good habits to leave a way out for yourself.
Fifth: Buy slowly, sell decisively, and don't delay stop loss. There are always opportunities, but missing the stop loss may make you return to the pre-liberation era overnight.
Sixth: You can't make all the money, but you can lose it all. Don't think about eating up all the profits, the market may slap you back at any time.
Seventh: Stop loss must be executed, unconditionally! Stop loss is always right, and dragging it out will only make things worse.
Article 8: It is better to take profits in the pocket than in the short and long term. What you get is the most stable, don't be greedy and think that the market will go on forever.
Article 9: The market will always turn around. This will never change, don't imagine that the trend will not reverse.
Article 10: Don't trade if there is no opportunity. Missing opportunities is the norm, just grab a part of it, don't think about getting all of them.
Article 11: Waiting for opportunities is always better than looking for opportunities. Patience is the biggest weapon of the winner.
Article 12: Stop when you achieve your goal, your energy is limited! Don't think about making money all day, and rest when you achieve your goal.
Article 13: Stop loss is your responsibility, and profit is the gift of the market. Don't get confused, the market doesn't owe you anything.
Article 14: Money comes from waiting, not from frequent trading. Don't think about making 100 times a day, the real profit comes from waiting.
Article 15: Desire can defeat your mentality, and execution can save you. Strictly follow the trading strategy, don't be led by emotions, and achieve unity of knowledge and action!
These rules seem very simple, but it is very difficult to implement. Only those who can really do it can become the ultimate winner!
The current cost of JUP is around 0.81. It surged to around 0.939 and then fell back to 0.868. The highest point of two days has reached 16% points, and it has broken through the triangle. If it rushes back to the triangle trend, it may return to around 0.73 and then surge again.
Be cautious in trading and wait patiently for the right time
If you don't understand the market, it's best not to open an order easily!
A high-level pullback is often the beginning of a callback, but there is also a saying called "suppression-style pull-up", which attracts shorts to replenish fuel and allows some long-order profit-makers to close in advance, making the "car lighter".
Before the market direction can be determined, the best choice is to wait for one night, regardless of whether it goes up or down, and make a decision tomorrow.
If the direction is still unclear tomorrow, then let's talk about it the day after tomorrow, and just wait. If there are no chips near the previous low or high, it is likely that both long and short positions will be wrong if you enter rashly. There is no need to pursue eating the head and tail of the fish, just eating the body of the fish is also a kind of wisdom. To trade, you still need some patience.
In the current market, the rapid rise and pull are the focus of almost everyone. At this time, people often chase the rise and sell the fall, becoming cannon fodder in the market. Retail investors are all holding the mentality of making a quick buck and leaving, while professional institutions are thinking about using this mentality of retail investors to cut your leeks. When the dealer can pull up the market crazily, he will only give you a few minutes to make a decision at the top. Often after the market rises, retail investors will be late to chase the high, and the market will reverse and fall, and you will be too late. Such a market needs to be vigilant enough, and don't exchange the pain of being trapped for a moment of urgency.
The market keeps going up and down, I wonder how many people will be killed? In June, it hit 70,000 once In July, Trump's speech hit 70,000 once Plus this time
Every time, the whole network fomos and then starts to smash
$NEAR is currently priced at 5.06, and the spot price is 5.06.
On-chain#memehas a money-making effect. If it continues to gain momentum, the probability of the main force moving with the help of $SUI and $APT is very high. The current price does not pose much risk, and the profit and loss ratio is appropriate.
In the eyes of the project team, issuing coins is the starting point, and only when the main network is established can it be connected with the world. However, in the eyes of the Mao party, issuing coins is the end point, which means that both parties will part ways.
1. Mindlessly rushing to buy local dogs, thinking that the mainstream of all-in-one cannot make money, so rushing to buy local dogs, not running away when making money, and holding on to losses
2. Heavy positions with high leverage. In a bull market, people's leverage is getting higher and higher, and their positions are getting heavier and heavier. Once the positions are liquidated, they will return to the pre-liberation era
3. There are more Pixiu disks, and the number of people being deceived increases
4. Hackers are more rampant, and the theft of coins on the chain occurs frequently
5. Give coins to KOLs, and finally the meat buns beat the dogs
The fourth quarter can only be regarded as the starting point of the bull market. The US presidential election on November 5th, the market started early. This is normal.
The real bull market usually releases money after the economic crisis, and it is expected to be more obvious next year.
If the crisis does not come, it will continue to rise after a soft landing. The four-year economic cycle was only halved in April this year. What is there to be afraid of in the next two years!
After so many years of trading, my feeling is that trading technology may be just a math problem in the end, or it can be classified as statistics.
In the historical market, what everyone thought and did, we can summarize the rules, and then use these rules to create our own trading strategies, put them into the historical market for a large number of replays, and calculate the transaction data, and then adjust our trading details through these data, and finally execute them step by step.
At this time, we have to think about trading technology and human nature together.
For example, human nature is greedy, so our technology must be restrained to prevent ourselves from entering the vortex of greed and causing losses.
For example, human nature is averse to losses, so our technology must also strictly stop losses to prevent ourselves from causing greater risks due to aversion to losses.
For example, human nature is to hope to make profits forever and make huge profits forever, so our technology needs to be rational and pursue a certain success rate, but we cannot require all transactions to be successful.
For example, human nature likes to gamble and likes to play poker, so our trading technology needs to be restrained, we need to control our positions and keep our mentality stable.
Smart businessmen always make limited profits, because huge profits are difficult to sustain for a long time.
Good technical analysis must also have some advantages and disadvantages, and must be restrained, not greedy.
If you are doing swing trading, "60,000 long, 66,000 take profit, 57,000 stop loss" is the same as "70,000 long, 77,000 take profit, 66,500 stop loss".
Both take profit of 10% and stop loss of 5%.
If you are doing so-called long-term trading, you can use the DCA method to invest in the price you think is at a low level.
What kind of market can be called a meme coin super cycle? At least the following key indicators need to be met:
- The total market value of the meme coin track reaches or exceeds 300 billion US dollars, which will be about 5-8% of the total market value of cryptocurrencies at the peak of the bull market in this cycle
- At least one meme coin with a market value of more than 100 billion US dollars appears
- 5-10 meme coins with a market value of more than 10 billion US dollars appear
- At least one meme coin reported by the global mainstream media, sought after by celebrities and celebrities, and fomo by the whole people appears
How to select dark horse coins with large gains in the current market?
Since it is a dark horse, it should have these characteristics:
1. The market value cannot be too large, and it must be less than 100 million U.
2. At least it is listed on several second-tier exchanges for safety padding, and of course there are trading pairs listed on Binance, such as Myro Rats NEIRO.
3. The dealer must have recently absorbed funds to prepare for the subsequent pull.
4. It is best to be a new coin that was launched in 24 years or an airdropped coin such as PIZZA DOG.
5. Study the chip structure. The dealer has a high degree of control over the market, and retail investors have been almost washed out.
6. The dealer has money, strength and resources. It is best to have successfully operated projects before. For example, the dealer of Dog is the Rune Stone project party, the dealer of Pizza Sats is the Unisats project party, and the dealer of Neiro Ordi is Binance.
Summary: low market value + strong dealer has money + good background + good resources + high control + sufficient washing + new coins = dark horse potential coins
1. As long as the principal is there, you have a chance every day
2. You are here to make money, not to lose money. Don't force yourself to open an order every day
3. Most of the time, you are waiting, and only a small part of the time is used for trading
4. The best operation strategy in the currency circle is to wait and not be greedy
5. Position management is crucial. Maybe you can't make a lot of money, but you can definitely save your life
6. You always have the opportunity to enter the market, but please bring a stop loss to enter the market
7. You are not a god, and you must forgive your mistakes
8. Don't trade in the currency circle with the mentality of getting rich overnight and gambling. Maybe you can win for a while, but if you want to make long-term profits, please reduce your desire.
In making money in the currency circle, the tactics and operations are actually the simpler the better. Sometimes the more you learn, the more you lose. A bucket of water doesn't make a sound, but a half-bucket of water makes a sound. I hope everyone will slowly build their own trading system. Learning and growth are the guarantee of continuous profitability in the currency circle.