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Lost 300,000 in oil, let me share my insights on technical analysis. Three years ago, I entered the cryptocurrency world, and my quality of life has deteriorated day by day. I used to live comfortably, with a decent salary, a house, and a car. After three years of turmoil, my house is mortgaged, and I owe more than 2 million in debts, with my salary not enough to cover the loan repayments. To reduce my debt, I changed my mindset and decided to share my insights on technical analysis and trading experiences. Through these years of market education, I have seen some truths that are closer to the market reality. I believe most people start learning about technical indicators when they first enter the investment market, thinking that once they learn these indicators and see the signals, they can make money. After studying diligently for a while, they start practicing and find that there are often false signals, leading them to question whether the indicators are faulty. They then switch to another indicator to continue their research. After learning a bunch of indicators, they still haven't made any money. Where is the problem? The truth is that indicators are not useless, but they tend to lag behind, often reflecting market conditions with a delay. By the time you see the indicator signal, the market may have already moved significantly. When you jump in to trade with the trend, the market might very well reverse. Through this experience, I found that the best way to reflect market conditions in a timely manner is by looking at naked candlesticks plus trading volume. This directly reflects the current buying and selling conditions in the market, especially in the contract market. Shorter candlesticks combined with larger trading volumes often indicate that the market is about to reverse. At this point, the indicator signals might appear, but they are often not suitable for trend trading. Of course, counter-trend trading might not be appropriate either; one should wait for a period of consolidation. After the market makers have finished washing out positions, entering trades will greatly increase the odds of winning. Of course, mastering these rules takes time through practical experience. There are many more techniques, such as: order walls, funding rates, open interest, etc. In the future, I will continue to share, hoping that we can improve together and view the market more accurately. #技术分析方法
Lost 300,000 in oil, let me share my insights on technical analysis.
Three years ago, I entered the cryptocurrency world, and my quality of life has deteriorated day by day. I used to live comfortably, with a decent salary, a house, and a car. After three years of turmoil, my house is mortgaged, and I owe more than 2 million in debts, with my salary not enough to cover the loan repayments. To reduce my debt, I changed my mindset and decided to share my insights on technical analysis and trading experiences.
Through these years of market education, I have seen some truths that are closer to the market reality. I believe most people start learning about technical indicators when they first enter the investment market, thinking that once they learn these indicators and see the signals, they can make money. After studying diligently for a while, they start practicing and find that there are often false signals, leading them to question whether the indicators are faulty. They then switch to another indicator to continue their research. After learning a bunch of indicators, they still haven't made any money. Where is the problem? The truth is that indicators are not useless, but they tend to lag behind, often reflecting market conditions with a delay. By the time you see the indicator signal, the market may have already moved significantly. When you jump in to trade with the trend, the market might very well reverse. Through this experience, I found that the best way to reflect market conditions in a timely manner is by looking at naked candlesticks plus trading volume. This directly reflects the current buying and selling conditions in the market, especially in the contract market. Shorter candlesticks combined with larger trading volumes often indicate that the market is about to reverse. At this point, the indicator signals might appear, but they are often not suitable for trend trading. Of course, counter-trend trading might not be appropriate either; one should wait for a period of consolidation. After the market makers have finished washing out positions, entering trades will greatly increase the odds of winning. Of course, mastering these rules takes time through practical experience.
There are many more techniques, such as: order walls, funding rates, open interest, etc. In the future, I will continue to share, hoping that we can improve together and view the market more accurately. #技术分析方法
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Contract loss of 300,000 oil, the house is mortgaged, and my monthly salary is not enough to pay off the debt. To my friends who are still struggling in the contract market, I suggest you stop pouring money into it. You think you can earn it back, but in reality, you will only lose more. Three years of personal experience tell me that even if you can make money in contracts, in the end, you will lose everything in one bad decision. I have experienced multiplying my investment several times in one night, and I have also continued to invest after multiplying my investment, only to have my position cut in half, then opening new positions, and finally losing everything. Then I cried while borrowing money to continue investing, and everyone should know the result, which is once again waiting for you at zero. I am a college graduate, not illiterate, and I have researched technical analysis diligently, and I have summarized my own trading methods, so I am not a novice. However, after three years of research, I have not made money from contracts; instead, I have made profits from casually buying spot commodities. Therefore, I advise everyone that if you think your abilities are stronger than mine, and you can persist longer, you might be able to break out of the predicament after a few years. Of course, by then, you will have already paid a heavy price: enormous debts, and your mental and physical health will be severely damaged. But if you think you are not as capable as I am, are too lazy to research, and want to get rich in contracts, I’m sorry, that is impossible. What awaits you is only more losses, ultimately leaving you with nothing. I am sharing this information not to scare you, but to share my personal experience. I hope it helps you a little. At the same time, I will continue to share my insights and technical analysis methods, hoping to progress together with everyone. If I am lucky, I hope my sharing can bring me some income to help reduce some of my debts, and I hope I can slowly get out of this situation. I also hope you all can do the same! #交易心得
Contract loss of 300,000 oil, the house is mortgaged, and my monthly salary is not enough to pay off the debt.
To my friends who are still struggling in the contract market, I suggest you stop pouring money into it. You think you can earn it back, but in reality, you will only lose more. Three years of personal experience tell me that even if you can make money in contracts, in the end, you will lose everything in one bad decision. I have experienced multiplying my investment several times in one night, and I have also continued to invest after multiplying my investment, only to have my position cut in half, then opening new positions, and finally losing everything. Then I cried while borrowing money to continue investing, and everyone should know the result, which is once again waiting for you at zero.
I am a college graduate, not illiterate, and I have researched technical analysis diligently, and I have summarized my own trading methods, so I am not a novice. However, after three years of research, I have not made money from contracts; instead, I have made profits from casually buying spot commodities. Therefore, I advise everyone that if you think your abilities are stronger than mine, and you can persist longer, you might be able to break out of the predicament after a few years. Of course, by then, you will have already paid a heavy price: enormous debts, and your mental and physical health will be severely damaged. But if you think you are not as capable as I am, are too lazy to research, and want to get rich in contracts, I’m sorry, that is impossible. What awaits you is only more losses, ultimately leaving you with nothing.
I am sharing this information not to scare you, but to share my personal experience. I hope it helps you a little. At the same time, I will continue to share my insights and technical analysis methods, hoping to progress together with everyone. If I am lucky, I hope my sharing can bring me some income to help reduce some of my debts, and I hope I can slowly get out of this situation. I also hope you all can do the same! #交易心得
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Pie market: Monthly bullish; Weekly bullish; Daily bullish, about to increase volume; 4-hour bullish; 1-hour bullish, no callback; 15-minute bullish, no callback Summary: Pressure level: Let's talk about it when the monthly Fibonacci position is reached; Support level: 92000 low 1 hour ago/93000 low 15 minutes ago. Order suggestions: Short short at pressure level; short long at support level, can bet on long-term; set a good stop loss. #比特币行情走势分析
Pie market:
Monthly bullish;
Weekly bullish;
Daily bullish, about to increase volume;
4-hour bullish;
1-hour bullish, no callback;
15-minute bullish, no callback
Summary:
Pressure level: Let's talk about it when the monthly Fibonacci position is reached; Support level: 92000 low 1 hour ago/93000 low 15 minutes ago.
Order suggestions:
Short short at pressure level; short long at support level, can bet on long-term; set a good stop loss. #比特币行情走势分析
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