Fat Cat's article about trading systems is quite realistic. Many of the articles are about the pitfalls that people who have experienced them have walked out of, which is worthy of recognition. I would like to add one more thing, which may discourage many people, but it is also true, that is: even if you have built a trading system that is more suitable for you, there will be countless reasons that hinder your thinking and operations during the execution process. Firm execution does not mean that you will be able to do it well as long as you are extremely determined in your heart. In fact, if you can do half of it, most of the time it is already rare. It doesn't matter how much you make when you make money, but the difficulty is whether you handle it correctly when you lose money.
#btc #sats #rats #ai #铭文 The wealth code you want has been sent. Those who can understand it will understand it. Those who can't understand it can only pray for themselves. Don't make the wrong big trend. Just pay attention to the general direction after the key point comes.
In addition, the decline of the US market is enough. There is a great probability that it will continue to touch the previous high all the way up. BTC will keep up. I personally am optimistic about the sideways takeoff here. Where it goes in the end, we will see when it goes, and we will be ready for various responses.
If there are too many people going down here to pick up the car, I will not do this if I am a trader. The premise of doing this is that the main force will continue to pick up low goods after the high-level shipment, and then it will become a large band of 50,000 to 70,000. If it comes a few more times, it will be a rise and fall of 100,000 dollars. This kind of market is disgusting. It will be played to death by pulling back and forth at a small level.
Basically, the biggest black swan is that BTC is still one day away from falling by half. Put this expectation into the strategy response. It's all a small-scale bull market, all a small-scale bull market, extremely disgusting.
Most of the big investors I know have been screwed. They didn't lose money in the first half of the year, but they lost millions of dollars in the past one or two months. This is a glutton who stares at your account balance every day to make your universal bull market. After the contract is done for you, it will stare at your spot, and then a lot of garbage coins will be delisted and disappear.
Near the key breakthrough point, it will be smashed before the real pull, and pulled before the real drop. Recently, following the US stock market, the US stock market is likely to continue to rush to the previous high, and BTC will follow it to some extent. In the future, after the volume of BTC and ETH in the US market increases, the volume in the currency circle will only be enough to PVP in the white market, and it will not affect the future market much.
Finally, I would like to advise everyone that if you want to seize the opportunities in the future, you must know how to protect your principal before talking about profits. There is never a shortage of people who can make money in this circle, but what is lacking is the ability to control risks when risks may come. Let's encourage each other.
I haven't been here for two months, returning to life, focusing on honing my inner skills. As for the market, it is currently brewing a big trend, there's not much to say. True experts are skilled at waiting for big opportunities; ultra-short trading has extremely high requirements for traders. In terms of years, almost all fail, only those in mid-to-long-term big fluctuations can survive. This is the probability statistics after the natural battle of the market. The hardest thing for a person is self-awareness; most people overestimate themselves, while in reality, everyone is ordinary, always dreaming of one day becoming the chosen one. The truth is that even those who survive the wealth myths mostly belong to those who were lucky enough to follow a big trend, that's all. No matter how good your skills are or how good your mindset is, fundamentally, it’s the market that gives you the opportunity to seize. It’s not that magical. However, 99.99% of ordinary people basically know how to make money easily, but only 0.01% can do it well and achieve it. The fluctuations in the candlestick chart are simply the fluctuations of human nature, as well as the fluctuations of greed and fear, vividly interpreting the chase and panic selling. The market trends are countless, and there are many new and old investors, countless trading methods, but human nature remains unchanged.
#以太坊ETF批准预期 #山寨季何时到来? #美联储何时降息? #btc #eth It is still the previous big flag type callback chart, nothing to say, hold on to eat meat, the second half of the year will double the market.
This wave of bullish washouts is really miserable. Retail investors died without leaving much. If you still want to get your money back, please do spot trading. I would like to advise 99.99% of my brothers and sisters again that it is not that you cannot do contracts, but you must have extremely strict stop-loss behavior, and you must have a low multiple and low position. This market has never lacked people who can make money, but it lacks people who can prevent large drawdowns. At the same time, the only thing that can affect your operation is your own mentality and emotions. If you don't control this well, any technology or trading system will be useless. Don't look at the trading behavior as only a little bit. Buying and selling really reflects the comprehensive ability of a qualified trader. Don't expect you to be the chosen one. Don't worry, there is only one such person in ten thousand, which is almost impossible for you. Either you are a talented player who deserves this job, or you are an endurance player who never gives up and really works hard to learn and improve. Spend a lot of time reviewing. Many people can't do it well. Financial freedom is all delusion. Wake up, most ordinary people. You come to this circle to make money, not to gamble. Strategic and executive loss and big profit are more correct trading behaviors. The premise is that you already have such cognitive thinking in your head, so you can have positive operation behaviors, and finally bring corresponding more stable profits. That is, know, do, and get naturally, unity of knowledge and action, the best one is suitable for yourself, what do you think?
Oh, I only remember to recommend Pepe, WIF, and rats on Binance, and forgot to add the last sentence on aicoin. It's not too late to get on board now, just add positions when there is a pullback. Long-term holding will double the starting point.
In addition, if there is a pullback here, don't panic, add positions in batches. July is coming soon, and ETH's ETF trading is bound to trigger a market explosion, and the second main uptrend of the bull market will come at any time.
#btc #eth #Pepe #WIF #rats Now this position has made the bulls stupid, and the bears are ecstatic. There are two ways to go here. Long-term sideways fluctuations to pick up people on the train, then wash and adjust, or directly violently pull up in a short period of time to explode the bears, and not let more bulls get on the train, directly pulling away from the bottom cost. I don’t think the bull market is over, and I am firmly optimistic about the future market. I know that many people are about to give up, and even play contracts without stop losses. Many people are trapped in the spot market, about 50% of them are trapped. Now the panic value has reached 30, which is an extreme panic. The altcoin index has fallen to around 20, infinitely close to the bottom area. There is nothing much to say about the altcoin. You can buy it casually. Don't be afraid. The market will definitely double in the later period. There is no need to panic about Bitcoin and Ethereum. Add positions boldly. Now is the time to test you the most. You are doing the opposite of most people. Many bulls can't stand it and are forced to join the shorts. The purpose of the main dealer has been achieved, and it is not far from the real bull market. July is a rising month every year, without exception. It just happened that ETH's ETF trading started at any time in July. A large amount of funds flowed into ETH every day, taking over from BTC to help the second round of the main rising wave to pull up the market. The high-quality cottages were cut in half to 50-80%, which attracted the main dealers. If you don't buy, they will buy hard. It can be seen from this wave of thousands of points that the cottages did not follow the decline. One is that they fell too much and could not fall anymore, and the other is that they were bought up by the main dealers to resist the decline. So what are you afraid of? If the off-market funds continue to come in, the second half of the year will definitely be full of harvest. Of course, nothing is absolute. If the waterfall here still falls through the bullish trend of the big trend, there is nothing to say. Most of the spot will be reversed in the second half of the year. I strongly recommend three series of memes: Pepe, WIF, rats.
#rats #meme #行情反转在即 Now retail investors will gradually become smarter after this round of negative decline, and start to play only fully circulated coins, meme coins, and deflation coins. The cost and price of these coins are transparent, and the positions are transparent. There are no locked and unlocked bombs. It is impossible to take over again. If you take over again, you will be hopelessly stupid.
For the same target, why do we have to choose those VC coins with high market value and low circulation? Taking the initiative to take the bomb can only be dead. It is better to rely on yourself than on others. Don't trust anyone in this era. Gamblers and scammers gather in the square. Newbies are deceived and have a hot head and are addicted to gambling. Veterans watch the show and drink tea. Just participate in what you can understand.
Rats has fallen nine times, taking the lead in starting. This kind of decline is very cost-effective. Before, the cost of bottom-fishing was not much different from that of the big dealers. How comfortable it is, just wait for the pull to fly and eat meat. The chain was pulled from 720 to 810 an hour ahead of the exchange. The contract only increased by 7 million yuan, but the funding rate was still the lowest value, which was completely different from before. I won’t say more if you understand.
I also watched the chat between everyone and He Yi in the square. In fact, it was more of a helpless feeling.
Some people compared the many newly launched high-market-value and low-circulation coins that were unlocked and smashed almost all the way after they were launched, such as Omni, and the once-popular rats that were only listed on contracts but not on spot. Even now, the trading volume of rats, which has fallen so sharply, is still much stronger than many VC coins.
The explanation is that they don’t want Binance users to take over. This is a bit far-fetched. What coin is listed on Binance is not a takeover? It’s just that Binance didn’t get a large number of low-priced chips for rats, while many VC coins can allow Binance to get a huge amount of low-priced chips for free. It’s clear at a glance.
To put it bluntly, this round of decline is the result of the exchange and the big dealers’ interests smashing the market together, because most people’s spot is in the hands of Binance wallets. Binance is the account with the largest holdings of all currencies.
However, knowing is knowing, making it clear is making it clear, what can you do with it? Will it admit it? It will only say that it has nothing to do with me, so who made the money? Everyone knows it. Will it improve? It will only continue to suck blood in a gentle way. This is also a round of deep thinking for retail investors and exchanges. No one knows what the future will be like. Cherish it while you are still alive. As retail investors, you can only protect your wallet more seriously than before to break through the siege. 🤔
#美联储何时降息? #meme板块关注热点 Now most people can't stand it, right? That's right. The more panic the market is, the bigger it is. The dishes are washed very clean. As long as the market doesn't go bearish directly, the big V Tianlong here will be very exaggerated.
Be patient and hold it. Those who are cutting their losses now are those who will chase the rise in the future. The more it falls here, the happier you should be. There are cheaper chips to pick up. Only the leeks are more panicked as the market falls. The good cost is copied from the fall, not from chasing highs and rising. That kind of behavior is the main dealer hanging you on the wall for barbecue. It is the right way to embrace trading against human nature.
Human nature likes to chase ups and downs, likes to run when it is profitable, likes to hold contracts, and likes everything that is easy and lazy. On the contrary, it is difficult for people to do those stop-loss behaviors that make you extremely uncomfortable and those behaviors that are extremely roller coaster. These are things that are getting farther and farther away from great wealth.
Hold the currency patiently, and those with extra money can continue to buy the bottom in batches. The more scared you are, the more you should boldly buy the bottom. Even you and your netizens have begun to drift, and the market has come to an end. It is time to run away.
The daily line has already stepped back to the most critical ma120. The big V Tianlong will take off at any time. Short sellers should close their positions early. Those who are optimistic about the future market should boldly add positions and cover their positions. Don't panic. The market is currently full of pessimism. This is the best time. Only one big positive line is needed for the market sentiment to go crazy. ETH has adjusted more than 10 points, and BTC is also close to 10 points. The most worthwhile position is to do it. Don't be timid and do it. Unless this round of bull market ends directly from here, this is the bottom range of the stage. The strong altcoins have fallen by 40-50%, and the weak ones have fallen by 80%. How much can they fall? Another 10% drop is the best, which is not much different from zero. The cost performance is very good. This is the best time to grab the bloody chips from the main dog dealers. In July, ETH's ETF will start trading. You can refer to BTC's callback after passing the ETF and breaking the new high trend. The future market is promising. The bold will die of overeating, and the timid will die of starvation. Fortune and honor are sought in danger. Life and death are indifferent. If you don't accept it, just do it.
Profits always take care of themselves, but losses never automatically settle. ——Jesse Livermore
Losses are the prerequisite for profits
Trading profits, in the final analysis, must be achieved by capturing trends. Trading technology is trend prediction technology. Even in a volatile market, the so-called "reversal" is based on a low-level trend with a small stop loss and a high profit-loss ratio near the false breakthrough position.
The premise of trend trading is to grasp the profit-loss ratio. A good profit-loss ratio must first confirm the position and amplitude of the stop loss-that is, to make a successful transaction, the first thing to do is to solve the problem of losses.
Only when you know what the most unfavorable situation is, can you really place an order. After placing an order, even if the result of the transaction is "-1R", it is a correct transaction. At this time, losses are also a correct component.
Van Tharp once said that the fun of trading lies in the possibility of losses. The purpose of trading is not to make a profit, but to abide by the trading system. Under the constraints of the trading system, misjudgment of market errors must not be a real error.
A single loss only represents the loss of an individual position, not a failed transaction. Losses are an inevitable part of trading, and traders must accept them calmly.
Only when trading gets out of control and a small loss turns into a big loss, will a trader really fail.
Losses must be accurate
I once read a sentence in the Rockhawk Trading Method: The biggest secret to growing a trading account is to avoid losses.
The axiom that really makes traders successful is the compounding effect, and the deep drawdown of the account net value is the biggest enemy of the compounding effect. Under the protection of a viable trading system, the only reason for a deep drawdown in the account is uncontrolled losses.
Before starting to win, traders must learn to stop losses. Failure to correctly view losses often means that traders are unwilling to accept the reality of losses. And unwillingness to accept the reality of losses often means that the scale of losses will become larger and larger.
Once a transaction has failed, it must be admitted and immediately admitted to the loss. The key to winning in trading is not to lose too much when losing. If the loss position can be admitted, profits will naturally accumulate.
Losses can occur, but they must be controllable and precise.
The current market is slowing down. If there is a big positive V-shaped dragon at any time, the bull market will officially start. If your position is full, you must be patient. If it drops a little, just fill it up directly. The market will double in the future. Don't pay too much attention to the small fluctuations of dozens of points. Now it will be a horizontal line in the future. ~
Less participation in volatile market, more learning for those with positions:
"Six Iron Laws of Cryptocurrency Circle"
1. Only participate in the irreversible upward trend of the market "Only participate in the irreversible upward trend of the market", the market is the fact, the market cannot be doubted, cannot be challenged, and the trend is irreversible. As an investor, you must dare to admit mistakes, correct them at any time, reject uncertain market conditions, and do those that the dealers must also follow. You must know how to go with the flow.
2. Refuse frequent transactions The casino is open 24 hours a day, so there is no need to open orders frequently. There are many logics such as timing, trial and error, and position control. What we advocate is to wait for the perfect opportunity like a hunter, rather than investing randomly when you see the prey.
3. Don't be superstitious about technical indicators First of all, we must admit that any technical indicator has its lag. For example, when the MACD indicator sends a golden cross buy signal, in fact, the currency has already risen for a wave, and when the golden cross appears, it is very likely that you are the receiver!
4. Forget the cost price when buying When you start shorting or going long, his cost price has nothing to do with any subsequent operations, because whether to sell depends on the market trend and has nothing to do with whether you are still profitable now. If the pattern is good, continue to hold, and if the pattern is bad, reduce the position or even clear the position.
5. Participate with funds you can afford to lose. Investing with spare money in cryptocurrencies is risky. Investors can increase their investment after mastering the tricks of making profits in the game. Before that, you must participate with funds you can afford to lose. Borrowing money often leads to bad losses!
6. Withdraw money on time if you make a profit. Without withdrawal, everything is a number. Investors in the currency circle are like gamblers who have not walked out of the casino. Even if they make a lot of money temporarily, they are not considered winners. Only when you withdraw cash from the market and get out, can you say that you have the last laugh. In the currency circle, it is a good habit to withdraw money on time.
Market makers can no longer wait. No matter what good or bad news comes out, they will directly pull the market. It is also a cost to occupy funds for too long.
After the last wave of washing, the bull market will start. They will do their best to pull the market if there is any good news. In essence, they must pull the market. The news is just a cover. It is the kind of main rising wave. After the small correction, it is not easy to have a big correction.
This situation is more common after the interest rate cut. Cherish every golden pit of 10-20% of Bitcoin and Ethereum, and 25-50% of the altcoin.
Full position and wait for takeoff. In my personal opinion, I am optimistic about the dot matrix after midnight. It is expected that there will be two interest rate cuts and it will continue to pull the market. The shock washing has vomited. The long and short positions of high and medium multiples are almost exploded. It is too difficult to explode with low multiples and low positions, and they deserve to make money.
I would like to recommend some counterfeit brands, such as rats, Pepe, WIF, ena, bigtime, arkm, phb, polyx, om, lever. They are expected to perform well in the future, so you can choose the ones you like.
I personally think that trading can be divided into several periods. Those who can survive are not far from graduation:
1. The period of self-expansion. If a newcomer buys the right one, he thinks he is great. If he buys the wrong one, he thinks he is unlucky. I can do better next time. . .
2. The period of self-doubt. Constantly torturing yourself in right and wrong. From the operational point of view, most of them have resistance to orders, no stop loss, liquidation, and self-cutting. Explore a trading system that suits you and test your deep understanding of the market.
3. The period of self-awakening. Really find out your own problems from right and wrong and correct them. Try to only do relatively correct trading behaviors and avoid relatively wrong trading behaviors. The self-correction ability and learning ability are extremely improved, similar to epiphany.
4. The period of self-stabilization. Occasionally, you will adjust your trading system, but the trading style is basically the same. Trading is no longer for life, but a process of self-affirmation. Making money is just a by-product. It is more of an acceptance and enjoyment. You accept occasional failed transactions and enjoy every successful harvest.
But most people died before dawn, unable to survive the most difficult hell Shura field in trading and human nature.
I was there in every round of bull and bear market, but many old friends have disappeared in the vast crowd. The only difference is that I mainly play spot and low-multiple contracts, and never touch high-multiple contracts, or never hold a heavy position.
The dumbest and smartest way for ordinary people is to hold the hot spot leader at a low position, and sell it in the late bull market to make a lot of wealth, surpassing more than 90% of people. What we want is the result, not the process. Patience is gold, I hope everyone has it.
This is a hell of a field. There is a world of difference between people who are capable of making stable profits and people who are all-in gamblers. The most difficult thing is to patiently wait for each big opportunity to come before entering the market. It is as difficult as how ordinary people can truly cross the class transition from material to spiritual.
In the last market maker conference, the big market makers and the big main players ran away together, and were unwilling to take the small and medium market makers and the small and medium main players off the bus, trapping a large number of small and medium market makers and the small and medium main players. Everyone can't wait any longer. This wave of joint longs does not include the big market makers and the big main players, and each plays their own game. However, after the market trend is formed, the opinions must be consistent and long, but the big market makers and the big main players have better costs and are more unscrupulous.
There will be a callback of about 10-20% in Bitcoin and Ethereum in the future, and the cottage will also have a larger rise and fall, and the 25-50% will not be uncommon. All are golden opportunities. Everyone should seize the low-long opportunities. I won't remind you so frequently in the future.
If there is a callback of short orders, leave quickly and look for opportunities to go long. The big trend has just begun, and there are still many opportunities. Don't just fight with your short orders.
The market is coming as expected, the daily line is going very well, enjoy the sowing and harvesting patiently, and spend the rest of the time on life, reading books, going out to play, eating well, raising small animals, spending time with family, etc. Don't spend most of your time staring at the market, a good transaction will give you more time, free your hands and brain, the outside world is very exciting, go out more to change your fortune, change your mood, a bumper harvest in the second half of the year is waiting for patient sowers. ~