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I've been trading for nearly eight years.
The peak time was still 19 years ago
In the past six months, the small amount of funds has made nearly 100 times the profit
Many people talk to me about technical analysis. After 8 years, I can be considered a qualified veteran.
Who doesn’t know how to look at technical analysis, resistance and support levels after a few years of trading? But I dare not rely on technical analysis. I only firmly believe that doing T and position management are the key to making money.
At my peak, I made hundreds of thousands of dollars with a few thousand yuan of real money. I started to study technical analysis seriously, but eventually it was all back to zero.
The price of Bitcoin is 67,000, and the support level is 59,000. If it falls below that, there is still a support level of 56,000. When it fell below 50,000, all the big Vs came out and said 49,000 was the strongest support level, and a correction was necessary. Finally, it fell below 20,000, which slapped countless technical analyses in the face, countless so-called supports, divergences, and golden crosses. Can you please explain to me from a technical perspective why a 2x flat price would be blown up?
So I think only position management and T-trading can help you survive.
The simplest one is 68000 when I started shorting. I didn’t lose a penny at 70500, that is, I did T, and kept adding and subtracting. I could really hold the short position at 68000 until 90000, but if I didn’t do T and kept adding positions, the price might explode at 75000, and finally it fell back to 60000.
You said you were looking in the wrong direction. No, that's not right.
It has indeed reached 60,000, but your position is gone. What is the difference between losing tens of thousands and earning tens of thousands?
If you want to make money from contracts, you must first understand how the market squeezes your money out. In fact, it is to manipulate human nature.
More than 90% of people in the cryptocurrency world lose money. If we want to be in the 10%, we must first overcome human nature.
Come on, let's grow together