New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The capital amount is around 3000U, so there's no need to gamble on extremely risky contracts or altcoins. Today I want to discuss a straightforward spot trading approach that has survived—controlling drawdowns and steadily rolling positions. Some people have turned a few thousand dollars into a million using this method. It boils down to four core steps, with simple and actionable logic.
**Step 1: Choose a coin and focus on a signal—Daily MACD zero-line golden cross.**
Don’t be led astray by various news; signals on the candlestick chart are often more honest than headlines. A golden cross at the zero line indicates bullish momentum is just beginning, and this stage offers relatively more tolerance for errors.
**Step 2: Only watch the 20-day moving average for your position.**
The purest spot trading logic—hold tight when the price is above the moving average; exit if it breaks below. Don’t hope for a rebound; breaking the line and exiting is the baseline, not a suggestion.
**Step 3: Entry requires volume and price resonance.**
When the price breaks above the 20-day moving average, trading volume should also increase simultaneously. Only with both signals aligned can you go all-in. Take profits in stages: reduce half when gains reach 40%, sell 30% at 80% gains, and if the remaining position falls below the moving average, close all.
**Step 4: The only consistent stop-loss rule: if the closing price falls below the 20-day moving average, you must clear your position on the second trading day regardless of market conditions.**
A lucky counter-move can wipe out all previous profits; missing the opportunity isn’t as scary—wait until the moving average recovers and re-enter.
This approach may seem a bit simple, but for retail traders, it’s actually the easiest to stick to. Just like with some hot coins in the past—precisely capturing signals to enter, strictly controlling position size and risk—can help you ride the main upward trend.
Market opportunities never run out; what’s missing is disciplined execution. Sticking to this system is the way to avoid getting chopped up by the market.