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During the Bear Market of 2021, playing with 100k, now 10 million, easily making a hundredfold profit!
Master these three steps and easily increase your account by 10 times!
Step 1: Look at the trend first.
Step 2: Find the key position
Step 3: Look for the get on board signal.
Enter, Profit, Close Position, Exit
Details description, step one: first look at the status of a market data trend
There are only three possible outcomes in a major market: pump, Sideways, and down.
How to analyze the overall market situation? Look at the charts with a time frame of 4 hours or longer, such as the 4-hour chart, daily candlestick chart, or weekly chart (I personally prefer the 4-hour chart). Go long when there is a pump, short when there is a drop, and do not place orders when the market is sideways.
Step 2: Find the key level. Whether the market is pumping or falling, it will oscillate in a step-by-step manner, from bottom to top or top to bottom, like a bouncing ball.
And what we need to do is to enter at the starting point and exit at the next landing point.
How to find accurate steps has become the key, which is what we call the key level (main support/resistance level)
Step 3: Look for signals, usually in the big cycle, when you find the market, you should go, and look for trading signals in the small cycle to get on board.
Everyone has different skills in battle, mastering one or two is enough. What's more important is to quickly develop a trading strategy!
A complete trading strategy includes
:
(1) Target - What to trade;
(2) Position - How many Holdings;
(3) Direction - Long or Short;
(4) get on board point, at what point to trade;
(5) stop loss - when to exit a losing trade;
(6) take profit - when to exit a profitable trade;
(7) Countermeasures - How to deal with emergencies;
(8) The backhand - operations after the end of the transaction.