Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#密码资产动态追踪 Let's talk about how to bring your crypto trading life back to normal
I'm not a big influencer; these returns are nothing for true experts. I'm just an old trader with a resume full of liquidations and pitfalls.
Last year, a brother with $2,400 in capital came to me complaining, wanting to recover previous losses. I didn't talk about complex theories like moving averages or MACD, just shared the three rules I learned from my failures.
He followed these rules for 3 months, and his account grew to $63,000, with zero liquidations during that period. How effective these "life-saving rules" are depends on how deep your respect for the market is.
**Capital Division: Separate your funds into three independent parts**
Split $2,400 into three portions of $800 each, no intermingling.
First part: Intraday short-term trading. Max 2 trades per day, then close the app and don't watch the market.
Second part: Wait for trends. If the weekly chart doesn't show a bullish pattern or there's no volume breakthrough of key resistance levels, stay flat and hold cash, waiting for opportunities.
Third part: Insurance fund. When the market hits extreme conditions risking liquidation, use this money to add to positions and prevent the account from going to zero.
**Trade with only one wave of the market: Three entry signals are essential**
If the daily moving averages are not in a bullish arrangement, do not trade.
For mainstream coins like $CC, only enter small positions when volume breaks previous highs and the daily close is stable.
When profits reach 30% of the principal, withdraw half of the profits, and set a 10% trailing stop on the remaining position to lock in gains.
**Emotional control: Trading discipline is strict**
Write your trading plan before entering. Set a stop-loss at 3%, and once hit, close automatically—no negotiations.
When floating profits reach 10%, immediately move the stop-loss up to near the cost price.
Force yourself to shut down the computer at midnight every night. If you can't sleep, uninstall the app. Don't let emotions drive reckless actions.
Markets are always there, but if your capital is gone, there's no chance to turn things around. Master these three rules first, then study wave theory and other indicators—it will be more meaningful.
Secure your basics first, then think about advanced strategies.