🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
In the cryptocurrency market, a trader shared his successful experience, calling it the "Three Axes" strategy. This trader claimed that through this method, he grew his principal of 8000U to 120000U, with an account take profit rate close to 85%, and he has not encountered any significant losses.
The trader emphasizes that his method is simple and practical, focusing only on a specific trading pattern, and he only enters the market when he sees a clear opportunity. He stated that through this method, he has maintained a win rate of over 90% for five consecutive years.
This "Three Axe" strategy includes the following three core steps:
1. Focus on capital flow rather than candlestick patterns:
Every morning, this trader analyzes the capital flow of mainstream encryption currencies, observing which coins are attracting funds, which are flowing out, and which are remaining unchanged. He believes that as long as "smart money" is still in, there is an opportunity to trade.
2. Use a diversified trading approach to avoid betting on a single opportunity:
He is accustomed to dividing each trading opportunity into three positions. First, he tests the waters on a small scale, then increases the investment based on the situation, and finally locks in the profits. He emphasizes that the stop loss for a single trade should not exceed 2%, and he adds to his position when there is a clear direction, exiting immediately in case of a wrong judgment.
3. Reverse thinking, grasp market sentiment:
When market panic is at its highest, it is often the time for major capital to enter the market. He pays special attention to moments of significant market decline and the spread of panic, believing that this could be a good opportunity to enter.
This trader suggests maintaining a steady trading pace, rejecting unrealistic fantasies, and respecting the possibility of losses. He emphasizes that even when facing losses, one should stick to the correct methods and only trade what one understands.
In the end, he pointed out that a correct method, stable execution, combined with a good team atmosphere, is much more effective than exploring alone. For traders hoping to succeed in the cryptocurrency market, understanding and applying these strategies may bring significant gains.