Eight years of Cryptocurrency Trading, every penny is deeply marked by the imprint of "cognition" and "discipline."


Looking back on these eight years of experience, in the first three years, I lost over 100 coins; in the following years, with the lessons learned through blood and tears, I gradually earned back several hundred coins.
In the market, 90% of people rely on news and buy high and sell low, 10% use some small tricks, while only 1% truly understand how to dissect the "underlying genes" of the market using daily moving averages.
So, how can one enter that 1%?
The first step is to "verify the identity" of the moving average.
The daily moving average is like the "thermometer" of the market, with each line playing a different role.
The 5-day moving average is the head of the emergency department, responding the fastest, telling you the short-term market trend.
The 30-day moving average is an internal expert, focusing on medium-term trends, seeking accuracy in stability.
The 60-day moving average is the old professor of the expert outpatient department, responsible for helping you see the long-term trends of the market.
When the 5-day moving average (Emergency Department Director) quickly rises above the 30-day and 60-day moving averages, it is a signal for the market to start. Seize this opportunity and take action; if the 5-day moving average falls from above the 60-day moving average, immediately reduce your position, do not hesitate.
Step 2, establish a system to avoid "brain heat".
"When moving averages clash, definitely don't touch!"
When the 5-day and 30-day moving averages are tangled, do not enter the market rashly. Entering the market at this time is no different from rolling dice with your eyes closed. The real opportunity only arises when all three moving averages are aligned in the same direction; this is acting in accordance with the trend, and one should not go against it.
The third step is to "weld" discipline onto the operating platform.
I have seen too many people who have their trading plans written clearly, but as a result, a sudden spike in the market at midnight shatters their mindset and directly tears apart their plans.
The most "cruel" yet "merciful" aspect of the daily moving average trading strategy is that it forces you to become a machine for executing signals. If the signal hasn’t arrived, no matter how much you want to enter the market, you must resolutely refrain from acting; when the signal comes, no matter how good the plan is, you must execute according to the rules to avoid emotional trading.
If you can master the rhythm, control your emotions, and strictly adhere to discipline, then you can avoid most of the "liquidation" traps and embark on a path to stable profits.
In the crypto world, there are always opportunities, but what is lacking is patience and execution ability. If you can survive, it depends on your ability to understand trends and act decisively.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)