StablecoinArbitrageur
#鲍威尔讲话 When I first entered day trading, I frequently opened more than ten trades in a single day, resulting in not only paying 200U in fees to the trading platform but also losing 500U myself. After this lesson, I established four core principles, which gradually stabilized my trading rhythm and enabled me to achieve consistent daily profits.

First, the choice of time periods is crucial. There is no need to stare at the trading screen all day; there are only two key time periods: from 9 AM to 11 AM ( when the Asian market is active ) and from 3 PM to 5 PM ( when the European and American markets open ). During these periods, the fluctuations are more regular, and the trading volume is sufficient, making it easier to capture price differences. During the early morning hours when fluctuations are intense, the wisest choice is to close the software and rest, avoiding sudden price changes.

Secondly, the choice of cryptocurrencies should be made with caution. Beginners should avoid small-cap currencies that are highly volatile. It is recommended to focus on mainstream currencies like BTC and ETH, or choose leading projects with higher market caps like SOL and ADA. These assets have large circulation and are less likely to be manipulated by a single force, making their intraday price movements relatively reasonable and more suitable for technical analysis and predictions.

Third, trade based on clear signal indicators. Abandon subjective feelings and focus on the EMA12 and EMA26 indicators on the 1-minute candlestick chart. When the fast moving average crosses above the slow moving average accompanied by an increase in trading volume, consider going long; when a death cross occurs with increased trading volume, it is suitable to go short. By following these objective signals, my trading success rate has improved to over 60%.

Finally, strictly implement the stop-loss strategy. Taking 1000U as an example, the maximum loss per trade should not exceed 20U(, which is 2%). Set the stop-loss price before opening the position and do not hesitate during the trading process. When BTC suddenly dropped in the past, the preset stop-loss point was automatically triggered, allowing me to not only preserve the day's profit but also avoid a subsequent 5% sharp decline.

Please remember that the goal of day trading is not to get rich overnight, but to achieve stable profits by grasping market rules. The stricter the trading rules, the longer you will survive in the market. If you are currently tossing and turning over small fluctuations and are unclear about methods of capital management, waiting for market opportunities, or setting stop losses, it is advisable to systematically learn relevant knowledge to avoid unnecessary losses from blindly exploring in the market.
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