Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

"When the market is in a Sideways trend, I use this trick to achieve stable returns"



After experiencing countless times of being slapped in the face by volatile markets, I finally understood one thing: before a one-sided market arrives, the market spends 80% of its time in sideways movement. Rather than passively waiting, it's better to take the initiative.

My survival rule for sideways market conditions:

1. Identify the real sideways range
· I don't judge with the naked eye, but use the Bollinger Band contraction + ATR indicator.
· When the Bollinger Band width contracts to the lowest 20th percentile in recent times, while the ATR value hits a new monthly low.
· At this time, I will draw clear high and low point ranges on the 4-hour chart.
2. Develop a detailed trading plan
· Short at the upper band, long at the lower band
· Only take 30%-50% of the range amplitude each time to take profit
· Set a stop loss immediately when breaking through either side and reverse position.
3. Strict risk control
· Single loss not exceeding 1% of the principal
· Daily trades not exceeding 3 times
· Set a time stop loss, unconditionally exit if the position exceeds 24 hours #PI #BTC #ETH #GT #DOGE
HYPE-4.81%
XRP-6.69%
SOL-2.87%
ETH-2.49%
BTC-1.77%
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)