#WCTC S7 报名开启 #Gate.io 12周年 #行情震荡，做空还是做多？ #PI

Iron Law 1: To understand market sentiment, volume is key
- Volume does not decrease: Volume increases, but the price does not fall, which may be a signal to stop falling.
- No volume growth: Volume is increasing, but prices are not rising, and the short-term outlook may have peaked.
- Continuously increase the volume of growth: During the growth process, the volume of transactions should increase steadily, and if there is a sudden contraction or huge volume, the growth may come to an end.
- Descending key levels: When falling, the key level is broken and the downtrend may continue.
Iron Law 2: The key point that determines buying and selling
- Resistance Lines, Support Levels, Trend Lines: When the price touches these levels, act quickly!
- The Golden Ratio: I use it to predict stress and support, and it works great.
Iron Law 3: Monitor multiple time windows
- 1-minute line: View entry and exit times.
- 3-minute line: Follow the bar after entering the market.
- 30-minute/1-hour line: Identifies intraday trend changes.
Iron rule four: don't rush to recover after a stop loss
- Stop Loss = Order Closed: Every trade is a new beginning, don't be affected by previous actions.
Iron Law 5: A simple and practical approach to position management
- Three-leaf position method:
1. The currency price breaks through the 5-day moving average, buy the first copy;
2. Break through the 15-day moving average and buy the second stock;
3. Break above the 30-day moving average and buy a third stock.
- Strict stop loss: sell the first copy below the 5-day moving average; Below the 15-day moving average, sell the second stock; Fall below the 30-day moving average, liquidate!
- High below the 5-day moving average: Sell one first, then look at the last one.
- Breaking below the 15-day and 30-day moving averages: don't hesitate to sell everything!
Iron Law 7: Stagflation/Stagflation is a signal
- Stagflation: The price is not rising, but the position is increasing, which can be the moment of short selling.
- Stagnation of rising positions: the price does not fall, the position increases, and a rebound is inevitable.
Iron Law Eight: Focus on one variety
- Step-by-step focusing: Use only one symbol for a period of time and keep tracking it until it no longer has speculative value.
Iron Law 9: There will always be opportunities, don't rush to recover losses
- Calm down after stop loss: Don't rush to open a new order to recover your losses, each trade is independent.
Iron Law 10: Abide by the rules and continue to make profits
- Rules are more important than mentality: Strictly follow the rules of trading and don't get emotional in order to make consistent profits.
The secret of full-time coin flipping, which allows me to earn a stable income of tens of thousands of dollars every day, is these ten iron laws! If you can stick with it, making money in crypto circles is as easy as breathing!
If you are also a technical director and also focus on the technical works of the crypto circle, you can pay attention to Kong Chong's "Crypto Circle Sunny Day", you will get the latest information and trading skills of the crypto circle