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At the moment of the alarm sound, I knew it was over. That early morning five years ago, the piercing beeping pulled me out of my dream. Three hours—just three hours—the 3 million in my account vanished into thin air. The flickering numbers on the screen felt like a dull knife stabbing into my heart, one after another. I can still remember that feeling now. Later, I borrowed 200,000 to start over, and over three months, I grew my account to over 20 million. It wasn’t luck from being chosen by the heavens, but a method earned through blood, sweat, and liquidation. What I want to say isn’t some get-rich-quick story, but how to survive and keep going in this market.
**Trend is the real amulet; never go against it**
Anyone who has experienced liquidation understands: the market never plays by the rules. But one thing is certain—once a trend starts to unfold, it’s not so easy to reverse. I’ve tried bottom-fishing, only to get caught halfway up; I’ve also tried to catch the top, but often the trend moves away before I can get out. It was only later that I realized: the power of following the trend is immense.
Judging the trend isn’t complicated. I mainly look at the EMA (Exponential Moving Average). Compared to ordinary moving averages, it reacts more sensitively and can better capture the true price movement. The specific operation is to observe the 4-hour EMA12 and EMA26.
When EMA12 crosses above EMA26 from below—what traders call a "golden cross"—it’s a strong indication that the trend is moving upward, and this is the time to look for long opportunities. Conversely, when EMA12 crosses below EMA26 from above—known as a "death cross"—the trend is likely to turn downward, and at this point, you should either short or stay in cash and watch the show.
The most crucial point: don’t blindly bottom-fish in a downtrend, and don’t blindly short in an uptrend.
Following the trend is truly a lifesaver; going against the trend is just giving away money.
The EMA golden death cross setup is indeed very effective, but knowing it and actually doing it are worlds apart.
Having experienced liquidation, no one should be unfamiliar with this principle; greedily bottom-fishing is always a losing game.
The golden cross and death cross strategies are indeed effective, but you need to have the discipline to stick with them.
Another story of going from bankruptcy to a comeback; this trading approach is quite decent.
Following the trend is not wrong; trading against the market will eventually lead to losing your capital.
This is a classic "chives" turnaround technique; being able to stick with it for three months already surpasses most people.
It's easy to say, but the real challenge is to withstand the psychological torment of liquidation.
Relying solely on EMA to think you can make a profit—how many trial-and-error attempts does that require?
That EMA setup is indeed handy; the golden cross and death cross are the most basic but most reliable. Much better than all those fancy indicators, though execution is difficult—most people can't do it.
Really, bottom fishing is the most exhausting; you always buy in the middle of the climb. Going with the trend is more comfortable, losing less and earning steadily.
This story is told quite well. Can you still remember the feeling of the alarm sound? That must have been so painful.