In contract trading, I have always advocated a simple 'dumb method'. Frankly speaking, many people lose money in contracts not because they can't read the charts, but because they are too clever: obsessed with various indicators, frequent trading, staying up late watching the market, resulting in a blown mindset and no growth in their accounts. But those who can go far are often the ones who simplify their methods to the extreme. Now, let me share my commonly used strategies with you:
First: Keep only one indicator
EMA21 and EMA55 are enough. The crossover of short-term trend and mid-term trend is the signal. Golden cross is bullish, death cross is bearish, and there is no need for extra fancy stuff. #币圈生存法则
Second: Choose the right entry position $币安人生
Look only at the four-hour level. When EMA21 crosses above EMA55 and the K line closes bullish, go long. Conversely, when EMA21 crosses below EMA55 and the K line closes bearish, go short. Do not touch the middle of the fluctuation.
Third: Stop loss is a must #币圈
Place it at the high and low points of the previous four-hour K line, with a single loss not exceeding 5% of the principal. Acceptable losses, but holding onto a losing position must be refused.
Fourth: Roll profits $ENSO
Only use 10% of the funds for the first position, add more after a 10% profit, continue to add with further profits, always following the trend until EMA crosses again. This approach can protect profits while taking as much trend as possible.
In terms of mindset, remember a few key points:
Do not strive to win every single trade; missing out is better than making a mistake.
Limit to 1-3 trades a day; do not disrupt the rhythm because of itchy fingers.
Trust the system, stick to execution, and long-term compounding is possible.
The so-called 'dumb method' is not about not using your brain, but simplifying the complex market into a few rules that can be adhered to. It is suitable for those who do not want to be controlled by emotions and can keep the win rate stable at a high level.
Follow Daisen, no bragging or making empty promises, just sharing practical experience that can help survive in the industry. The team still has a few spots available, and those brothers and sisters who want to learn the methods and turn things around should come on board and work together!
