Want to turn things around? Don't rush, learn these four tricks with me! $FOLKS
With a few thousand U, the biggest fear isn't having little money, it's being anxious! Those who go all-in from the start often don't make it until dawn. If you want to be steady and make progress, first learn this set of the simplest yet most life-saving strategies. If done correctly, you can gradually earn big money! $ICNT
First Trick: Only watch one signal - Daily MACD Golden Cross $DOLO
Don't be distracted by news; the MACD Golden Cross is your signal! Especially the golden cross above the zero line, that's when the real trend starts! Filter out all other noise!
Second Trick: Only follow one line - 20-day moving average
The 20-day moving average is your guardian angel! Hold your position above the line; if it breaks below, get out. If it breaks, clean out your stocks first; if the trend is real, it will bounce back, no need to rush or panic!
Third Trick: Enter when volume and price break together, exit step by step to take profits
When breaking through the moving average, the trading volume must increase! Enter only when volume and price break together! When you make a profit, take profits in two steps: take a portion at 40% profit, another portion at 80%, and completely liquidate the rest! If the price falls back to the moving average? Liquidate immediately! Just getting the fish's body is enough; don’t think about eating from head to tail!
Fourth Trick: Stop loss based on daily closing price
Stop loss is the line between life and death! If the daily candlestick closes below the moving average, get out immediately! Holding on once could wipe out a month's profit. Not losing is winning, and missing out is okay!
This set of methods seems rigid, but it can help you live longer and go further. The secret to success is execution! Don't always ask 'which one to buy now,' first learn how to execute, and then slowly turn things around!
