How should contracts be traded to maximize profits and minimize losses?
Today, I will share my recent trading insights and experiences with friends who need it. I hope this is helpful to you.
The 7 Key Time Nodes for Contracts
1. Morning Trend Analysis:
By looking at the 4-hour, 6-hour, 12-hour, and daily candlestick charts, we can identify support and resistance levels. Then, we can use MACD, KDJ, Bollinger Bands, trading volume, naked candlestick patterns, moving averages, and news to comprehensively assess the trend for the day. Establish an offensive and defensive plan and strategy. Start the trading day.
2. Afternoon Volatility:
After experiencing the market movements in the morning, we analyze the candlestick patterns to determine the range trading points, identify good entry points, and execute high sell-low buy strategies back and forth.
3. Afternoon Surge:
In the afternoon, major players and institutions often enter the market, causing significant price fluctuations. Most of the action occurs between 4 PM and 6 PM, where the market experiences rapid rises and falls. There are typically two directions: either a relentless upward or downward trend, or a sudden drop. Generally, trades are characterized by quick gains followed by immediate profit-taking, assessing the validity of the moves to re-enter.
4. Evening One-Sided Market:
In the evening, market activity is concentrated between 8 PM and midnight, with significant price movements or whipsaws, either rising or falling first, starting a one-sided trend. We only need to go long in the direction of the trend.
5. Late Night Direction Check:
At this time, from 1 AM to 2 AM, the market has experienced significant volatility, with institutions, major players, and traders entering the scene. The market is likely to trend in one direction, and we should follow the trend (long or short) in our trades.
6. Early Morning Top and Bottom Check:
In the early morning, after a day and night of trading, the market is either at a bottom or a top, generally concentrated between 5 AM and 6 AM. Go long at the bottom, short at the top.
7. Intermediate Short-Term Check:
Excluding specific time periods where certain market movements frequently occur, we can determine the trading direction through 5, 15, and 30-minute candlestick patterns, combined with MACD, Bollinger Bands, KDJ, and trading volume to make quick trades and profit quickly.
Here’s a recent profit chart from a fan. They traded with me for less than two months, growing their position from under 2000 USDT to nearly 16,000 USDT, an increase of 7-8 times.
Friends who are currently confused about trading and lack direction can follow me, comment with '1', and I will help you become wealthy.