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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
3
Repost
Share
Comment
0/400
rekt_but_vibing
· 6h ago
Losing everything within three hours of liquidation was truly brutal; 3 million just disappeared like that. Just imagining the buzzing sound is enough to be unsettling.
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.
View OriginalReply0
FUD_Whisperer
· 6h ago
3 million lost in three hours... That's why I only look at EMA and avoid those flashy indicators.
View OriginalReply0
SnapshotBot
· 6h ago
3 million disappeared in three hours... That must be really brutal, it made my heart feel blocked.
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.