#美联储降息 People often complain that the current market isn't as smooth as before. There are a bunch of false breakouts, so how can we trade?
Actually, you're overthinking it. History has never been a straight line.
Going back a hundred years, what was it like for traders in the Livermore era? Placing an order meant calling the broker, who would slowly walk to the counter to open a position. Is that smooth? All the back-and-forth was just oscillation. Flip through his manuscripts and you'll understand—those days were just as frustrating as now.
Where's the key point? Trend trading, especially breakout strategies, is fundamentally a battle against human nature. As long as real people are behind the market, no matter what tools you use—robots or quantitative programs—the expected market moves will still come. That's unchangeable.
Another phenomenon worth noting: once an asset matures, its unit time volatility range inevitably narrows, no debate there. But people need sleep, 24 hours a day. So, on daily charts, most assets have the most comfortable trend cycle. If the crypto market moves faster, a 4-hour cycle can work too.
Want to trade comfortably? There are ways—add one or two new assets to each cycle, using new coins to fill in the gaps of insufficient volatility.
$BTC, $XRP, $SOL —these mainstream assets each have different characteristics. Choosing the right cycle and asset combination, trend trading still follows that same logic.
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New_Ser_Ngmi
· 12-17 20:37
The Livermore approach is indeed a bit outdated now, back then there were no high-frequency algorithms.
Why not mention the current situation where new coins also get caught up and become trivial?
Is the daily chart really comfortable? Why do I still lose money every day?
The 4-hour cycle sounds simple, but in practice, it's just constantly taking losses.
Trend trading is still a game of human nature, but now human nature has probably been tamed by machines.
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WagmiWarrior
· 12-15 23:01
Livermore used to be slow back then, but now we are already in paradise and still packing up. To be honest, a bit greedy.
Adding a few new coins in the 4-hour cycle, when the volatility is insufficient, relying on this to patch the gaps. This logic is actually quite straightforward.
BTC is stable and steady, but we still need to prepare with multiple positions; otherwise, we are really just standing still.
Fake breakouts are part of the market’s nature; no one can blame anyone. It all depends on who has a strong mentality.
By the way, the daily chart is really more comfortable, no need to stare at the screen every day like a madman.
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DegenWhisperer
· 12-15 22:29
The Livermore strategy really needs to be studied. People are still battling their own greed and fear; nothing new.
The daily chart is indeed comfortable, but you have to be able to endure the loneliness.
The new coin gap filling trick is okay; it depends on how you choose.
Whether a breakout is fake or not still depends on the volume.
The level of frustration is the same, but the difficulty of making money is different.
That's right, the 4-hour crypto market is indeed more exciting than the daily chart.
Instead of complaining about the market, it's better to change cycles and switch assets, as long as the logic remains unchanged.
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FreeRider
· 12-15 22:17
Damn, Livermore’s approach is quite insightful. People nowadays really don’t appreciate the blessings they have.
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Sticking to the daily trend is enough; those who chase excitement on the minute chart are just asking for trouble.
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I’ve been using the trick of adding new coins to buffer volatility for a long time. Recently, SOL has definitely been more predictable than BTC.
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Exactly, human nature hasn’t changed in a hundred years. No wonder traders back then felt the same frustration.
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It’s all about mindset. The market isn’t worse; it’s just your patience that’s run out.
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The 4-hour cycle is really powerful. Anyone watching charts all day is bound to stress out and get a heart attack.
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RugPullProphet
· 12-15 22:16
Back then, I also wanted to try LiFoMoR, but now with quantification and robots, it's at least less worrisome. I just need to change my approach to playing.
#美联储降息 People often complain that the current market isn't as smooth as before. There are a bunch of false breakouts, so how can we trade?
Actually, you're overthinking it. History has never been a straight line.
Going back a hundred years, what was it like for traders in the Livermore era? Placing an order meant calling the broker, who would slowly walk to the counter to open a position. Is that smooth? All the back-and-forth was just oscillation. Flip through his manuscripts and you'll understand—those days were just as frustrating as now.
Where's the key point? Trend trading, especially breakout strategies, is fundamentally a battle against human nature. As long as real people are behind the market, no matter what tools you use—robots or quantitative programs—the expected market moves will still come. That's unchangeable.
Another phenomenon worth noting: once an asset matures, its unit time volatility range inevitably narrows, no debate there. But people need sleep, 24 hours a day. So, on daily charts, most assets have the most comfortable trend cycle. If the crypto market moves faster, a 4-hour cycle can work too.
Want to trade comfortably? There are ways—add one or two new assets to each cycle, using new coins to fill in the gaps of insufficient volatility.
$BTC, $XRP, $SOL —these mainstream assets each have different characteristics. Choosing the right cycle and asset combination, trend trading still follows that same logic.