Trading psychology
The little tricks that retail investors often make - they rush to sell when they think it will rise, and they rush to buy when they think it will fall.
This is a very simple anti-psychological trading model.
The factors that affect the price of coins in the virtual currency market are divided into several modules:
1. Market development, policy factors, market sentiment, historical prices, large-scale operations and breaking news.
And technical analysis of retail investors.
In real transactions, mentality is the first, fund management is the second, and technology is the third.
Technical analysis, every time you make an order, you have to ask yourself what order you are making, short-term, medium-term or long-term, or wave band.
Short-term investment is not profitable and very tiring, long-term investment is very easy and profitable. Now is the middle of the bull market, you have to sell high and buy low to make a difference. Coin speculation should be done happily.
The most profitable thing in technical analysis is to grasp the wave band, whether it is futures, foreign exchange or currency circle.
So there is a saying: chasing highs ruins your life, buying at the bottom makes you poor for three generations, honestly doing the band, sooner or later you will be rich and handsome
The band is an important profit-making means in the entire financial field, and the band is divided into peaks and troughs. That is, the lowest and highest points of the band, choose to short at the peak, and go long at the low point, this series of profits will make you continue to make profits.
If you do long-term, you really grab the lowest point, and when his peak rises, you are excited, because you make money, maybe you will go higher in the future, but if the peak comes down, when it reaches the trough, your psychology will change in another way, so during this period, we should make our changes according to the changes in the market. Because when you really reach the trough, you may not be able to hold it, it is very likely that you have copied at the bottom and sold at the bottom. So in this process, your psychology will be under great pressure.