Retail investors have a common problem. If they lose money, they will hold on to it and wait and wait. When they just turn profitable, they will sell it in a hurry.

They don’t look at the trend and trading volume, but only focus on small profits.

They should do the opposite. If they become profitable, they will hold on to it. If the loss exceeds 5% of the principal, they will stop loss in time.

The general principle of Baiyi’s stop-profit and stop-loss is:

When the profit reaches 15%, it will fall back to 10% to stop profit. If it continues to rise, it will continue to hold.

If the operation is 100 times, the winning rate is 50%. According to this principle, the profit can reach 300%. The difficulty lies in overcoming greed and fear, integrating knowledge and action, and going with the trend.

To judge the trend, we must look at the moving average, distinguish between long and short, long upward and short downward.

For short-term, we must look at the daily moving average, and follow up with large-volume breakthroughs;

For medium and long-term, we must look at the weekly moving average. If it breaks through, we will enter the market, and if it falls below, we will leave the market.

If the market is not good, you should short the position. If the trend is downward, try not to buy at the bottom.

Don't fantasize about making profits against the market. You should seize the high probability and give up the low probability. The courage to admit mistakes and stop losses in time are the foundation of life, which is far more important than making profits for a while.

I am Baiyi, welcome to communicate. #山寨币走势展望 #BTC☀ #ETH🔥🔥🔥🔥 #ACT🔥🔥🔥 #小白必看