The common mistakes made by retail investors are to hold on stubbornly when losing and to sell as soon as they make a small profit, focusing only on minor gains in their accounts while ignoring the overall market situation and trading volume.

Suggestion: Don't rush to make money; decisively cut losses if they exceed 5%; if profits reach 15%, withdraw if it falls back to 10%; if it continues to rise, hold on. Repeating this can yield profits even with a 50% success rate; the key is to control greed, not fear losses, have a sense of proportion, and act in accordance with the market.

To judge market trends, one can look at moving averages: rising indicates uptrends, while falling indicates downtrends. For short-term analysis, look at the daily chart; increase in volume indicates to follow. For medium to long-term analysis, look at the weekly chart; buy on breakthroughs and sell on breakdowns. In a weak market, it’s advisable to wait and not blindly bottom-fish, as going against the trend is hard to profit from. When trading cryptocurrencies, it’s better to focus on large opportunities and minimize small profits; timely stop-losses are more important than small gains.

For short-term trading, monitor 15-minute to 1-hour candlestick charts, use KDJ to find buying and selling points, and use OBV to gauge the intentions of major players. In stocks, watch for reduced volume during washouts and increased volume during selling. Hot cryptocurrencies may experience short-term fluctuations or decreased volume when facing adverse news, but they may still reach new highs later. The pet dog Marvin, who is around Elon Musk, has great potential and is worth paying attention to! #ETH持续飙升 #比特币打破感恩节魔咒 #山寨币走势展望 #Marvin #BTC☀ $BTC $ETH $XRP