How many newcomers and old investors have been refreshed in a week? The declines on April 12 and April 13 have cut the value of cottage industries in half, and some have even fallen back to the starting point of the bull market. Many people are anxiously looking for the reasons for the decline. The same group of people are probably searching for the so-called reasons for the rebound in the past two days. News can only play a very superficial role for ordinary traders. Most of the news has been reflected in the K-line and price. Only a part of the news will ferment and affect the subsequent trend of the currency price. So don't be so obsessed with finding reasons after the decline or rise, "the market is always right". Learning to summarize and improve your trading system and strictly implement your trading plan are what you should always pay attention to in the market.

If you are a spot trader: every sharp decline should be your time for ecstasy. You may be waiting for such a time to get on the train once or twice a year. The rest of the time you are waiting and watching. Learn to wait for entry and sell at a relatively high level. One or two trading opportunities a year have already outperformed more than 80% of contract traders.

If you are a day trader: Learning to enter and exit the market logically and reasonably with an excellent profit-loss ratio is the key to long-term profitability. Leverage is only a tool to improve your capital utilization rate, not a weapon for you to get rich overnight. Seeing others making many times more profit with 100 times leverage, I envy them so much, but maybe it only accounts for less than 1 times of their total capital; learning to trade on the right side will have much lower risks than sticking to the left side to explore the bottom, and the returns will be more exaggerated than you think. It is cool to explore the top and bottom on the left side, and the teacher who guides you gives you a point to enter and exit the market. It seems very comfortable, but if you want to lose a sum, how many transactions do you need to make it back? Encountering slippages such as 4.12 and 4.13 is even more unimaginable.

At the end of the transaction, the biggest enemy is not the dealer or your opponent, but yourself. #BTC🔥🔥🔥🔥🔥🔥