Yesterday’s market correction was not surprising at all, because as I reminded you at the beginning of yesterday’s article, the market has reached the middle track of the BOLL track, which will put pressure on us in the short term.
The BOLL track is a secondary processing indicator of the moving average. It makes some improvements based on the moving average and is effective in looking at support and pressure.
The reason why we reminded yesterday that there would be technical adjustments and the market would fluctuate was because of the BOLL track.
The BOLL track is an auxiliary indicator that can be used as a reference for support and pressure, but it must also be combined with the trend of the entire market to see the essence.
Yesterday I judged the strength of the bulls and bears based on the market situation.
From the analysis of clues on the market, we can conclude that the bulls are stronger than the bears, the bears have been getting weaker and weaker, close to exhaustion, and the bulls have begun to intervene.
The above analysis is the "essence" of the entire market. Only by seeing the essence through the phenomenon can we see further and see where the future opportunities are.
Although the market reached the middle track of the BOLL orbit yesterday, I also reminded that there would be a correction and shock, but this is only a "appearance". The appearance will only interfere with short-term players and those who cannot understand the market and are anxious about the daily rise and fall of the market.
What we need to be clear about is, will the appearance affect the essence? Obviously not.
Although I saw the pressure on the middle track of the BOLL track yesterday, I saw the essence and knew which side of the overall bulls and bears was stronger, and what the next move would most likely be.
I have a direction in mind, so I won’t panic or be afraid of a big drop because of last night’s pullback.
I guess many people will interpret last night’s pullback through various news and create anxiety for themselves, but if you learn and see the essence like I did, there is no need to worry.
I believe that people who can enter this industry are here to make money, and they want to make a lot of money.
When we come to the financial market, we must be clear that the first step is to "not lose money". Only when we do not lose money can we talk about making money. The key to getting big gains is to "know what not to do".
I have summarized a few things that you should not do, I hope it will be helpful to you.
1. Do not use leverage or contracts. Once we come into contact with contracts, it is like gambling, we become addicted, and we lose the mood to do anything. Every day, the ups and downs of the market affect our mood, we can't sleep, and our mentality changes drastically. Even if the trend judgment is correct and the market is still there, the account balance is getting smaller and smaller.
2. Primary private placement. With the advent of the bull market, all the demons and monsters have come out, promising to be listed on the exchange in the future, with a thousand-fold profit. However, we must be clear that truly valuable projects will not be financed by retail investors. The big capitals are all scrambling for it, so what qualifications do retail investors have?
3. Options scam. There is a scam that is rampant now. The scammers say that they are awesome and have made a lot of money, and then they say they will take you and ask you to transfer U to the exchange they provide, and they will let you make money. You can withdraw small amounts of money, but people are greedy, and you will increase your chips. Once you have more money in, you will not be allowed to withdraw it, and there will be various reasons for you to top up money to unfreeze it.
4. Chasing the rise and selling the fall. If you don’t understand the technology and the market, it is difficult to make money in this market. If the market falls, you don’t know when to buy, you are afraid, and even sell at a loss. If the market rises, you start to buy without thinking because of your high emotions.
If you cannot identify the bottom and enter the market, you will not make a lot of money. Maybe you can make some money by buying in when the price goes up, but you will not know when to sell and you will be afraid to cut your losses when the price goes down, so you will end up losing money.
5. Stay away from negative emotions. Complaining will only make people fall into a vortex of negative emotions, making them accustomed to finding problems with others and ignoring the efforts they should make.
You will find that people who invest based on news always complain that what others say is wrong and causes them to lose money, but they never think that if they mastered the technology, they would not listen to the opinions of these so-called "big guys".
Whether in real life or in the financial market, complaining does not solve problems. Instead, it will wear down our morale, consume our energy, and make us become discouraged.
As long as you avoid the above points, I believe the probability of losing money will be greatly reduced, so that you will have more energy and mood to calm yourself down and find the direction to make money in the future.
The reason why I and other partners were able to turn losses into profits after joining the district is because the district trained us in all aspects, including technology, investment thinking, concepts, mentality, trading strategies, and industry professional knowledge.
All-round growth enables us to judge what is right and what is wrong, and how to go with the flow to achieve huge results.
Labor Day starts on May 1st. If you want to improve yourself in this bull market and get more than ten or twenty times the return, join the Qiqi main leaf circle #ENA #BOME #Meme代币 $SOL $DOGE
