Is it a rebound or a reversal?
It is not important. It is important to think about a few questions:
1. If it is a reversal, is the position large enough? If it is not large enough or close to an empty position, how to get on board and at what position to intervene?
2. If it is just a rebound, in the market that is pulling back and forth, should the relatively low chips in hand be sold?
3. The current market is very unfriendly to short-term players, so would it be a better choice to expand the space and time?
4. Whether it is long or short, our current order-making habits and the inertia of our mentality have been subtly trained by the market?
I think that what is dangerous is not the sudden pull or plunge, but the inertia of our thinking cultivated by the market.
The actual situation: I used to be able to easily bear the fluctuation of 20%+ of the cottage, but now? 10% will make me impatient.
I think that what we should do at this stage is not to predict how the market will go in the short term, but how to arrange our positions scientifically and reasonably in the ongoing market, and how to jump out of the inertia imposed on us by the market.
In other words, if you look at the bull market, after escaping the top at 73777, you have not participated in the market. Do you buy now?
If you look at the bear market, after such a long period of high sideways trading, will you still intervene in the short term?
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