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Ultra-short-term trading skills
Strategies with a success rate of more than 90%
Six essentials of short-term trading
The best way to make small funds big]
1. Principles of currency selection
Find opportunities in popular strong coins. Only by working with strong coins can you have the opportunity to make short-term quick profits. Completely abandon trendy unpopular coins. First look at the current popular concept sector, and then choose the currency with an increase of more than 7%. This is what the main force has already selected for you. Stand on the shoulders of giants to see the world, don't be afraid of the clouds blocking your view, follow the hot funds, and the trend track is king
2. Trading cycle
Short-term holding of coins on the same day, stop profit 4% to 6%, stop loss 2%, the essence of short-term is short, time is the biggest opportunity cost of funds, be as fast, accurate and ruthless as fighting guerrilla warfare, and don't fight
3. Trend is king
Don't buy because the price is high, and don't buy because the price is low. There are many rising trends and no bottom for falling. Never because The price determines the direction of buying and selling. This is a psychological barrier that needs to be overcome. Those who are afraid of high prices are miserable.
4. Position management
The bottom position is controlled at 20% to 30%. If the market direction is consistent in the future, gradually increase the position, and the proportion of increasing positions is getting smaller and smaller. The position control is large at the bottom and small at the top, like a pyramid. In this way, the average price of your position will be lower than the market price. The pattern determines the mentality.
5. Moving average indicator
The 10-day moving average is the main trading line, or the main cost line. When the currency price falls back and does not fall below the 10-day moving average, it is the best time to get on board.
6. Insist on reviewing
Keep a detailed market record and take out all the transaction orders
Write down all the details of each loss transaction, including transaction date, transaction code, opening price, closing price, transaction reason, precautions, etc., study and analyze each failed decision, and find the same mistakes that are repeated many times. Summarize the mistakes, such as entering the market too early, being too nervous, holding for too long, and having too large a position, etc.!
