Stop-loss must be included in every trade. If you have time, it is also fine to move the stop-loss points, but since this is swing trading.
If you are focusing on short-term intervals, then you shouldn't hold onto your positions for too long. If you let everyone set profit-taking and stop-loss times too long, it slowly shifts towards expecting every trade to perfectly hit profit targets, which is unrealistic. Swing trading is primarily focused on making profits, just as investing is based on asset preservation. A successful trading method is determined not by avoiding losses but by managing the quality of those losses; it depends on whether your losses are worthwhile.
Not paying attention to capital management and not properly controlling positions.
Swing trading is not the most profitable investment method. However, during times of market tension, it is advisable to use light positions. Heavy positions are not recommended, and it is suggested that beginners practice with 1/10 of their capital. After becoming familiar with the market, they can increase their positions, but not exceeding 1/2. Many people start to take heavy positions when they see a very small profit on a trade, but in comparison, it doesn't make much difference. The risks of heavy positions versus light positions + strategy differ, but the returns are not significantly different; this is quite an unwise approach.
Waiting for a pullback opportunity
Currently, the digital market is a two-way market, so compared to other investment markets, the fluctuations in the cryptocurrency market are larger. Positive news, key position breakthroughs, large transfers, etc., can all become forces that drive price changes. Therefore, trading in digital currencies requires more speed. Sometimes when talking about pullbacks, it’s because the market is still within a range, but sometimes a pullback can signal the end of a swing, so you need to be alert and see clearly at that moment.
Frequent trading under the T+0 mechanism
T+0 allows investors to trade all day, providing many more opportunities to enter the market. However, the downside is that this trading mechanism increases transaction volume and market volatility. In such cases, emotional factors can also be amplified, making it easy to develop a counterproductive mindset after multiple unsatisfactory trades, similar to how women shop at night or after a breakup.
This is the answer to the question of how V God views short-term indicators for trading coins within a few minutes. I hope this article by V God on the most practical swing trading tip can help friends who want to engage in short-term operations to quickly master the techniques of swing trading.
Sunny here reminds everyone that swing trading is a short-term investment method. This method is completely different from holding coins. Although the amount of money made is not large, the success rate of swing trading is relatively high. Swing trading is a method that is very suitable for the cryptocurrency market.
is also a great way to pass time while waiting for a bull market.
more steady, future operations will resemble past successful repeats.
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