Six Practical Tips for Short-term Trading:
1. Don't rush to buy at high prices, and don't sell quickly at low prices: Wait a bit when the market is high, and don't rush to sell when it's low; act when the trend becomes clear.
2. Be cautious during sideways trading: Operate carefully when the market is in a range.
3. Make decisions based on K-line charts: Consider buying when a bearish line appears, and think about selling when a bullish line is seen, following the trend.
4. The strength of the decline determines the intensity of the rebound: A slow decline leads to a weak rebound; a rapid decline often results in a strong rebound.
5. Use the pyramid building strategy: Buy in batches, increasing the purchase amount as prices drop, gradually reducing costs.
6. Respond to sideways movement after extreme price fluctuations: After significant price increases or decreases, the market often enters a consolidation phase. At this time, do not clear your position at high points, nor fully invest at low points; wait for a signal of a trend change before acting.