Do you have little capital and love short-term trading? You need to ponder this article repeatedly; three tips to help you avoid detours!

1. Don't rush to sell when the market drops in the morning; add to your position on dips.

If you see a drop when the market opens, don’t panic and sell off. Look for a low point to add to your position and average down your cost. Wait for a rebound in the morning, then sell directly for a steady profit. For this operation, you need to check the 5-minute and 15-minute candlestick charts to accurately identify that low point before acting.

2. Reduce your position when there’s a big rise in the afternoon; if there’s a sharp drop at the close, wait for the next day.

If the market surges in the afternoon, quickly reduce your position; don’t be greedy. If there’s a big drop at the close, don’t rush; check for buying opportunities the next day. Generally speaking, the probability of a lower open and a higher close the next day is quite high.

3. Preserving profits is key.

Many retail investors feel more uncomfortable missing out than being stuck in a losing position, constantly wanting to seize every opportunity. However, the market is always there, and opportunities arise every day. After making a significant profit, don’t let overconfidence take over; pride leads to failure. If there isn’t a particularly promising opportunity, take a day or two off and don’t let your profits slip away.

Hongjie won’t lead fans to over-leverage, and certainly won’t blindly go all in.

It’s all about seeking stability for victory, so hurry up and keep up!

#VELODROME将上线币安 #BTC重回关键位置后走势 #SUI再创新高 #AVA突破3美元 #比特币战略储备

Day trading focus: doge me move pepe sui xrp shib sol