Six practical tips for short-term trading:
1. Don’t rush to buy when the price is high, and don’t rush to sell when the price is low: wait for a while when the market is high, and don’t rush to sell when the market is low, and act after the trend is clear.
2. Be cautious in trading during the sideways stage: be cautious when the market is in a sideways market.
3. Make decisions based on the K-line chart: try to buy when the negative line appears, and consider selling when the positive line appears, and follow the trend.
4. The strength of the decline determines the strength of the rebound: the decline is slow, the rebound is weak; the decline is rapid, and the rebound is often strong.
5. Adopt a pyramid position building strategy: buy in batches, increase the purchase volume as the price falls, and gradually reduce the cost.
6. Response to sideways trading after extreme rises and falls: After a sharp rise and fall, the market will often enter a sideways consolidation. At this time, don’t clear the position at a high point, and don’t fill the position at a low point, and wait for the signal of a change before operating.
As a senior cryptocurrency investor, I would like to share my experience and insights. Are you interested in the cryptocurrency circle but don’t know where to start? Click on the avatar to see the introduction of Zhuye and witness the moment of miracle together