Trading skills for left-side and right-side positions

1. What are left-side and right-side trading?

1. In a rising market, if you predict that the market is about to peak, sell in advance, which is a left-side transaction, which can be understood as selling high. After the peak, the market has begun to fall, that is, it is sold at the beginning of the decline, which is a right-side transaction, which can be understood as killing the decline.

As shown in the figure: Take the top as the dividing line, and sell at the top on the left side of the dividing line, which is a left-side transaction. When the top on the right side of the dividing line falls, it is a right-side transaction. Both are selling behaviors.

2. In a falling market, predict the bottom range in advance, buy more as it falls, and build positions in batches, which is a left-side transaction. This buying behavior is also called left-side position building, which can be understood as low-absorption. After the price hits the bottom and starts to rise, buying after the rise is a right-side transaction. This buying behavior is also called right-side position building, which can be understood as chasing the rise.

As shown in the figure: Take the bottom as the dividing line, buy on the left side of the bottom, which is a left-side transaction. After the bottom is formed, buy when the right side is pulled back, which is a right-side transaction. Both are buying operations. #BTC☀️ #UNI📈 #BICO