Tao Te Ching says: "Five colors make people blind." Lock the main trading cycle for combat, and only use other cycles as a reference. Fixed cycle is to rule the world. "Those who do not lose their place will last long." If the cycle is not fixed, wandering between different cycles is equivalent to shooting at a moving target. Compared with shooting at a moving target, the difficulty of a fixed target will be much easier. We come to this market not to prove that we are sharpshooters who can shoot moving targets, but to come to this market for speculation and profit, so we must try our best to reduce the difficulty of our operations, which is the meaning of locking the cycle.

In the morning, there was a post on Twitter

Today's market reading: 2024.6.13
Coin pair: BTCUSDT.P
Direction: Subjective bias towards short-term thinking

When trading with Vegas, you should not speculate or deduce the market subjectively, which will bring in your own subjective consciousness. I admit that I don't quite understand the current market situation. I'd better wait for the market to give a suitable signal before entering the market.

After three years in the circle, I would like to summarize my personal experience and grow with you. If you think it is helpful to you, please forward it. Thank you🩷🙏🙏🙏

Experience sharing: I personally like to play the following 6 patterns
Playing reversal: generally triple tops and bottoms
Bull flag + W bottom above Vegas channel, high probability of going up.
Bear flag + M top below Vegas channel, high probability of going down.
Nothing is absolute, the essence of trading is only probability,
Try to do only things with high probability, and leave the rest to time.