Hey friend, this is the first lesson I give you. For the newbies who have just entered the circle, I can understand that you may want to make money very much now, or you may have lost some money in the process, and start looking for so-called big guys in the square, and even consider joining some paid groups. Today, the first lesson I want to teach you is to teach you how to avoid wasting money and learn how not to lose money.

First of all, I suggest that you block those bloggers who often give specific points and suggest you to open long and short. Because if you just want to be the kind of blogger who relies on point analysis, you can buy a book like "Japanese Candlestick Chart" or watch some teaching videos about indicators on YouTube. This knowledge is not difficult to learn and can be mastered easily, but you will find that winning or losing based on these transactions is often just a matter of luck and probability.

Instead of spending money to buy some support and resistance points, it is better to learn this knowledge yourself. After all, most pending orders belong to left-side transactions, that is, transactions are made in advance before the price reaches the ideal state, and the proportion of risk and return is very unbalanced. Therefore, instead of relying on these external suggestions, it is better to fundamentally improve your trading ability and avoid unnecessary losses.

In summary, don't blindly follow the trend, don't easily spend money to buy those seemingly sophisticated trading point suggestions, but learn to analyze independently and make rational decisions, which is the basis for you to gain a foothold in this circle.