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The shorter the time period, the harder it is to judge trading opportunities.

There is a saying that everyone is familiar with, the capital market, the short term is a voting machine, the long term is a weighing machine.

In the currency circle, this short term, or even the length of time that everyone cannot tolerate, everyone hopes to get rich overnight.

This is why the currency circle is difficult to play. The time period is too short. In fact, it is more of a gambling of luck. What you earn by luck will also be lost by strength.

Is it so difficult to wait for a good bottom-picking structure? ⤵️⤵️

Generally, there will always be one or two opportunities in a year. What is certain? That is, there will be black swans in the currency circle every year, which is certain.

From the big drop in 2018, to the bottoming in 2019, to 312 in 20, to 519 in 21, to FTX in 22, to Silicon Valley Bank in 23, and the low-volume fluctuation bottoming before ETF passed.

🌞🌞There will always be a clear event, or a very good structure to build a position

Only by enduring loneliness can you keep prosperity!

Some brothers asked what is the difference between 120 days and 200 days?

Let me elaborate here

In fact, both can be applied, and the difference in parameters has little impact on long-term returns.

Note when using moving averages⤵️⤵️

1. Starting from the underlying logic, do not read the moving average parameters, and do not try to find the "magic moving average".

2. The moving average is a trend indicator, which is suitable for large time windows and can only be used as an embellishment for small time windows.

3. The moving average does not have a pressure or support function, it only reflects the trend direction.

The above, I hope it will be helpful to you.