First, among the many technical analysis tools, most indicators often give signals only after the market occurs, which has a certain lag and can be regarded as hindsight. However, the resonance of the rising channel is not like this. It can give a clearer trend signal in advance during the development of the market.
Second, investment requires the ability to make choices. Faced with many opportunities such as "weak water three thousand", only take the one that suits you. Don't be greedy to pursue extreme profits. When you can make one dollar, stop at 70 cents to ensure the stability of income.
Third, for short-term operations, the 5-day moving average can be used as an important reference. It can more sensitively reflect short-term price trend changes and help investors grasp short-term buying and selling points. When operating in the band, the 30-day moving average has an important reference value. It is relatively stable and can better reflect the medium-term trend.
Fourth, investment decisions should be based on the judgment of the market. Buy decisively when optimistic and sell resolutely when pessimistic. Under this operating concept, do not deliberately set stop-profit and stop-loss points, but let the investment results be determined by the market.
Fifth, when in an upward channel, once a specific signal appears, you should buy without hesitation. At this time, there is no need to worry too much about the results, and you should bravely entrust the victory or defeat to the trend of the market.
Sixth, chasing the rise when the market breaks through a key position, or killing the fall when it breaks, is not a wrong decision in certain circumstances. But blindly chasing the rise and killing the fall, lacking rational analysis and judgment, is a big mistake.
Seventh, if the market continues to rise slightly, this is often a real upward trend. However, when there is a continuous large-scale rise, it may mean that the market is about to reverse, and you should consider leaving the market at this time.
Eighth, when the market shrinks and hits a new low, it is likely that there will be lower prices. Only in the case of a large-scale drop in volume can the bottom be formed, because a large-scale drop in volume often means a concentrated release of market panic.
Ninth, when at a high level, if there is a situation of large-scale stagnation, you must leave the market decisively. Even if you may make a misjudgment, you should first ensure the safety of your funds.
Tenth, for popular currencies, do not linger after making a profit, and stop profit in time. If the currency you hold does not appreciate over a long period of time, you should consider replacing it and looking for investment targets with greater potential.