Key points to pay attention to in short-term trading.
First, it is essential to study the characteristics of the current market trend. Is it a one-sided market* or a volatile market? What are the characteristics of a one-sided market and a volatile market? There should be a clear standard. This is very important because the strategies for operating in a volatile market and a one-sided market are different.
Second, short-term trading must also consider the trend issue. For example, if the overall trend is upward, you should mainly focus on buying low. Therefore, short-term trading also needs to take the trend into account.
Third, it is the ability to judge entry points. This is the key to success. Only by making the entry points as precise as possible can you minimize losses without being stopped out. Only by selecting the right timing can stable profits be achieved. If, after placing an order, you quickly find yourself in floating profit, you will naturally not have issues with your mindset. However, if you remain in floating loss for a long time after placing an order, it will naturally lead to psychological panic. You also cannot hold onto the positions steadily.
