Six Practical Tips for Short-Term Trading:
1. Don't rush to buy at high prices, and don't sell quickly at low prices: Wait a bit when the market is at a high, and don't rush to sell at a low; act when the trend is clearer.
2. Be cautious during sideways market phases: Operate cautiously when the market is flat.
3. Make decisions based on candlestick charts: Consider buying when a bearish candle appears, and think about selling when a bullish candle emerges, following the trend.
4. The strength of the decline determines the strength of the rebound: A slow decline leads to a weak rebound; a rapid decline often results in a strong rebound.
5. Use a pyramid strategy for position building: Buy in batches, increasing the purchase amount as prices drop to gradually reduce costs.
6. Respond to sideways movement after extreme price fluctuations: After significant price increases or decreases, the market often enters a consolidation phase. At this time, do not liquidate at high points, nor fully invest at low points; wait for a trend reversal signal before acting.
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