It is necessary to repeat the principles mentioned many times before:
1. The money in your hands must be able to stay in the trading market for a long time and stably. There must not be any borrowing or other situations. This is too critical. I have seen too many people die because of the non-long-term nature of money.
2. The level must be matched. It is best not to simply short-term. Any currency entered should preferably be entered at the daily level. It must not be far from the bottom, especially for novices. This is more important. Short-term allows you to reduce costs and ensure the safety of holding. In addition to the unilateral upward trend of the daily line, short-term must be adhered to. But the position can be controlled, for example, use 1/3 of it. After slowly developing good habits, you can be more arbitrary.
3. If the judgment is not accurate, it doesn’t matter if the selling point is wrong. Are you afraid of not finding a good one with so many tickets? But the buying point must be cautious. It is better to have fewer chips than to chase high and buy back. In the operation, there will be unskilledness at the beginning, which is not surprising. The trading level needs continuous practice to improve.
4. If you enter with a medium- and long-term mentality at the beginning, try to refer to the fundamentals. Don't get too bad tickets. For short-term, you don't need to consider these issues. Just look at the technology and get in and out quickly.
5. Don't be dependent. Only when the trend becomes a part of yourself in practice, it is real.
6. A bad habit is enough to ruin everything. You must constantly summarize after each operation and gradually improve your trading cognition.
7. If you choose the currency with a medium- and long-term mentality, then don't cut your position casually. The money you lose is really lost. As long as the chips are there, continuous short-term is enough to spread the cost. Cutting your position may not necessarily buy better tickets, especially in the case of medium- and long-term still optimistic, it is even more unnecessary.
8. You can make money by selling first and buying later. Don't just know to buy first and sell later.
9. All cottages are air. What you want is not any air, but to draw blood through these air!
10. Fear and greed are all derived from ignorance of the market.
