Yesterday, I had a chat with a big cryptocurrency trader. He said that he entered the cryptocurrency circle with 300,000 yuan, and his losses once left him with only 70,000 yuan. Now his assets are 10 million yuan. What helped him change his fate was to persist in learning and improve his cognition. He also summarized 6 experiences, which are full of gold content. I hope that friends who read them will be inspired.
1. Don't rush to stop loss in the early morning market. It is usually an overreaction to the negative news the night before. You can wait for the repair and reversal of the market in the future. Don't blindly chase the rise at the end of the market. Some main players like to test the market and lure more, and open low the next day to suppress and absorb funds.
2. Make good use of the practical technology of trading volume. The volume can show the direction of the future market. The continuous rise in shrinking volume indicates that the main force has strong control over the market. The decline in shrinking volume indicates that the panic market has not come out and the freezing point has not been reached, so it will continue to fall.
3. Learn to look at the top structure of the sector. Usually, the sector market is formed by five waves. The first wave hits the follow-up market, the second wave washes the market and adjusts, the third wave is the main rising wave, the fourth wave is complex and divergent, and the fifth wave lifts and pulls the goods. In this process, the third wave has the largest increase, the first wave is second, and the fifth wave is the lowest. However, the market is ever-changing, and there may be many cases that fail without the fifth wave, so you can't memorize it by rote. After discovering that the leading sector is stagnant, the previous strength will no longer be continued during the rebound, and the probability is that it has reached the top.
4. Every time the top of the big cake is accelerated, you will see a certain sector copycat surge, which will trigger a reversal of the big cake. Just look at whether the performance of the major leaders has stopped falling and risen, and the index will also rise later.
5. It is easy to get started with concentration, especially for new friends who have just entered the market. Studying a way of playing and mastering the skills will gain more than learning eighteen martial arts at the same time. Greed will lose, and it is easy to be taught a lesson by the market if you are not good at learning. Don't switch modes at will, calm down and learn, and you will gradually get into a good situation. After achieving stable profits, learn more skills to integrate them.
6. The trend operation is divided into three structures: up, down, and horizontal. In the rising stage, the winning rate of all technical indicators will increase, and in the consolidation stage, it is more efficient to use support pressure to sell high and buy low. In the downward trend, most indicators are invalid. Use different tools to deal with different stages, so that you can be confident.
After the rain, I am willing to hold an umbrella for the leeks! I am Qiu Ge, follow me, and we will go hand in hand on the road of the cryptocurrency circle!#BTC
