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Quick Notes on Ultra-short-term Trading
Don’t do short-term trading in a bull market, don’t sell at a loss in a bull market
Buy with patience, full position with confidence
Rebound is not the bottom, both short and long positions can make money
Eat until you are 80% full, don’t do long in a bear market
Don’t chase the rise in a bear market, sell with determination
Short positions rely on leisure, it is the bottom and not rebound
Only the greedy will not make money, trading makes 80%
Don’t know the current trend, is it rising or falling?
Don’t know the support and pressure? Don’t even know what level of buying and selling points are currently running.
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