What secrets lie at the end of trading?
Back in the day, Buffett had already conducted in-depth research on technical analysis and the stock market when he was young. He wisely pointed out that smart people should avoid overly relying on technical trading. After all, technical analysis is truly a thousand faces. Just like the technical indicators we often use, MACD and RSI, everyone looking at the same chart may have vastly different interpretations and analyses, and they are not a universal key that can unlock all market mysteries.
Trading is actually like fighting a war. The opponents in the market are always changing, and you need to have various tactics to respond. When faced with different market trends, you must be able to calmly provide counter-strategies instead of being led by market emotions and losing your footing. Livermore once said, "There is nothing new on Wall Street; anything that happens in the market today has happened before, and it will happen again." This statement resonates powerfully.
In the market, the major players may try to manipulate prices, but don’t forget, their opponents may also be another powerful player. If one does not follow economic laws and historical cycles, one may very well be ambushed by the market. Looking at the miserable failures of top financial giants and countless hedge funds, we should understand that no one can control the market 100% at will.
There are no two identical leaves in the world, but each leaf must go through the cycle of spring, summer, autumn, and winter. Similarly, the major players cannot escape the natural laws of the market. Whether in prosperity or decline, the market has its inherent logic and rhythm. $BTC $ETH #币安Alpha项目公布 #USUAL现货上线币安 #加密市场盘整 #PENGU开盘 #加密用户突破1800万