This trading secret might save your trading career!
Attention, new cryptocurrency traders! I have a secret to share with you.
Many traders feel that there’s no need to stare at the screen all day buying low and selling high; trading every few minutes or hours is also fine. That’s true, but be careful not to overtrade. If you jump in without checking the daily high and low prices, you could end up making twenty or thirty trades in a day, which is not good for beginners.
So what to do? We have a simple secret: check the daily high and low prices. Remember, at 11 AM Eastern Time, the market often likes to make a big reversal. When the market stabilizes, volatility diminishes, and prices fluctuate between the high and low.
So if the price is moving in one direction before 11 AM, it’s likely to continue until the next 11 AM. If it’s not moving, then there probably won’t be a reversal that day. Therefore, it’s important to check the daily high and low prices, find the right entry point.
These suggestions are for those who are struggling in the cryptocurrency market and are unfamiliar with the trends. I hope they can help you.
Don’t be blinded by short-term fluctuations. Sister Qi teaches you to set goals, advance step by step, and witness wealth explosion with a smile! Follow Sister Qi, and let her guide you from confusion to freedom!