Trading, do not ignore the most straightforward information at hand
Trend trading should avoid complex analysis, seize the most straightforward information, clarify the trading level, and prevent subjective misjudgment and counter-trend operations.
1. Trend Determination Criteria
The simpler the criteria for trend determination, the closer it is to the essence of the current market situation. The more diverse the analysis methods used, the more complex it becomes, making it easy to interpret different or even contradictory information from the current trend, leading to subjective misjudgment.
2. Misunderstanding Market Trends
Divergence does not equal reversal, and encountering resistance does not equal reaching a peak. They are both temporary states, representing a pause in the trend for a certain period of time, and a pause does not mean that momentum will completely reverse.
3. Distribution of Market Opportunities
The distribution of market opportunities is unbalanced; the difficulty of trading is completely different in different volatility cycles. We must always remember what the significance of technical analysis is; its significance lies in revealing the most obvious and essential information in the market. #比特币战略储备