I just had a chat with a big cryptocurrency trader. He said that he entered the cryptocurrency circle with 400,000 yuan, and his losses once left him with only 80,000 yuan. Now his assets are tens of millions. What helped him change his fate was to persist in learning and improve his cognition. He also summarized 5 experiences, which are full of gold. 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. The next day, they open low to suppress and absorb funds.
2. Make good use of the practical technology of trading volume. The volume can show the future market trend. The continuous rise in shrinking volume shows 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 see the top structure of the sector. Usually, the sector market is formed by five waves. The first wave hits the follow-up plate, the second wave washes the plate 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 shipment. In this process, the third wave has the largest increase, the first wave is second, and the fifth wave is the lowest. But the market is ever-changing, and there may be many cases that do not have the fifth wave. You can't memorize it by rote. After discovering that the leader of the sector is stagnant, the previous strength will no longer be continued during the rebound. The probability is that it has reached the top.
4. Every time the top of the big cake accelerates, 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 follow up.
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. Greedy 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, you will gradually get better, and after achieving stable profits, you can learn more skills to integrate them.
Therefore, as an investor, while pursuing high returns, you must carefully assess risks and invest rationally
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