With four major signals in hand, you don't have to worry about buying at the bottom and escaping at the top. Xiaoxian will tell you what the dealer's routine is!
1. Observe the "steady progress" of the market: Imagine that you go to the market to buy vegetables and find that the price of a certain vegetable has risen slightly, but customers are still coming in an endless stream, and the trading volume has not changed much. This is like when investing, if the price of the currency occasionally makes a small correction during the rise, but the buying and selling activity does not decrease, this often indicates that it can continue to "go up". But if the price reaches a new high, but there are fewer buyers, then you have to pay attention to whether it is about to reach the top, just like when you notice that there are few customers in front of the stall when buying vegetables.
2. Wait for the confirmation of "bottoming out": Sometimes, the currency you like is like a special offer in a supermarket, with an attractive low price, but don't rush to buy it. Wait for its price to drop a little bit, and then quickly rise, just like the special offer goods are sold out and then return to their original price. This is a good time to make a move.
3. Seize the moment of "breaking out of the cocoon and becoming a butterfly": Imagine a butterfly struggling out of its cocoon. Although it may fall back to the ground for a short time, when it flaps its wings again and flies high, it will be its most splendid moment. Similarly, when an investment product suddenly breaks through after hovering at a low level for a long time, even if there is a pullback or even a short break, as long as it starts again, it is likely to be the beginning of its brilliance.
4. Beware of the trap of "false shot": Sometimes, the market is like a naughty child, using a series of tricks to attract your attention. For example, after a certain investment product has continuously created new highs, it begins to become hesitant, rising a little bit for a while, and then falling again, as if teasing you. At this time, you have to be careful, this may be a "bait" to lure you to buy at a high price, but you may end up being stuck in it.
Remember, these tips are like little wisdom in life, which can help you go more steadily and further on the road of investment and financial management. But don't forget that each market has its own uniqueness. Only by combining it with actual conditions and using it flexibly can your investment decisions be more accurate and effective.
