In actual combat, those simple and effective methods can greatly increase the winning rate. No matter what type of trading you do, as long as you can combine knowledge and practice with this set of formulas, it will be difficult for you not to make money in the cryptocurrency circle. I have made this set of formulas my trading criteria and have achieved stable profits from losses. I will share it with you today. If you understand it, it will definitely help you get on the right path of trading.
Don't go high, don't sell, don't go low, don't buy, and don't trade when the market goes sideways. Many friends do the opposite in the transaction, which causes you to be trapped frequently. This sentence actually reveals the most basic principle of trading and is also the most effective way to achieve stable profits.
If you buy the online Yinxian line by mistake, you must buy the offline Yangxian line, and if you sell by mistake, you must sell. The online and offline here refer to the moving average, which is an important support and resistance level. This position is an important reference point for us to enter and exit the market.
If the stock price goes sideways at a high level and then rises again, seize the opportunity to sell quickly. If the stock price goes sideways at a low level and then reaches a new low, it is a good time to buy in with full position. This sentence means that after the stock price consolidates at a high level, a new high will generally appear later. And after consolidating at a low level, a new low will generally appear later. If the stock price fluctuates sideways at a high level, it means that it is in a period of change. It is best to watch the show with empty positions and do not participate. The sideways static state of the stock price at a low level is exactly what we need to focus on, and it is a good time for us to take action. I hope my sharing is helpful to you. Follow Lao Li, and we will grow together.
