1. Don’t trade during the day, it’s better to trade at night. First, your restlessness during the day will affect your trading, and second, it will be difficult to see the situation clearly.
2. After making a profit, do not chase orders and stop profit. Do not think about making a profit on a second order after making a profit on one order, otherwise it is easy to lose money.
3. Going long is conducive to shorting, so never go short unless it is absolutely necessary.
4. If you have time to watch the market, don't set stop loss and take profit. This is to prevent slight fluctuations from triggering the stop loss price and causing forced liquidation, which will affect greater profits. If you don't have time to watch the market, you must set it to avoid being fooled and causing large losses, or even zero.
5. The purpose of trading is to withdraw funds. If you make a profit, transfer part of it to the fund account regularly or withdraw it. Because human desires are endless, if you make a profit, you want to make more profit. As a result, you invest all the money you earn in the market, and end up losing it all (my personal experience). In addition, if you lose money continuously, don't recharge again, and control your mentality.
6. For short-term long and short positions, look at the one-hour K-line. Go long if the second-step rises, and go short if the second-step falls. When the market is sideways, if you cannot judge the future trend, look at the 4-hour and 1-day K-lines to decide whether to go long or short. At the same time, set the take-profit and stop-loss.
7. Don’t put all your eggs in one basket. Separate your funds as much as possible and trade in multiple positions and directions. #“圣诞老人行情”再现 $BTC $ETH
