If we strictly control our positions when trading contracts, operate with a plan, and never hold onto losing positions, what effect will this have after a month? 1. Trade with money you can afford to lose; not fearing losses is the way to profit; 2. Combine "fundamentals + technical analysis" to determine direction; with the support of fundamentals, trends can be more stable; 3. Only trade daily trend movements (fluctuations > 30%), do not engage in intraday short-term trades, do not trade in choppy markets, and do not foolishly hold coins; 4. In choppy markets, still adhere to trend strategies, strictly set stop losses, and patiently wait for trends to emerge; 5. If the direction is wrong, never hold onto losing positions; making a mistake is not terrifying, but losing everything is; 6. Prefer going long over going short; 7. In trending markets, I hope to patiently wait and choose entry points at advantageous prices.
In a bull market, don't be rigid when trading coins; 99% of people have made these mistakes. Correcting these bad habits will ensure you make steady profits! In a bull market, don't be rigid when trading coins; 99% of people have made these mistakes. Correcting these bad habits will ensure you make steady profits!
1. When you encounter a good coin but clearly have no buying point, you really want to buy it, afraid it will take off directly, even chasing the price to enter. At this time, your eyes are solely focused on it.
2. When doing value investing, you only focus on the price. When the price goes up, it's great and meets expectations, but if the coin price drops, you will selectively ignore the reality that the coin is at the end of a major cycle's upward momentum and has already realized its valuation, desperately searching for various fundamental supports to justify your viewpoint.
If the price rises quickly but falls slowly, it means that the market makers are accumulating funds #xrp#PNUT If the price of the currency rises quickly but falls slowly, it is likely that the market makers are quietly hoarding goods and preparing for another wave. If the price falls quickly but rises slowly, it is a signal of shipment On the contrary, if the price of the currency falls quickly but rises slowly like a snail, it may be that the market makers are quietly selling goods and the market is about to turn bearish. Don't rush to sell at the top with large volume, and don't hesitate to run fast without volume When it reaches a high level, the trading volume is still rising, don't rush, there may be a chance; but if the trading volume shrinks into a line, then withdraw quickly, it can't rise anymore. Don't move at the bottom with large volume, and continue to increase the volume before making a move When the trading volume suddenly increases at the bottom, don't rush to buy, it may be a short break on the way down; if the trading volume has been steadily increasing, it is worth considering entering the market.
The current market is a rapid rise and slow fall. Short-term investors must keep an eye on the market. It is more comfortable to trade in the medium and long term.