Retail investors around the world have a common problem: they hold on to their positions when they lose money, and sell them as soon as they turn a profit. They neither look at the trend nor the trading volume, but only focus on the small profit in their accounts. The correct approach is to do the opposite. Hold on to your profits, and stop losses when you lose a little and exceed your principal by 5%. The stop-profit and stop-loss principle I set is: when the profit reaches 15%, stop profit when it falls back to 10%, and continue to hold if it continues to rise; operate 100 times, even if the winning rate is only 50%, the profit can reach 300% according to this principle. The difficulty lies in overcoming greed and fear, integrating knowledge and action, and remembering that the trend is king and following the trend.
To judge the trend, you can look at the moving average, which divides long and short positions. Upward is long, and downward is short. For short-term trading, look at the daily moving average, and follow up with a large volume breakthrough; for medium and long-term trading, use the weekly moving average as the standard, break through to enter, and break through to leave. If the market is not good, go short. Don't buy the bottom easily when the currency market is trending downward. Don't fantasize about making profits against the market. When speculating in currency, you must seize the high probability and give up the low probability. The courage to admit mistakes and stop losses in time are the foundation of life, which is far more important than making profits for a while.
For short-term trading, you should pay attention to the 15-minute - 30-minute - 1-hour K-line chart, find the entry and exit points of the day based on KDJ, and use OBV to judge the main intention. Washing the plate and shrinking the volume, shipping and increasing the volume, strong coins encounter risk announcements, short-term trading is mostly shrinking and shaking the warehouse, and there may be new highs in the future.
No wonder it's so gentle tonight, like an ant crawling, it turns out the market is closed, I guess there will be a lot of action in the second half of the night$ETH #币安BNSOL质押PYTH #山寨币走势展望 #BSC生态活力释放 #市场回暖新机遇 #以太坊时刻到来?
Six Tips for Short-term Stock Trading The first is that after the price of a coin consolidates at a high level, there will usually be a new high. On the other hand, after a low-level consolidation, it will often create a new low. Therefore, we should wait until the direction of the market change is clear before we take action. The second is to avoid trading during sideways movement. Most people lose money in trading because they cannot adhere to this simplest principle. The third involves choosing candlestick patterns; when we see a bearish candlestick, we should buy on the daily line. When we see a bullish candlestick, we should sell. Fourth, the decline slows down, and the rebound is also slow; a rapid decline leads to a rebound. The fifth principle is to build a position using the pyramid buying method, which is the only unchanging principle of value investing. The sixth point is that when a particular coin continues to rise or fall, it will inevitably enter a sideways state. At this time, we do not need to sell everything at a high point, nor do we need to buy in full at a low point. Because after consolidation, we will inevitably face a change in the market. If the market changes from high to low, we must clear our positions in a timely manner; in any case, we must push forward promptly.
It has been in this position since the morning, let's first harvest an order to see how the momentum is tonight, and continue the public battle until the evening #山寨币走势展望 #BSC生态活力释放 #市场回暖新机遇 #以太坊时刻到来? #美PCE年率创半年来最大增幅 $BTC