Short-term cryptocurrency trading tips: follow the trend, find low points, avoid chasing highs, set stop-losses
1. Follow the trend: Operate according to the intra-day trend, estimate the general direction based on experience, fundamentals, and technicals, and adjust as needed.
2. Find low points: For long positions, entering at low points is a prerequisite for intraday profits.
3. Avoid chasing highs: Control emotions, avoid blindly chasing price increases to prevent losses.
4. Set stop-losses: When heavily invested, immediately stop-loss if the direction reverses, do not hesitate. The trend comes first! Positioning comes later! If you're still confused and don't know how to set stop-losses and take profits, managing your position size might be worth paying attention to. Comment 168 to discuss together $BTC
