Avoid These 3 Mistakes:
1. Don’t buy when prices are rising. Buy during dips—be greedy when others are fearful.
2. Don’t make large bets. Stay cautious.
3. Never go all in. Keep cash ready—opportunities always come.
6 Short-Term Trading Rules:
1. Wait for breakouts. High-level consolidation usually leads to a new high, low-level to a new low.
2. Avoid sideways markets. Most losses happen here.
3. Use candlesticks. Buy after bearish close, sell after bullish close.
4. Watch momentum. Slow drops = slow rebounds; fast drops = quick rebounds.
5. Use pyramid buying. Add more as confidence grows.
6. Expect consolidation. Don’t fully sell at the top or buy at the bottom—react to post-consolidation moves quickly.