There is a very foolish method of trading coins in the trading circle, currently with a win rate of nearly 99%! A must-read for all traders!
Point One: Do not check market comments after placing an order. There are always two types of voices in the market: one tells you the market will drop; the other tells you the market will rise. There will never be a day when the market has a unified bullish or bearish sentiment. If that were the case, there would only be one type of person in the market, either everyone is making money or everyone is losing money, which contradicts market principles. So after placing an order, do not think about how others are commenting on the market's rise or fall, because such conflicting opinions will shake your basis for placing the order, making you unsure whether to hold your position or exit early. Perhaps seeing others exit like you will give you confidence, and you'll think you'll make a lot of money, but when directions are inconsistent, you'll feel particularly anxious, and maybe you'll make wrong judgments and decisions in such a tense mindset!#策略交易
Point Two: Do not avoid stop-loss after placing an order and then lock in losses. Everyone knows that investing carries risks, and nothing is 100% certain, so a strict stop-loss must be set when placing an order. Stop-loss requires great courage; many people do not want to admit defeat, believing their direction is correct, because admitting defeat would directly lead to substantial losses.#BTC
Point Three: Do not easily increase your position after placing an order. Many people like to keep increasing their positions and charging forward. Remember not to increase your position when the direction reverses; wait for the next opportunity to build a position, because if you keep increasing your position, the stop-loss will inevitably move, and moving the stop-loss will only increase your losses.#MichaelSaylor暗示增持BTC
If you are also a tech enthusiast, delving into technical operations in the cryptocurrency world, you might want to follow the official account 'Bit Instructor', where you will get the latest cryptocurrency intelligence and trading skills!