Core Four Strategies for Short-term Trading
First Point: When short-term trading peaks, do not be greedy.
Short-term trading is about trading a trend that is rising in the short term. If the trend starts to peak from a high point, do not indulge in fantasies or greed; adhere to the principles of the short-term trading system and sell promptly. There will be new opportunities to enter the market later.
Second Point: Focus on strong coins and enter and exit quickly.
The core of short-term trading lies in choosing strong coins. Strong coins have sufficiently good liquidity, and as long as the trend has not peaked, there will continuously be funds entering to support the upward trend.
Third Point: Capture the absolute leading coins in hot sectors; they peak slowly but yield quickly.
When a hot sector is formed and a new wave starts, once a new absolute leading coin appears, you can then intervene. There will be no competition among leading coins, which will only increase faster as they rise.
Fourth Point: Stop trading when your short-term strategy is not generating profits.
When the market has no hot spots or your short-term strategy has no profit effect, the best trading action is to stay out of the market. Staying out is to wait for better short-term strong coins to appear. Have you learned this?
