The trading mantra can be summed up in 16 characters: Simplicity is key, go with the trend, cut losses in time, and let profits run.
Simplicity is key means that an increase is an increase, and a decrease is a decrease; judging rises and falls is easy. If multiple moving averages are trending up, it's an increase; if they are trending down, it's a decrease. It's that simple, don't overthink it.
Going with the trend means that when the market is rising, you should go long, and when it's falling, you should go short. It doesn't mean that going long when the market is rising is always correct. It's not about being right or wrong; it's about the magnitude. When the market is rising, the greater probability is that it will rise more than it will fall, and significant movements yield substantial profits.
Cutting losses in time means that if you are wrong, you need to stop your losses.
Letting profits run means that if you are making money, you should hold on to it.
In reality, most people lose money because they do the opposite: analyzing this and that, going against the trend, rushing to sell when they make a profit, and fighting hard when they incur losses.
All the examples of people making big money are basically based on these sixteen characters. This model is often unprofitable because significant market movements are rare and contrary to human nature. Once you have the opportunity, you can ride it all the way from start to finish, and you can get rich in life twice. #币安AlphaSUI生态交易竞赛 $BTC