Since I started with 10000 to trade contracts, my net worth has reached 8 digits; my journey in cryptocurrency trading is like a novel story!
1. If your initial capital is not very large, such as within 100000, being able to catch a big market fluctuation once a day is enough. Do not be greedy, always hold positions #美国PPI数据来袭
2. When encountering significant positive news, if you do not sell on the same day, remember to sell at the high opening the next day. Realizing the positive news often turns into negative news #CPI数据来袭
3. The news and holidays are also very important. When encountering major events, adjustments should be made in advance (reduce positions or even go into cash). Historically, whenever there are significant events, the market will experience major fluctuations. If you can't grasp the direction in advance, wait for the market to come and follow the trend.
4. The strategy for medium to long-term trades must be to enter lightly, leaving enough room for operation. Steady operations are the best strategy; do not operate with heavy positions.
5. Short-term trading focuses on following the trend, entering and exiting quickly. Avoid being greedy and hesitant. In cases of large market fluctuations, look for suitable entry points. If the market is stagnant and not active, then go into cash and wait patiently #美国PPI数据来袭
6. If the market is fluctuating slowly, the rebound will also be slow. If the market fluctuates quickly, then the corresponding pullback will also be rapid $XRP
7. If you enter in the wrong direction, then cut losses in a timely manner (do not hesitate to hold onto a losing position). Stopping losses is a form of profit; preserving funds is the fundamental way to survive in the market $BTC
8. For short-term trading, you must look at the 15-minute candlestick chart. The KDJ indicator can help you better capture suitable entry positions $ETH
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