Teach, beginners how to trade, how to improve themselves!!!
I found that many fans are on the wrong learning path.
↓
No matter the weekend market, there isn't much to analyze about the overall market.
Just one sentence, look at 119 for Bitcoin.
，
Beginners first come into contact with various indicators and candlestick patterns.
What are 'm' peaks, head and shoulders, flags, etc.
。
But there is a saying that before you learn indicators and patterns, your win rate is 50%.
After learning, the win rate is 20%.
，
What is this for?
Because you know that an 'm' peak indicates a potential fall, but you don't know why it will fall, and you don't know where to start.
。
Thus, I sank into the world of indicators.
，
So, is there a way to solve this problem?
Yes.
Behind Dow Theory, there is Chan theory.
After learning Chan theory, you will understand trends, centers, and that trends ultimately perfect.
You finally understand that trends can grow. You finally know about buying points and selling points. Your sky has brightened.
But the problem is:
Taking this bull market as an example, during a rise, I dare not chase after it. I also don't dare to short.
Because of boredom, both Chan theory and Dow Theory focus on patterns.
If a coin rises to a new high without forming a pattern, how should it be judged?
So, those who only know patterns and Chan theory.
For a certain type of selling point's peak, or perhaps the peak of a certain type of buying point, it all relies on guessing.
In total, a type of selling point relies on guessing, a second type relies on luck, only when the third type of selling point appears can you really confirm the first two buying and selling points.
，
At this time, your sky has turned dark again, as if there are dark clouds, and you always feel that something is not right.
Is there a way to roughly judge the peak when a coin is surging to a new high?
A bit like a brother.
Learn order flow.
When you learn order flow, you will feel like you're clearing the clouds to see the sky.
You will exclaim! Oh! So that's how it is.
'm' peaks will fall, as it is the method of the main force washing liquidity.
The peak can originally be judged based on liquidity and orders.
。
The interpretation of order flow in Chan theory is actually like this.
You no longer feel confused about the market's rise and fall; the behavior of the market has an explanation in your mind, and you understand the basic logic of rise and fall.
。
Based on this idea, give it a try, it may not be suitable for everyone, but it won't do any harm.
Of course, you can also directly follow Doug's strategy. Recently, my win rate has increased.
Because after learning these, you also need time to monitor the market.
But if you're not full-time, you definitely won't have that much time.