Most people in the market have the common flaw of not understanding trends, blindly chasing price increases and selling during declines, resulting in losses.
There are only three possibilities: an upward trend, a downward trend, and wide fluctuations. In simple terms, it's about personal market feel. The market cannot always go up or down. In a prolonged trend, the subsequent movement is mostly sideways, followed by a decline.
After a sideways movement, if one cannot distinguish the subsequent rise or fall, it largely depends on trend lines. A breakthrough of strong resistance allows for light positions to chase, while a break below key support should prompt shorting. Remember not to overload positions; strictly following these guidelines, you will slowly find that your profits begin to stabilize.
Blindly chasing price increases and selling during declines is the most frightening, as you do not clearly understand where the resistance and support levels are, especially in a fluctuating market. When it rises, you chase it, and when it falls, you counter, resulting in the market reversing again, repeatedly tormenting you.
I believe it is very necessary to follow a reliable KOL.
Especially to consult those who have achieved significant results, to gain their cognitive value.
However, do not ask just one person; you should ask at least 10 people if they can point out where they made money.
If those points are the same, then I tell you, this must be the truth.
Continuously follow: knc asr atm mav
