High-level guidance, 8 principles for stable profits
If we want to achieve stable profits in trading, I have summarized a few straightforward truths. Remembering them can help avoid many detours:
First phrase: Buy on the rise, not on the side. Consider buying when the trend is upward or during a pullback; don’t buy aimlessly while it's sideways;
Second phrase: Don’t sell at the peak of excitement. When the market is hot, don’t rush to sell off; take your time to observe;
Third phrase: Continuous small rises still have room to rise. If there are continuous small upward movements, it's likely to continue rising; don’t rush to exit;
Fourth phrase: After significant rises, expect a pullback. After a surge, a breather is normal, and a pullback is to be expected;
Fifth phrase: Sudden drops with low volume will bounce back. A big drop with little volume usually rebounds quickly;
Sixth phrase: Sudden drops with high volume indicate a significant drop. If there's a large drop with high volume, it may fall hard, so be cautious;
Seventh phrase: A long shadow on a pullback indicates accumulation. If the price shoots up and then falls back, leaving a long shadow, it could mean that the main force is quietly accumulating;
Eighth phrase: Don’t build positions in shallow pits. If there isn’t a significant drop, don’t rush to build a position; wait until a proper pit is formed before considering.
If you are new to trading, I don’t expect you to fully grasp all 8 phrases. If you can execute the last phrase “Don’t build positions in shallow pits” well, you won’t lose money. If you don’t understand any of these 8 phrases but still want to make money in the trading market, take my advice: find a circle of experts to learn from; don’t wait until you’ve lost everything to regret it. The math is clear; if you can’t figure it out, why trade at all?
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like➕Comment➕Follow, and let’s navigate through the bull market together and seize this great opportunity!