Trading is like selling goods; different strategies require different logic. Long-term trading is like the luxury goods market, with very few orders, only a few per year, but each one can yield substantial profits. Short-term trading is like fast-moving consumer goods, relying on volume to generate small profits, requiring frequent entry and exits, all based on volume. Mid-term trading is a middle-of-the-road approach, similar to the cost-effective approach for digital products like mobile phones and computers, striking a compromise.
If you want to invest long-term, you must focus on the long term; fundamentals are king. Selecting a target should be as meticulous as choosing luxury goods: either it's high-quality or you must be thoroughly familiar with its underlying foundations, with no compromise on quality.
When trading short-term, don't dwell too much on the actual value of the target; instead, focus on capital flows and market sentiment. Short-term prices often align with fundamentals, and this is normal—if they always align perfectly, wouldn't trading be a losing strategy?
For mid-term trading, first understand the fundamentals; that's the bottom line. Then, you need to understand the win rate and odds. The profit-loss ratio is the ultimate criterion, and ultimately, the results speak for themselves. Some people are dedicated to short-term trading, some specialize in mid-term trading, and some hold onto long-term strategies. Even the same person can switch between them at different times, and there's nothing wrong with that. Each strategy isn't inherently right or wrong; it's just a matter of approach: short-term trading relies on volume to generate revenue, long-term trading relies on quality to generate significant profits, and mid-term trading is about balancing sales and profits.
Short-term trading can help reduce costs, but its short lifespan makes it difficult to achieve significant wealth. Long-term trading, with its lengthy cycles and numerous variables, can easily lead to setbacks. Based on my experience, mid-term trading, following the trend, is probably the most reliable option for the average trader. #美国初请失业金人数 #加密概念美股普涨 #BNB创新高