Learn nine trading essentials in one minute and let the God of Wealth possess you!
1. If the currency price drops sharply in the morning, that is a good opportunity. Buy it quickly; if it rises like crazy in the morning, then you have to consider selling. Don’t be greedy.
2. If the currency price rises sharply in the afternoon, let's stop chasing it and don't be trapped; if it drops sharply in the afternoon, don't worry, it's not too late to make a move the next day.
3. When there is a big drop in the morning, don’t rush to cut the meat, hold on steady! If the currency price does not rise or fall, then take a break and recuperate.
4. Don’t rush to sell if the currency price doesn’t rise, and don’t rush to buy if it doesn’t pull back. If it keeps trading sideways, just watch the excitement, don’t rush to trade.
5. When buying a currency, choose the Yin line and don’t buy the Yang line; when selling, don’t rush to sell the Yang line and then sell the Yin line.
6. Everyone says not to go against the trend, but I think that sometimes going against the trend is what a real hero does.
7. When the currency price is consolidating high or low, don’t be impatient. Wait a moment and see the situation clearly before taking action.
8. If the currency price suddenly surges higher after trading sideways at a high level, it is a good time. You must sell quickly, don’t hesitate!
9. If you see the Hammer Doji pattern, you have to be careful. If you have a full position, you have to consider the risks.