Essential and Practical Short-term Trading Skills (1)
In the ever-changing investment market, mastering a set of effective short-term skills is like holding the key to unlock the door to wealth. The following techniques are simple yet powerful, helping you navigate the waves of short-term trading.
1. Stay Calm at Highs, Steady at Lows
When prices soar to high levels, do not let the current uptrend cloud your judgment and blindly follow the trend to buy. At this time, it is crucial to remain calm and observe from the sidelines. Market trends are often difficult to predict, and high points may reverse at any moment. Conversely, when prices hover at low levels, do not panic. The formation of market bottoms usually requires time to confirm; it is wise to wait patiently until the trend becomes clearer and confirms an upward signal before taking decisive action.
2. K-Line Analysis, Entry and Exit Strategies
K-Line charts are key tools for reflecting market trends. When a bearish candle appears, it may signal a short-term market adjustment, at which point potential buying opportunities should be considered. A bearish candle often indicates that selling pressure is weakening, and the market may be about to rebound. Conversely, the appearance of a bullish candle suggests market strength, providing opportunities to explore selling points. Always trade in accordance with market trends; going with the flow significantly increases the probability of trading success.
3. Seek Opportunities in Declines, Recognize Different Intensities
Even in a downtrend, trading opportunities are hidden, but it is essential to differentiate the rhythm of the decline. If the decline is gradual, the subsequent rebound may be relatively weak; whereas a sharp decline is often accompanied by a strong reversal. Investors should keenly observe the speed and intensity of the decline to accurately grasp rebound opportunities under different circumstances, achieving profits even in downtrends.
With six years of experience in the crypto world, I share insights on contract and spot trading freely. Feel free to click my avatar to consult; let's improve together!