The common problem with retail investors is: holding on through losses, but rushing to sell when they make a small profit, only focusing on the little cash in their accounts, ignoring the overall market situation and trading volume.

My advice is: when you make a profit, stay calm, and if you lose more than 5%, you should make a quick exit.

My little tip is: once profit reaches 15%, if it drops back to 10%, I will withdraw; if it continues to rise, then I will hold on.

By doing this back and forth a hundred or eighty times, even if I win half the time, I can still make a good profit in the end. The key is to restrain greed, not to fear losses, have a plan in mind, follow the market rhythm, and don’t go against the market.

To judge market trends, moving averages are a good tool; when they rise, it indicates a bullish trend, and when they fall, it indicates a bearish trend.

For short-term trading, just focus on the daily chart; when the trading volume increases, quickly follow the rhythm.

If you are engaging in medium to long-term trading, then you need to look at the weekly chart; buy boldly when it breaks out and sell decisively when it breaks down. When the market is sluggish, just stay put, don’t keep thinking about catching the bottom, making money against the trend is as difficult as ascending to the skies. In cryptocurrency trading, focus on the big trends and be quick to cut losses when wrong; this is much more important than making small profits.

During short-term trades, keep a close eye on the 15-minute to 1-hour candlestick charts, use KDJ to find buy and sell points, and then use OBV to guess what the main force is planning. When stocks are being washed out, trading volume will decrease, and it will increase during selling. When popular coins encounter risky news, they may experience short-term volume shrinkage and fluctuations, but later they may reach new highs.

If you like contracts, enjoy studying the market, and researching techniques, click on my avatar. I share years of experience and skills in the crypto circle for free; I’m waiting for you in the community, always online, welcome to discuss and progress together.