Why are you losing money in this market while I can profit 500,000 USDT
Let me share my practical experience summary of short-term trading
1. High-level consolidation may create new highs, while low-level consolidation may create new lows
Wait for the direction to be clear before taking action; don’t rush to enter the market.
2. Don’t make random moves during sideways trading
Most people lose money because they can't resist the urge to operate during this time. Sideways trading means the market is "holding back for a big move"; patiently wait for signals.
3. Buy on bearish candles, sell on bullish candles
Consider buying when the daily candle closes bearish, and consider selling when it closes bullish. Going against short-term fluctuations is often safer.
4. The slower the decline, the weaker the rebound; the sharper the decline, the stronger the rebound
Judge the strength of the rebound based on the speed of the decline and adjust strategies flexibly.
5. Buy in batches to reduce risk
For example, buy 10% the first time, add 10% when it rises by 5%, and so on. This way, the cost is averaged, and the risk is spread out.
6. Excessive rise or fall must lead to sideways trading
After continuous rises or falls, it usually enters a period of sideways consolidation. Don’t sell everything at high levels, and don’t buy everything at low levels; wait for signals before acting.
Steady progress is the way to go
These days I am preparing to launch an amazing trade!!!
Comment 168 to get on board!!
Unpredictability brings unpredictability brings unpredictability brings!!!
Important things are said three times!!!