Dr. Liu from Ningbo Bit Golden, Ningbo Chengnan Book Garden
白沐心
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In the crypto world, if you have a capital of less than 50,000 and are eager to stand out quickly through short-term trading, then you must carefully study this post. After reading it, you will have a profound understanding of the essence of short-term trading! Avoid the three deadly behaviors, adhere to the three don'ts principle 1. Never chase the price: An increase in coin price does not necessarily mean an opportunity has arrived; it may just be the prelude to a trap set by the market makers. It is better to patiently wait for the price to retrace to the moving average, or to enter the market when the MACD indicator shows a second golden cross. 2. Avoid going all-in: A complete gamble undoubtedly hands your fate over to the market makers, leaving you at their mercy. 3. Do not go in with a full position: Always reserve 30% of cash. This way, you can buy the dip when the price crashes, and add more when it surges, keeping the initiative firmly in your hands. Remember six maxims, accurately grasp the market, and harvest the main force 1. High position consolidation hides dangers; low position bottoming waits for takeoff: The longer the consolidation period, the greater the force of the subsequent breakout. 2. Watch and wait during consolidation; do not participate blindly; act only when the breakout direction is clear: Over 80% of losses occur because traders cannot control their impulses and operate recklessly. 3. Buy quietly on shrinking bearish lines; sell decisively on expanding bullish lines: Do not be swayed by market emotions; operate in the opposite direction to profit from panic selling. 4. Do not rashly pick up during a sharp decline; wait for a rebound during a slow decline: After a sharp drop, there is usually a rebound, while a slow drop may create new lows. 5. Sell more as prices rise, securing profits; buy more as prices fall, lowering costs: Use the pyramid building method, which can even lower costs below those of the market makers. 6. After sharp rises and falls, consolidation is the norm: Do not easily guess tops and bottoms; wait for the market to choose its direction on its own. Please remember: Trading strategy is the sharp sword to defeat the enemy, while discipline is the strong shield to protect yourself. If the inner demons of greed and fear are not eliminated, the risk of margin call will always follow.
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