$BTC Trading frequently prohibited, risk-reward ratio is more important than win rate!
In half a month, starting with 500U, it reached 20,000U, yielding 40 times! Here are 8 timeless tips for trading, make sure to remember them! This is the key to my continuous profit for half a month, with a win rate of 89.5%. Especially remember this at the end!
In an uptrend, long positions are the main focus — in a downtrend, short positions are the companions.
High-level sideways movement means unloading — low-level upward movement means accumulating.
In an uptrend, small dips should be bought — in a downtrend, small rises should be sold.
Support levels that are held for too long will eventually break — resistance levels that are held for too long will eventually fail.
Now for the key point! What truly torments you is never any technical strategy or stop-loss, but your obsession.
The Dao De Jing talks about being at peace with the situation. When caught in a torrential rain, let it wash over you; when blinded by flying sand, sharpen your knife.
What heaven wants to take back was never meant to be held close; chasing the wind and moon will only tire you out like a dog. It’s better to lie quietly and watch the clouds go by. Remember to allow everything to happen; what seems like a disaster may just be a transformation!
If you encounter a bottleneck in trading, I’d be happy to be your mentor! I believe that all brothers who experience trading losses are like fine horses that can run a thousand miles! They just lack someone to guide them out of confusion!
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