BTC Tomorrow's Trading Strategy
This morning, the closing price of Bitcoin rose by 0.7%. Today's series high is 8, and if it continues to rise tomorrow, there will be a series high of 9, which will create a small peak. However, the sequence is not regular, so pay attention to whether there is structure on the 4-hour chart. If the level is not significant, there is a high probability it will dull and disappear. Without structure, there will be no trading!
Xu Xiaoming established the five key principles of systematic trading: the principle of openness.
If you are losing in the market, then it is certain that there are some shortcomings in your trading system. Therefore, your system should be open, always ready to accept the correct and correct the errors.
Because times are changing, market conditions are also changing, and the methods and logic of trading are changing as well. Trading systems cannot be rigid; they need to continually inject enthusiasm and vitality.
You need to open your eyes to observe more, perk up your ears to listen more, and more importantly, open your mind to communicate with others. You also need to periodically take a break, gather some data, and reflect on whether your trading system still adapts to the current market.