Today's sharing, methods for making T!!!
Making T and swing trading are auxiliary methods of value investing, not short-term trading. Everyone must understand this principle! Because making T and swing trading are carried out under the premise that the core position remains unchanged.
I have five principles that I must adhere to when making T and swing trading:
First, I must keep a trading record, writing down the time, quantity, and price in a notebook. Second, the quantity for each trade must be fixed; for example, if it’s 1000u each time, it cannot be 800u or 600u. If the quantity is not fixed, it can easily lead to confusion in thinking. When we invest, we need to do it in a systematic manner, with a fixed pattern, fixed quantity, forming a habit, and forming a conditioned reflex, so we won't make mistakes.
Third, the quantity of buying and selling must be consistent. If I buy 1000u, then I must sell 1000u. Making T does not necessarily need to be completed on the same day. After buying, if the price drops and I cannot sell, then I will patiently wait and sell a few days later. As long as I choose the right coin, it cannot keep falling indefinitely. A coin that keeps falling cannot be helped by even the most skilled traders.
Fourth, I never make losing trades; I refuse to sell if it’s not profitable. Even if I have to hold for a few months, I am willing to wait patiently. Investing is fundamentally about waiting; why be so impatient?
Fifth, I will only ever make positive T trades and absolutely not make negative T trades, meaning buying first and selling later, buying low and selling high; this way, I can completely avoid being kicked out. If everyone also adheres to these five principles, then when making T or swing trading, everyone will only make money and cannot lose money.