Share some insights from 12 years in the industry in simple words
1. Market Rules: Where there are rises, there are falls; where there are falls, there are rises!
A trading market without waves is not called a market; seek profit in the waves!
2. Trading Mindset: Trading is a process of playing against oneself, contrary to human nature. Regularly recite the "Heart Sutra" and "Diamond Sutra" to stabilize emotions!
3. Following and Contrarian: Trading and positioning require a comprehensive application of trend-following and contrarian thinking at different stages. Pay attention to the macro situation and listen more to everyone's opinions...
4. Choice of Types: Always choose the leading ones as the main focus, whether in the stock market or the crypto space, as they have strong risk resistance!
5. Investment Structure: 90% leading coins and stablecoins, 5%-10% opportunity types, regularly check the structural ratio and balance operations!
6. Investment Strategy: Spot trading, dollar-cost averaging, Martingale, grid trading, dual-coin investment, one-way contracts, two-way contracts...
7. Tools: Focus primarily on macro aspects, supplemented by trading volume, Bollinger Bands, moving averages, Fibonacci...
8. Investment Style: Conservative approach, combination strategies, not pursuing high returns, winning steadily, and maintaining a steady flow...
Others to be continued...