威科夫交易法解读盘面
Open Trade
ETH Holder
High-Frequency Trader
4 Years
13 Following
455 Followers
219 Liked
9 Shared
Posts
Quotes
Videos
See original
PINNED
The essence of trading digital currencies is
1. Emotional management is key
The digital currency market is highly volatile; greed and fear are the biggest enemies. Successful traders know how to control their emotions, avoiding the temptation to chase prices blindly during short-term surges, and not panicking during a drop. Stay calm and follow your trading plan, rather than being swayed by market emotions.
2. Understand market trends
“Go with the trend” is a classic principle in trading. Learn to identify whether the market is in a bull market, bear market, or sideways movement, and avoid counter-trend operations. Technical analysis (such as support levels, resistance levels, trend lines) and fundamental analysis (such as project progress, macroeconomic factors) can help you judge the overall direction.
3. Risk management above all
Never invest all your funds in a single trade or asset. Set stop-loss points and control the risk exposure of each trade (for instance, only use 1%-5% of your total funds for a single trade). Preserving your capital is more important than chasing high profits because as long as you have capital, there’s a chance for recovery.
4. Patience is more effective than frequent trading
Overtrading often leads to losses. Wait for high-probability opportunities instead of trying to catch every fluctuation. The market won’t provide you with profitable opportunities every day; learning to stay on the sidelines can also be a form of wisdom.
5. Build your own system
Whether for short-term speculation or long-term holding, find a trading strategy that suits your personality and risk tolerance.
6. Continually review and optimize your methods, rather than blindly imitating others. Discipline in execution is more important than spontaneous decisions.
7. Accept uncertainty
The digital currency market is full of unknowns, and no one can predict trends with 100% accuracy. Acknowledge this, prepare mentally, and avoid collapsing due to a single mistake. Trading is a game of probabilities; long-term profitability relies on a balance of win rates and profit-loss ratios.
8. Keep learning and remain humble
The market is changing, technology is changing, and policies are changing. Maintain a thirst for new knowledge and stay informed about industry trends (such as regulatory policies, blockchain technology developments). At the same time, do not become complacent after a few successes; the market will always teach lessons to those who are overly confident.
In summary, the essence of trading digital currencies lies in: unity of knowledge and action, keeping a steady heart. Know your goals and bottom line, and use rationality and discipline to navigate the uncertainties of the market.
1. Emotional management is key
The digital currency market is highly volatile; greed and fear are the biggest enemies. Successful traders know how to control their emotions, avoiding the temptation to chase prices blindly during short-term surges, and not panicking during a drop. Stay calm and follow your trading plan, rather than being swayed by market emotions.
2. Understand market trends
“Go with the trend” is a classic principle in trading. Learn to identify whether the market is in a bull market, bear market, or sideways movement, and avoid counter-trend operations. Technical analysis (such as support levels, resistance levels, trend lines) and fundamental analysis (such as project progress, macroeconomic factors) can help you judge the overall direction.
3. Risk management above all
Never invest all your funds in a single trade or asset. Set stop-loss points and control the risk exposure of each trade (for instance, only use 1%-5% of your total funds for a single trade). Preserving your capital is more important than chasing high profits because as long as you have capital, there’s a chance for recovery.
4. Patience is more effective than frequent trading
Overtrading often leads to losses. Wait for high-probability opportunities instead of trying to catch every fluctuation. The market won’t provide you with profitable opportunities every day; learning to stay on the sidelines can also be a form of wisdom.
5. Build your own system
Whether for short-term speculation or long-term holding, find a trading strategy that suits your personality and risk tolerance.
6. Continually review and optimize your methods, rather than blindly imitating others. Discipline in execution is more important than spontaneous decisions.
7. Accept uncertainty
The digital currency market is full of unknowns, and no one can predict trends with 100% accuracy. Acknowledge this, prepare mentally, and avoid collapsing due to a single mistake. Trading is a game of probabilities; long-term profitability relies on a balance of win rates and profit-loss ratios.
8. Keep learning and remain humble
The market is changing, technology is changing, and policies are changing. Maintain a thirst for new knowledge and stay informed about industry trends (such as regulatory policies, blockchain technology developments). At the same time, do not become complacent after a few successes; the market will always teach lessons to those who are overly confident.
In summary, the essence of trading digital currencies lies in: unity of knowledge and action, keeping a steady heart. Know your goals and bottom line, and use rationality and discipline to navigate the uncertainties of the market.
See original
The saddest thing: not being strong enough, not studying seriously, even if not studying, not knowing how to copy homework, how sad.
See original
The location has arrived, and we have entered.
BTCUSDT
Long
Closed
PNL (USDT)
+4.02
+42.77%
See original
Everyone shouldn't be afraid when the market drops or go short when it rises; have your own thoughts, verify, and review.
BTCUSDT
Long
Closed
PNL (USDT)
+124.23
+62.33%
See original
No pending orders, the alert went off to buy at the current price, it's fine, not much difference.
BTCUSDT
Long
Closed
PNL (USDT)
+31.46
+63.95%
See original
ETH is now close to the resistance level, around 2830, which is not only today's resistance but also the weekly resistance. So let's first look for a pullback, but it won't be too deep. The estimated lowest price in the coming week is around 2580. Let's just watch how the market moves; I'm just speculating, so please don't be harsh if you disagree.
Login to explore more contents