It is extremely wise to stop loss in time. Anyone who knows how to cut off an arm to survive is a hero.
If the partner is not the right one, the business must be separated as soon as possible even if the company has grown to a certain scale. If your friends are not the right ones, you should cut ties as soon as possible even if you have been together for a long time. If your wife is not right, you should divorce her quickly even if the property will be divided in half.
Someone has studied the characteristics of fund managers who have made a lot of money on Wall Street. The answer is that they are all divorced, even if they have given their wives a huge amount of wealth.
Those who can beat the market never hesitate to cut losses.
Apple CEO Tim Cook also became famous for cutting losses in a timely manner. When many stocks could not be sold, Cook did not sell them. Instead, he asked his subordinates to dig a big pit and buried all the Apple computers in the ground, decisively discarding them.
Anything, as long as you participate deeply, operate extensively, and continuously review and correct during the process, will ultimately yield a good result. This is an objective iron law. #BNBChain爆发
The Circle of Freedom, some have 30 million, some have 300 million.
As for public servants, we won't talk about them, but for ordinary people, aside from a portion of cryptocurrency/futures/stocks/investment experts and a small group of top influencers and bloggers who can achieve this, the rest will likely have to engage in business, facing numerous challenges, repeatedly overcoming them.
Being proactive, one does not have to wait until they are fully prepared to set off; instead, they are getting results all along the way. I am Chris, see you in Hong Kong. #币安LaunchpoolGUN #BSC链热浪来袭
The dealer and the retail investors, a zero-sum game.
The more concentrated the chips, the simpler the gaming factors become. If the dealer washes out the retail investors, they can push the price up.
The more dispersed the chips, the more complex the gaming factors are, with macro environment and monetary policy being the main causes.
For large stocks, analyze macro factors. For small stocks, analyze the dealer's psychology.
The secondary market has many inexplicable, wildly fluctuating coins.
This strong dealer clearly pushes and crashes the price, and those who rush in are just gamblers.
In the face of a strong dealer, you can think counterintuitively: if the trading volume is too low, making it inconvenient to offload, they will push the price up. If the trading volume is high but the price does not rise, it is generally a sign of offloading, so it's better not to catch the falling knife.
How to judge a strong dealer?
Against the trend.
During a period of general market decline, if a certain coin suddenly surges, it indicates that this dealer is very strong, and you can add it to your watchlist for long-term attention.
As a retail investor, as long as you have enough patience and set up ambush in advance, you can also share in the profits.
Look at the market trends and filter out more than half of the people.
Make the right market moves and filter out the vast majority of people.
Unity of knowledge and action, willingness to place bets, and having courage and determination are necessary to make money.
To truly make big money means having to capture the entire market trend and being able to withstand corrections; this requires an extremely strong mindset.
First level: Experience, cognition, strategy.
Second level: Courage.
Third level: Mindset.
In the trading field, the success of one general comes at the cost of countless bones; it goes against human nature, but the potential rewards are also very substantial.
Market value is just market value, not really worth this much money.
Listing, lock-up, only a small portion is circulating, so it's easy to manipulate prices, making the market value appear very high.
Raising the price gives retail investors a mental anchor, so that during the downturn, countless people will buy in.
Next comes the wait, waiting until most people lose confidence, stop-loss, and exit the market, with the chips returning to the hands of the manipulators, who will then push the price up again, repeatedly.
Do not blindly buy in; the real bottom will definitely be sideways or decline slowly. $BNB #美国加征关税
Qualifying the market into bull market, bear market, and sideways market.
Different trading strategies should be used for these three market conditions: in a bull market, only go long, especially when there is a pullback, reduce the number of trades, and hold positions as long as possible.
In a bear market, only go short, but this market is relatively special; bear markets often end quickly, so it generally consists of bull markets, sharp declines, and sideways movements.
Recently, the short-term market is sideways, so go short when it hits the resistance line and go long when it hits the support line. Use the 1-hour and 4-hour charts to look at the trend, and use the 15-minute chart to find entry points; just operate without overthinking. #币安上线1000CHEEMS和TST
The cryptocurrency market always pays attention to campaign trends. When Trump is leading, there is a general rise and explosive growth, with positive sentiment ahead.
Is there more leading data?
Yiwu order data.
Campaigns require promotional materials, and foreigners have placed a large number of orders in Yiwu. Among them, orders for promotional materials supporting Trump are more numerous. On the eve of the campaign, there is a tendency to support Trump, which has a higher probability of success.
Of course, there are always unexpected events, and one must manage risk well when going long to prevent losses. #特朗普加密政策承诺 #特朗普宣布胜选
The Sharpe ratio, one of the classic indicators for measuring risk and return.
For every unit of risk taken, how much excess return can be earned. It can be simply understood as how much risk is taken to earn how much money. The ultimate goal is to earn the most money with the least amount of risk.
The higher the Sharpe ratio, the higher the excess return obtained under fixed risk.
It is generally believed in the industry that a Sharpe ratio greater than 1.5 is considered optimal.
In every round of increases, it is impossible for all cryptocurrencies to rise; some will inevitably increase while others remain static.
When prices rise to a certain level, those that haven't risen will catch up, which is known as sector rotation.
The logic behind sector rotation is that bull markets often arrive suddenly, and by the time many people realize it, it is already quite late. At that point, everyone will look for those that haven't increased, leading to the catch-up effect.
This is a phenomenon of secondary trading caused by a collective subconscious behavior. It can also be considered a trading tip.
Human energy is limited; it's impossible to engage in short-term trading while also doing long-term trading, navigating volatility while also pursuing trends, trading intraday while also holding overnight, investing in stocks while also dealing in futures...
Choose a direction that suits you, immerse yourself in it for the long term, and you will earn industry premiums.
This direction is best if it's newer, younger, and has less regulation...
In the pig farming industry, there will be a round of price drops every 5 years. As long as you can withstand the falling cycle, you can make back the principal and interest in the rising period.
But everyone knows the cycle, and the cycle will become invalid.
The normal situation of the cycle theory that few people know is that if you lose money, you will choose to reduce production.
With the blessing of the cycle theory, you will choose to withstand losses or increase production.
So, the cycle is extended to the unknown. The blood loss will not last until someone can't hold on and goes bankrupt, and the rest can win.
Predictions will affect predictions. Variables will affect variables.
After the hell price, there are still eighteen levels of hell.
There are many people who buy at the bottom and kill themselves.
Profits and losses come from the same source. A big profit from good luck will form path dependence, and one day you will return the principal and interest along the same path.
Think more about what luck brings: How can I always have the salary I have today?
Before the trading system is formed, you must operate with small funds and trade with small funds.
Lower your expectations, pay less tuition, and expose the small problems in your trading in advance. You only need to go through one or two bull and bear cycles to fully mature, and then you can let go of the operation.
Contract trading has its own leverage, and the principal is actually not that important.
If you have skills, you can make money quickly. Without skills, you will lose everything no matter how much you have.