Is it really so difficult to make 1 million yuan in the currency circle? Is there any way?
In the currency circle, you have to find a way to earn 1 million principal first, and there is only one way to earn 1 million principal from tens of thousands of dollars, That is roll position. When you have 1 million principal, you will find that your whole life seems to be different. Even if you don't use leverage, if you take a spot and increase it by 20%, you will have 20W. 20W is already the income ceiling for most people in a year. . And when you can go from tens of thousands to 1OOW, you will be able to grasp some ideas and logic for making big money. At this time, your mentality will become much calmer, and you will just copy and paste from now on. Don't always be willing to pay tens of millions to hundreds of millions. You should start from your own actual situation. Only bullshit is comfortable if you always brag. Trading requires the ability to identify the size of opportunities. You cannot always be light or heavy. You usually play with small guns, and when the big opportunities come to take advantage of, you can pull out the Italian guns.
Trend is King: When the trend is upward, bulls thrive, and following the trend brings wealth; when the trend is downward, bears are strong, and counter-trading can lead to injury. Trend is King: When the trend is upward, bulls thrive, and following the trend brings wealth; when the trend is downward, bears are strong, and counter-trading can lead to injury. Volume and Price Move Together: Increased volume with rising prices is a buy signal; decreased volume with falling prices is a selling opportunity; beware of volume-price divergence, as a reversal may be imminent. Stop Loss and Take Profit: Stop loss and take profit are key; risk and reward must be balanced; set your positions without hesitation, preserving capital is fundamental. Technical Analysis Section Moving Average System: Short-term moving averages turning upward indicate a good bull market; long-term moving averages bending downward signal to exit the bear market. MACD Indicator: Golden cross to buy, death cross to sell; above the zero line shows strong momentum; look at the length of the histogram for strength, and be cautious of divergence patterns that signal a reversal. Bollinger Bands: When the price touches the upper band, a short-term pullback may be necessary; if the price breaks below the lower band, a rebound is expected to jump upward. Market Sentiment Section Fear and Greed: When the market is fearful, I am greedy, buying low to wait for a rebound; when the market is greedy, I am fearful, selling high to secure profits. Herding Effect: Following the herd carries high risks; independent thinking is more reliable; be cautious when many are optimistic, and don't sell lightly when many are pessimistic. Funds Management Section Position Control: Overweight positions create high pressure, while underweight positions provide few opportunities; reasonable fund allocation is good, allowing for flexible entry and exit with higher returns. Diversified Investment: Don't put all your eggs in one basket; diversifying investments lowers risk; different currencies and different sectors can be combined more reasonably. Trading Mindset Section Calm and Patient: Don't panic with market fluctuations; calmly analyze to find direction; if opportunities don't come, I won't rush; patiently wait for the right timing. Not Greedy, Not Attached: Take small profits and walk away without greed; cut losses quickly without attachment; a calm mindset leads to smooth trading, and steady profits are the goal.
The bottom of $RSR has been reached, it's time to position in spot trading. When it was 0.02, you all bought eagerly, now at 0.01, aren't you afraid to buy?
$BTC has already reached over 70,000, could there still be people losing?
I just opened the exchange and saw that the first on the increase list is $STG , and I just realized I bought it a couple of days ago, haha, can it rise again so I can double my investment🙏
The interest rate was cut by 50 basis points in the early morning, and it did not indicate an increased possibility of economic recession, so it is a positive. The big cake did not rise first and then fall as many people thought. This interest rate cut represents the official entry into the interest rate cut cycle. In the long run, this is a good thing. Combined with the current technical disk, it is still bullish at present.
The target mentioned above remains unchanged. The following larger target is around 63000/65000/68000
Entering the interest rate cut does not mean that liquidity will come back immediately. It requires a gradual process. Therefore, based on past experience, it is still necessary to look at the US stock market. The US stock market has also experienced a big drop at the beginning of the interest rate cut in the past, and it is likely to be around the second interest rate cut. November is the second interest rate cut meeting. So I personally think that the market should be OK in September and October, and we should be more cautious after November. The real big market should be next year. These are all predictions. There is probably a trend idea, and the specifics still need to follow the specifics.
I would like to remind you that those who do swing trading must pay attention to themselves, and don’t be too greedy. It is best not to keep holding a full position. Reduce positions when the market is high and replenish them when the market is low.