How much pressure can an ordinary man withstand: mortgage, car loan, children's tuition, parents' retirement, social interactions, daily expenses.
Not earning much, but with a lot of expenses, when something happens, the money is just not enough.
For those relying on cryptocurrency trading to make a living, these eight iron rules should be saved! $币安人生
Eight years of practical experience in the cryptocurrency world, condensed into these eight iron rules, helping me avoid all crashes and land safely every time! Sharing today with those who understand, to help them avoid detours and save millions!
1. Don't just look at the daily K-line for short-term entry: For short-term trading, you should not only focus on the daily K-line trends but also look at the 30-minute K-line. At the same time, the market must stabilize and resonate before entering.
Just like sometimes seeing a K-line with a long upper shadow may seem like no opportunity, but the next day there might be a big rise or even a limit-up. By looking at the 30-minute K-line, one can discover clues.
2. If the trend and order are wrong, do not blindly follow: When the trend and order are not correct, even taking a second look might lead to mistakes. You should follow the trend, and the order of the upward movement should not be disrupted.
3. If it's not a hot spot for short-term trading, it's better not to do it: If short-term trading is not in a hot or potential hot sector, it’s better not to trade at all.
4. Abandon impulsiveness; trade with a plan: Give up the idea of entering impulsively, and adhere to "trade your plan, plan your trade."
5. Others' opinions are just references; independent analysis is most important: Any person's views or opinions are merely references; one must have their own in-depth thinking and serious analysis.
6. Determine the direction before selecting coins: First, lock in the overall direction, then select individual coins. If the direction is right, the effort will yield twice the result; if the direction is wrong, the effort will be in vain.
7. Intervene in coins on the rise: Guessing the bottom is a big taboo; always fantasizing about an immediate rebound or ultimate shakeout. Stock prices often run towards small resistance points. Intervening in coins on the rise means choosing directions with less resistance.
8. After big gains or losses, clear the position and review: After significant gains or losses, first clear your position and reassess the market and yourself. After clarifying the reasons, then take action. Years of experience indicate that this approach has over a 90% success rate.
In the past, you walked alone in the market in the dark; now the light is with me, and I will keep it shining. Follow Brother Hui to take you 🚀