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Trading insights sharing
1. Assess the situation and gain insight into market forces:Pay attention to mainstream projects (such as ETH, SOL) and potential projects (such as ORDI), and understand market trends and the main capital movements behind them. Avoid participating in immature or high-risk projects to reduce investment risks. 2. Diversify your positions and invest steadily:Do not blindly…
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Well-designed trading risk control plan
In today’s challenging currency market, it is crucial to design an effective trading risk control plan. Here is a brief overview of how to plan and design such a scheme: 1. Plan and design risk controls:When formulating a trading risk control plan, you first need to conduct an in-depth analysis and evaluation of the various…
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Basic principles of trading
Successful trading is inseparable from a set of proven principles. Here are eight important trading principles: 1. Focus on a time frame:Choose a time frame that suits you and focus on the trading strategy within that frame to avoid frequently switching time frames, which may lead to confusing decision-making. 2. When indecisive, close the position…
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Newbie Mistakes and Expert Tips
Common mistakes made by newbies:1. Chase the rise and kill the fall, trade frequently:Lack of judgment on market trends and blind pursuit of short-term gains can easily be swayed by market sentiment, leading to frequent transactions and eventual losses. 2. Greed and fear, never miss any opportunity:Being tempted by short-term interests and not letting go…
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The Way of Trading: Strategy, Preparation and Mindset
The nature of the transaction:The purpose of trading is to pursue maximum profit under the premise of controllable risks. Every transaction should be regarded as a carefully prepared battle, requiring rigorous attitude and keen insight. The way to win:1. Understand the market:Conduct in-depth research on the market, grasp industry sector trends and stock patterns, and…
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The bull market hides surprises, and dormant tokens may explode
Bull markets are always full of surprises. Some tokens that have fallen for a long time or are considered dead may rebound in the bull market, while some tokens with flawed models may also correct themselves and regain market favor. Take PEPE as an example. It was once considered to have lost its value and…