The market has been very volatile these days, and I want to share my trading insights.
Actually, no matter where you open a position, you must first carefully assess the potential space. Only when the profit space is large enough do we have the opportunity to gradually increase our positions as the market advances.
This way, once we catch a decent market wave, there is a possibility of achieving multiple times the profit. If we can accurately capture two such market waves, returns of ten to twenty times are not out of reach.
Conversely, if the profit space is limited, even if we increase our positions midway, once we encounter significant resistance, the market may pull back, and the profits we have painstakingly accumulated may very well go to waste. Moreover, the closer the price gets to the risk zone in the short term, the higher the risk of opening a position becomes. Because once we face a substantial pullback, even if the market does not reverse and drop, it can still significantly erode our profits.
Therefore, in trading, in addition to considering going long or short, there is another strategy that is also very important, which is to hold back and patiently wait. Sometimes, not trading and waiting for a more suitable opportunity is also a wise choice. #加密市场回调 #非农就业数据