Newcomers in the cryptocurrency world, hold on a moment! Listen to what Sister Ke has to say, it's a must-read to avoid pitfalls!
All traders who are new to the market or have only a few years of trading experience, you must avoid the following opening position habits, or it will be very difficult to escape the vortex of losses. Many people, as soon as the market opens or when they just turn on their computer or phone, want to place an order immediately, which is a big mistake!
Because I did the same at first, seeing the candlestick chart constantly fluctuating, I was afraid of missing the market and did not place an order, I didn't even know what waiting meant. Even if I waited, I didn't know what I was waiting for.
So today I will use a short-term trade as an example to clearly tell you what you are waiting for and how to find the correct opening point.
1. Follow the market rhythm closely. Short-term trading relies on immediate price fluctuations and requires close attention to 1-minute, 5-minute, and 15-minute charts.
2. Simplify and focus on 1-3 core tools (such as candlestick patterns, moving averages, trading volume).
3. Quick battles: Profit target of $3 to $8, strict stop loss of $1 to $3.
4. Choose high volatility periods, especially during the London opening.
Now let’s take a look at the short-term pitfall avoidance guide.
1. Avoid the 5 minutes before data release: Events like Non-Farm Payroll and CPI can easily lead to widened spreads and slippage.
2. Reject “dead holding”: Stop loss immediately if losses exceed $2, to avoid short-term trades becoming medium-term.
3. Do not go against the trend: Even when doing short-term trades, look at the 1-hour chart trend direction (if the 1-hour EMA is up, only go long).
4. Avoid overtrading: Limit daily trades to ≤5, and keep the position empty for over 80% of the time.
Finally, a key reminder: The success rate for short-term trading is usually between 55%-65%, and the core of profitability lies in a win-loss ratio > 1.5:1 (e.g., earning $5 while losing $3). It is recommended to first test strategies with a demo account and only operate with real capital once stable.
Short-term trading is like dancing on a knife's edge, discipline is the only protective gear.
Sister Ke only does real trading, no empty promises. There are still open spots in the team now, for those who want to learn the methods and turn their fortunes around, come on board and let’s get to work! #美国非农数据超预期 #巨鲸动向 #ETH走势分析 #加密市场观察
