Today, I share six trading insights gained through real money, understanding one can help you avoid detours; achieving three can allow you to surpass 90% of retail investors easily.
Brother Jun's six trading insights, hope you remember:
1. Rapid rise followed by slow fall, don't rush to sell.
Sudden rapid rise followed by slow correction? Hold your position. This is likely a washout; what you really need to be cautious about is a sudden crash after a sharp rise, which is a trap for the greedy, and you must decisively exit.
2. Rapid drop with slow rise, be cautious about catching the bottom.
Slow rebound after a big drop? Don't blindly try to catch the bottom. Often, it's the main force unloading, and those who try to catch a false rebound get trapped. Control your actions to avoid being cut.
3. If there is volume at a high level, you can stay; if there's no volume, you should run.
Continuous volume at a high level may indicate more space; but if the volume dries up and trading is light, get out quickly. Without funds to take over, a crash can happen in an instant.
4. Sudden huge volume at the bottom? Don't rush to enter.
Sudden volume surge at a low level doesn't necessarily mean a real start. Continuous moderate volume increase is a reliable signal of trend reversal.
5. Trading cryptocurrencies is essentially a game of human psychology.
Behind the K-line is human nature, and trading volume is the true mirror of emotions. Price is just the result; understanding volume is key to understanding the market.
6. The market is never short of opportunities.
Market opportunities are common, but they require awareness and patience. Keep learning, stay calm and wait to seize the real opportunities.
If you can practice more than three of these, you already have the confidence to survive in this market. If you can't do even one, maybe reconsider whether to stay in this market.
I am Brother Jun, and I hope we can all invest rationally and move forward steadily.
Click on the avatar, follow Brother Jun's crypto updates, and don't miss any firsthand information! Let's enjoy the feast together! #币安HODLer空投SOMI #九月加密市场能否突破？ $BTC $ETH $XRP
