Newbies entering spot or futures trading keep losing continuously. Don't blame the market; trading is quite simple, there are only 2 market phases. Understanding this means you've already won 70%
💥I summarize for you to remember easily
1. Sideways Phase
Price keeps going up and down in the box, no clear trend
Only take TP1 TP2, don't hold long
Holding here = self-destruction, because the market is not pushing up or down strongly, just fluctuating locally. If you keep holding, you will get hit by SL continuously
2. Trending Phase
Price moves in one direction, up or down strongly
Hold long and "ride the waves" in the main direction
Don't short during uptrend, don't long during downtrend; going in the wrong direction is a disaster
💥The problem of 99% of newbies
Not recognizing which phase the market is in, applying the wrong strategy leads to constant losses
Hearing "any method wins" online, but the right method at the wrong time = still losing
Keep FOMOing without looking at the chart; your account will go to 0 really fast 🤪
💥In summary for you to apply easily
Sideways Long/Short + tight TP, don't dream of holding
Trending Hold according to the trend, ride long waves
Want stable profits. Focus on identifying the chart first, blindly trading will just lead to "buying high and selling low" forever lol
👉How you trade must involve the mindset of "reading the market" and not just reading random indicators. Trade daily, accumulate experience, and gradually you'll see more clearly
👉Which phase are you mostly stuck in? Sideways or Trending? Are you often shorting or longing in the wrong direction?
🎉🎉🎉🎉🎉🎉🎉🎉🎉
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