Newcomers in the cryptocurrency circle should pause for a moment! Listen to some heartfelt words from Sister Ke, a must-read to avoid pitfalls!!!

All traders who have just entered the market or have only a few years of trading experience, you must avoid the habit of opening positions described below, otherwise it will be difficult to escape the vortex of losses. Many people, as soon as they open the market or just turn on their computer or phone, immediately want to place an order to trade, which is a big mistake!

Because I started off like this too. Seeing the candlestick chart fluctuating constantly, I was afraid of missing out on the market and didn’t place an order. I didn’t know what it meant to wait, and 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 should be waiting for and how to find the correct opening point.

1. Keep pace with the market rhythm. Short-term trading relies on immediate price fluctuations, so you need to closely monitor the 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 battle and quick decision: profit target of $3 to $8, strict stop loss of $1 to $3.

4. Choose high volatility periods, focus on trading during the London opening.

Now let's take a look at the short-term pitfall avoidance guide.

1. Avoid the 5 minutes before data releases: Non-farm payrolls, CPI, and other events can easily cause widening spreads and slippage.

2. Refuse to “bear it to death”: if the loss > $2, stop loss immediately to avoid turning a short-term trade into a medium-term one.

3. Do not go against the trend: even when trading short-term, you should look at the trend direction on the 1-hour chart (for example, if the 1-hour EMA is upward, only go long).

4. Avoid overtrading: limit daily trades to ≤5, and spend over 80% of the time in a flat position waiting.

Finally, a key reminder: the success rate for short-term trading is usually between 55%-65%, with the core of profitability being a risk-reward ratio > 1.5:1 (for example, making $5 and losing $3). It is recommended to first test strategies using a demo account and only operate live after stabilizing.

Short-term trading in gold is like dancing on the edge of a knife; discipline is the only protection.

Sister Ke only does live trading, no empty promises. There are still spots available in the team. Those who want to learn the methods and turn their fortunes around, come aboard and let's do it together! #加密市场反弹 #美联储FOMC会议 #美联储降息