$BEAT Short-term Pitfall Avoidance Guide: Want to Avoid Losing Money? Remember These Key Details

When trading $BEAT short-term, not losing money relies not on some divine judgment, but on a few critical life-saving details.

Recently, many new friends have been confused by the volatile market of $BEAT , and only came to ask me for advice after losing money.

I have summarized the most practical points to help everyone avoid pitfalls as much as possible.

First, let's talk about the most crucial rule: "Don't chase highs."

The $BEAT market moves in waves; it’s impossible for it to just keep rising, and chasing highs can easily lead to being trapped.

My novice friend Xiao Song saw $BEAT rise 4.8% in one day last week and rushed in without waiting for a pullback, only to see it drop 3.2% that very day, getting trapped for two days before finally breaking free.

Remember: If the price has moved through half of the previous high and low range, or when daily volatility is about to wrap up, do not enter the market;

When BOLL is touching the upper band, it's better to wait and see, consider entering only when it returns to the middle band or near the 10-day line; for instance, on December 19, after $BEAT tested the 10-day line, there was a small rebound of 2.1%.

Next is the rule of "Don't catch falling knives," do not rush to bottom fish.

After a drop in $BEAT, the success rate of double bottoms and rounded bottoms is high, while V-shaped recoveries are rare.

Last week, after $BEAT fell for 3 days and consolidated, some rushed to bottom fish, resulting in a 1-hour median continuation pattern, and it dropped another 2.5%.

Additionally, be aware that after 2:30 PM and 10:30 PM, try not to open positions; during this time, the trading volume of $BEAT often shrinks, with the 24-hour trading volume possibly falling below 80 million USD, leading to chaotic directions, making trading akin to giving away money.

Trading volume must also be closely monitored, with the 5-minute level being the most valuable for reference.

Any rise without volume is false; for example, on December 18, $BEAT rose 3% without volume, and the next day it dropped back; however, when moving averages stick together and suddenly expand in volume, it often signals the main force is exerting strength.

Finally, always control your position and losses; if you’re not confident, don’t make a move. The core of stop-loss is logic, not just stubbornness.

In fact, short-term trading isn’t about making money every day, but about minimizing losses first.

Recently, $BEAT had a 24-hour volatility of 3.7%, with 60 million USD in related contracts liquidated across the network; many people lost money simply by neglecting these details.

Protect your principal; the market for $BEAT will eventually give you opportunities.

Those who can survive in the market and still make a profit are always the ones who dare to reach out first.

Are you ready? @bit福多多

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