When doing transactions, you need to keep your mind calm. Recently, I understand the principle of calm mind!
Whether it is contract or spot,
Before placing an order, judge the short-term trend based on the hourly and 4-hour lines.
Find a good spot in the 3-minute and 5-minute levels,
After buying, place a stop-profit and stop-loss position, and do not make any decisions during the day!
Without these plans, people can easily get confused.
As a result, my heart fluctuates with the fluctuations of the K-line,
Sometimes, looking back in hindsight, our orders are profitable.
But I didn’t make a plan after placing the order.
I am often scared out of my order by a small K-line!
For example, take the current ETH and see,
The 4-hour and hourly lines have upward momentum.
I just placed an order with a small position.
Stop loss 2040, take profit 2130!
I'll just wait and see what happens!