Are you really suited to make a living by trading? Serial [5]
⑤ Only after you solve the first four questions will you truly stand at the starting line of trading
Pay attention.
What I covered earlier—
income sources, daily routine, time you can trade, trading instruments, your personal character, your trading style…
All of it is just to help you reach: the starting line.
Not the finish line.
Only after you’ve truly reached the starting line do you begin the part everyone is most familiar with:
learning.
And not learning one or two indicators;
not stopping once you know what support and resistance are.
You must first gain broad understanding of:
Scalping—very short-term trading / scalp trading: frequent trades within a very short time (seconds to minutes) to profit from small price fluctuations Day Trading: opening and closing positions on the same day, without holding overnight Swing Trading: capturing market swings over several days to a few weeks, aiming to profit from swing trends Trend Following: trading in line with the market’s main direction—for example, going long in an uptrend and short in a downtrend Breakout Trading: entering the market when price breaks through a key resistance or support level Mean Reversion: trading that assumes when price deviates from normal levels, it will return to the average value, seeking opportunities from that Technical Analysis: analyzing the market through candlesticks, indicators, volume, and price structure Fundamental Analysis: studying a project’s value—such as the team, economic data, industry development, and more Macro: macroeconomic analysis studying how the global economic environment (interest rates, inflation, the US dollar, policies, etc.) affects the market Risk Management: controlling trading risk, including stop-losses, position sizes, and capital protection Position Sizing: position management—deciding how much capital to risk or allocate to each trade based on your account size and risk Trading Psychology: managing emotions, discipline, and execution ability to prevent fear and greed from affecting your trading
Then test them one by one.
You must personally know:
what suits you. what doesn’t suit you.
This is not something others can tell you directly.
If you’re interested in trading, feel free to leave a comment in the comment section or join the chat room to exchange ideas—learn together and grow together! #美联储加息25基点美股收跌
Starting next Monday, we will officially resume live streaming. From Monday to Friday, we will broadcast the spot contract & event contract at 7:00 AM and 3:00 PM each day, and broadcast the perpetual contract & event contract at 10:00 PM. Please be informed.
🎙️ Going bullish? Going bearish? Is a pullback coming?! Sister of Wan Wan小姐姐 (Qingwan) hand-holds you step-by-step to help you get lost and make it through the tribulation!
Crypto market roundup for the past two days ♦️Current market status: The total market capitalization has rebounded to 2.82 trillion USD. Bitcoin (BTC) surged with strong volume directly past 81,000 USD, leaving the prior consolidation area around 77,000 behind; Ethereum (ETH) also moved back to around 2,500 USD.
♦️Sentiment index: 65 (greed).
♦️Capital flow and market structure: Funds are concentrated in Bitcoin and a few major coins, leaving little profit for altcoins, which are even being drained. The market is currently in a "strong majors, weak altcoins" setup.
♦️Potential risks and contradictions: US stocks are usually relatively weak in September, yet crypto has rallied first on its own, somewhat diverging from traditional markets. If volume shrinks above 81,000, watch out for a false breakout or a shakeout.
♦️Overall judgment: Bullish
♦️Trading idea: Short-term bulls have regained control; don't chase highs recklessly. Wait for a retest of support at 79,500–80,000, and look for bullish opportunities if it holds. If volume is absent, stay conservative and watch from the sidelines.