Hello everyone, I am Yan Chi, an old player in the currency circle. After experiencing the waterfall fall last night, the current market is in a state of recovery. After taking the initiative to stop profit and lose the position, I have more time to use pen and ink to empower Everyone. #Binance

So today I will talk about two types of transactions.

Subjective trading, objective trading.



So what is a subjective transaction?

There are many subjective transactions: moving average system trading, indicator system trading, Fibonacci, wave theory, Gann, etc., all of which are subjective trading, also called advanced analysis and prediction.

Subjective trading and objective trading, in the long run, objective trading will be more profitable. I think less than 10% of people in the market can trade objectively.

90% of people are eager to trade subjectively, which is accompanied by frequent losses. Subjective trading is bound to have a large loss.



So what is an objective transaction?

Objective trading: Don't guess, don't think, and don't fiddle with yourself.

Through the judgment of the trend, or draw the trend line to trade. When you often enter the market at the bottom, many people will tell you that there is resistance here, and you should take profit in the short term and go short. The CPI is negative, and the Fed is going to raise interest rates again. These are all subjective news, and you need to ignore the noise.

The picture is as follows: 1 #BTC

Although I didn't call short at the highest position, after confirming that the key position was broken down, we directly entered the market to short on the right side. This can also be regarded as an objective transaction, because the short-term trend is a downward break. At this time, don't enter the field easily to catch the throwing knife. It is necessary to wait for the market to stop falling naturally.

As shown in Figure 2 below,

Figure 2, a huge amount appears at the short-term level. The definition of this huge amount is that the bulls are liquidated, or there is a need to intervene here. We should take the initiative to close the empty orders entered on the right side and wait for further price action to test. It also formed a large-scale decline in subjective trading, a natural rebound, and a second test. The profit here is about 1100 points. And it is an order completed within the hour level. This is also the charm of trading on the right.

You can combine the trend after the 15-minute drop last night, put a huge amount at the bottom, take profit with short orders, and wait for the second test at the bottom after the natural rebound.This is a K-line trend that you need to understand. Many people go in to chase long when they naturally rebound, and cut their flesh and sell short during the second test.

Then let me talk about some long-term objective transactions.

Let's look at the two charts below. Do you think the trend has broken? Do you think the trend has broken?

From a trend perspective, the market is still going up. The market is still falling. If it is an objective trading method, do you have long orders, or do you need to close your short orders here?

After a wave of rising trends, whether it is the media or big V, when BTC is 1.8, they look at 1.2, and when BTC is 30,000, they look at 50,000. At this time, there are various voices and noises in the market.

Objective trading tells you, don’t worry about any noise in the market. On the news side, if you subjectively see that the trend line has been broken, should we close this transaction? Customer order trading, what you do is the trend. The simplest judgment of the trend is whether the trend line is broken or broken. Otherwise continue to hold your order.

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Objective transactions are anti-human, while subjective transactions are compliant with human nature.

Human nature has seven emotions and six desires, greed, fear, hope, and so on.

Subjective trading is in line with human nature. Whatever analysis you do, you need to guess and predict.

Objective trading Once the trend appears, follow the trend.



Many very professional talents in other fields are in a mess when they come to do transactions. For example, they can get Newton’s experience in the stock market. Newton is undoubtedly a genius in the field of physics, but in stock market transactions, he is not even as good as A trader with minimal training. In fact, there are many, many cases of such celebrities entering the market with disastrous results. Regardless of whether you are the CEO of a listed company, or a white-collar executive of various types, or other professionals with experience in the stock market, if you have not studied trading seriously, you have done very well in other industries, and you will be able to do it in the trading field. Very confused, your success in certain fields will make you like to control and dominate the market in your field. But the financial markets are absolutely unruly.I also often said a sentence: "letting untrained personnel to trade is like sending untrained soldiers to the battlefield" --- die! 🥶

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Objective trading means the emergence of market trends, so you don’t need to guess or conspiratorially argue about the next K-line.

You just need opportunities to arise and crises to arise. Don’t waste every crisis. Crisis is a good opportunity to build a position. Today Binance was sued by the SEC. Others seem to be panicking to withdraw coins, but I think it is a good opportunity to build a position. Of course, there is no investment advice here. I think that as a leading exchange in the industry, no matter CZ or No. 1, they are both capable and well-known in the industry. Moreover, the BSC chain is also a very ecological public chain. I don’t think the current price of 275 BNB will go anywhere, and many partners have learned my three-gun transaction. Hit the first shot well, leaving the second and third bullets. Squat to guard the opportunity.

Or you think that certain altcoins will have a good room for growth in the market outlook, and you think other public chains are also good.

So we don’t intervene in the price of the currency during the decline, should we chase it during the rise?

There are always two kinds of people in the market, one is to sell more and more as it falls, and the other is to buy more and more as it falls.

There is no lack of opportunities in the crypto market, but there is no lack of capital. Basically, there will be a big wave of market in the currency market every three to two months. I think what we need to squat is this kind of big market, not the 5-minute K-line.

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After we have established a position at the corresponding low point of feasibility, all that remains is to wait for the trend to emerge. Grasp the trend. When the trend comes, you can't do anything except to see that you are making money and your position is increasing in value. This is the loneliness of the objective trader.

Sharing stems from the loneliness of traders. I am doing both subjective trading and objective trading. Rather than doing a separate transaction method. This is what I have been mentioning to you all the time. Those who know me well know that I trade in separate positions. Intraday short-term, or cycle short-term, several weeks medium and long-term, and trend medium and long-term.I'm all about split trading.

In this way, I can enjoy the fun of subjective trading and enjoy the profits of objective trading.



From the perspective of objective trading, you will never be able to buy the best point. As I often say, the bottom is not copied, but the bottom is set.

Another example is the breakthrough of some patterns, you always wait for the breakthrough to confirm the stabilization before buying, or some patterns fall below the pullback confirmation to sell. So you can't catch a good bottom or top with objective trading. Never buy at the lowest point, sell at the highest point.

People like to buy at an appropriate point and feel very comfortable, but objective trading will never make you comfortable, and it will always be anti-human. So he can't make you very comfortable.

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When you really can go from subjective to objective one day. Then you are not far from the real profit. And you don't make a profit today and make a profit tomorrow. But you can make a profit for a long time for a lifetime.

Once you are objective, you will be rational. Once you are rational, you will not gamble. Once you are not gambling, you will not go all in.



Why is it said that many old stockholders come to the cryptocurrency market and can make a lot of money with spot. Many of them do not have technical analysis and do not know any trading methods, but they all have a philosophy. Once I get caught with this currency, whether it is extreme waiting or years of waiting, I will definitely get out of the game at cost, or out of the game with money.

When you have the ability and the market is optimistic, you can cover your positions, lower the average price, and wait for the market trend to appear, so as to take profits.

But in the cryptocurrency market, 90% of the people, no matter how many millions or tens of millions you enter, as long as you trade subjectively, sooner or later the money will need to return to the market.

If you make money with subjective trading, keep doing subjective trading. Sooner or later it will return to the market.

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Subjective trading is not bad, but it is not good for some people. If you recognize his shortcomings, we have to understand his advantages.Subjective trading is actually quite effective.

Just like this round of the contract championship, the result is not important, but the process is very important. I am honored to empower hundreds of partners with years of practical trading experience. It is very gratifying to be recognized for this kind of free sharing. #ETH #合约锦标赛





It is very pleasant to get along with people of the same frequency. In this competition, including Brother Xu's short-term empowerment, everyone can learn a lot of trading knowledge. But for trading, this depends on your understanding of the market. I think it is impossible to draw a conclusion on subjective trading through me or Brother Xu's few words.

Subjective trading is also what most people in the market want to learn. When a transaction is judged through subjective trading and delivered, the pleasure you enjoy is not how much money you made from this transaction, but the market conforms to Your expected trend, you have the pleasure of domination, and you have the pleasure of profit. You enjoy the fun of trading. You finally recognize that knowledge can change destiny.

On the contrary, many people are unwilling to learn objective trading, because it is anti-human. It's very uncomfortable to learn.

The road to trading requires a lifetime of learning and understanding, including myself, and I often attend courses taught by colleagues. It can be said that 99% of the content is not helpful to me, but it is often the 1%. Magnetic field response, or energy. Can realize more why.

The content of this article hopes to help everyone better understand subjective/objective transactions. If it is helpful, please like + follow, and forward it to more partners who are confused on the trading road. 👍