I've had enough. I thought this week would be so lively!!!
What old Bao said, CPI came out, but I couldn't even insert a long needle
This week, in general, it was a small fluctuation
The overall performance was weak, belonging to a bear market, not suitable for operation, it is recommended to wait and see.
When the market is not good, wait and see;
When the market is good, do trend trading.
So, how to trade trends?
In trend trading, the two core elements are patient waiting and patient holding positions.
The emergence of a trend market is usually accompanied by a sideways K-line.
For example, Bitcoin has a sideways K-line at $50,000 and $60,000. Patiently wait for the appearance of similar signals, and then open a position. At this time, the stop loss can be set five points below the low point.
The stop loss should be set larger, because it is not easy to wait for such a signal. Don't miss it because of shrinking, and it is better to bear more losses.
After the bottom position is built, if the market rises as expected, you need to hold the position patiently. Don't get scared off because of a pullback.
In a trending market, only by holding positions patiently can you make big profits. Don't turn trend trading into short-term trading, otherwise most people will not be able to earn the dividends of this wave of increases, which is why many people cannot make money in a bull market.
The market is currently in a bull market, but it is not like a typical bull market. It hit a new high a few months ago, and now it is fluctuating at a high level. The trend is not smooth, and most people are losing money.
Therefore, we have to survive in the cracks and implement extreme operations in extreme market conditions.
At present, the targets we have studied for a long time have shown excellent entry opportunities
In order to achieve more stable returns, I choose to wait and see for another day or two. This time, I want to get back all the losses! ! !
