Since Bao confirmed the September rate cut last night, the overall market sentiment is very high. Everyone wants to know whether the bull market has begun and whether a unilateral rise has begun. I think it is necessary to mention here that last night's rise was an over-rise, so a unilateral rise will not appear in the short term, at least not before the rate cut is implemented, so my trading idea is like this, you can refer to it! First of all, for spot
medium and long-term positions, it is not suitable to build positions at this position without bottom-fishing and head positions before. It is inevitable that there will be a correction after the September rate cut, so the opportunity to build medium and long-term positions only needs to be patiently waited. Short-term spot bands, I believe many people have seen the low-market-value pull-up coins in the past few days, but few people have caught them, and many people even went to do contracts, and the final result was serious losses or liquidation. For these low-market-value high-explosion tokens, if you want to catch them, you must understand the current market rules and hot spots better than others. Only in this way can you have the opportunity to catch one among many tokens. Just like when rare broke out at the beginning, I immediately started to search for similar tokens in the market. The characteristics of this type of token are low market value, old currency, and concentrated chips, so I ambushed the Troy token at that time. Although it has not exploded yet, it has risen by 30% since the ambush. If you want to make a profit through the copycat band, then you must have a keener sense of the market than others. If you can't do it, then find such a person to lead you to progress. If you only complain and stay where you are, you will never make money in this market.
The second is contracts. Contracts are not suitable for 80% of the market. If you want to make money through contracts, you must cross the gap of human nature, otherwise the best result is to leave the market with capital preservation. I personally only trade contracts with small positions when there is no market, and earn some living expenses without affecting my mentality, so even if the position is blown up, it will not have much impact.
I have written so much. I hope that people who see this blog post can face their current situation and then make changes, instead of going all the way to the end, which is meaningless!
