Teach you five trading skills to easily grasp the market
First, never chase high prices, only buy low-priced varieties. As long as your variety is not too rubbish and will not be delisted by major exchanges, there will be a wave of market sooner or later.
Second, do not do short-term spot trading, only do medium and long-term trading. We must be careful. Short-term trading requires high technology, mentality, time, and energy. It is the most difficult retail investor. The advantage is time. Look at the low point of the weekly and daily lines and intervene and wait.
Third, do not buy more than three varieties within 500 million. Do not buy more than three varieties. The probability of you buying two varieties at the same time doubling is definitely greater than the probability of you buying 10 and doubling.
Fourth, lower your expectations. Don't always think about buying a few times or dozens of times a year, and then don't sell it when it rises. You will ride the roller coaster repeatedly. If you don't know how to sell, wait until the main rising wave rises and sell it near the historical high.
Fifth, reduce the frequency of transactions. Retail investors should not think about trading every day or every week. This will most likely lead to losses in the end. It is indeed uncomfortable to be short, but you must overcome it. You can make a transaction once a month and get it right every time.
