Discussing with the brothers in the group about swing trading—
what’s the core: the trend, or the nodes and position sizing?
First, determine whether it’s an uptrend or a downtrend.
Then, look at the entry price: in an uptrend, test a pullback entry zone with a trial position. If it’s right, add more. If you have profits in hand, your mindset can stay steady. Don’t try to guess the top.
You can see recently, those who guessed the top in $ZEC and shorted—basically all of them got wiped out. You need to wait for it to weaken; only after there’s no support/reentry should you act. Exit completely, or otherwise take profit in batches.
Position control using the 3-3-4 allocation is the real core.
#ZECUSDT
what’s the core: the trend, or the nodes and position sizing?
First, determine whether it’s an uptrend or a downtrend.
Then, look at the entry price: in an uptrend, test a pullback entry zone with a trial position. If it’s right, add more. If you have profits in hand, your mindset can stay steady. Don’t try to guess the top.
You can see recently, those who guessed the top in $ZEC and shorted—basically all of them got wiped out. You need to wait for it to weaken; only after there’s no support/reentry should you act. Exit completely, or otherwise take profit in batches.
Position control using the 3-3-4 allocation is the real core.
#ZECUSDT