In the world of currency speculation, experts who can truly achieve stable profits are often good at chasing the rise.

If you can come into contact with Livermore's trading philosophy in the early stages of currency speculation, then the old saying "Novices die from chasing highs" may have a completely different enlightenment for you. In fact, it is by chasing the rise that we can avoid the quagmire of deep losses. Since I gained a deeper understanding of Livermore's philosophy,

We always focus on tracking the mainstream currencies that hit record highs, while strictly controlling losses within 10%. Therefore, although the profits along the way are not amazing, losses rarely occur, and you can always capture some currencies with amazing gains.

Chasing gains is undoubtedly the correct strategy, but the key is to stop losses. Buy those popular currencies that have broken new highs and attracted much market attention, such as sol, avax, ordi, pepe, etc. in this round of market. They have been making great progress and constantly breaking through the previous highs. The hotter the market, the more enthusiastic the buying, and this is the best time to enter the market. However, retail investors are often prone to falling into subjective judgment, thinking that "it has risen so much, it must be time to fall." This mentality often causes them to miss good opportunities. In the world of currency speculation, the most feared thing is subjective assumptions and excessive diligence. In fact, sometimes, being lazy can actually earn more.

Those who can really make a lot of money in the currency market are not those who buy low and sell high, but those controlling bookmakers or institutions who buy at high prices and sell at higher prices. They are the real strong ones, but this also requires huge financial strength and influence as support. Only by creating enough space can the floating chips in the market be completely cleaned out. The pattern of "following the trend and being engulfed by Yang" is a typical confirmation signal that the strong will always be strong. If you don't know how to identify truly strong currencies, then this pattern is worth studying in depth until you can understand it.

When using the "Following the Trend Yang Swallowing" pattern, the first task is to confirm the trend. It must be ensured that it is currently in a clear upward trend, and in the middle of the trend, an adjustment confirmation pattern of Yang and Yin appears. At this stage, the overall uptrend remains unaffected. By accurately identifying this pattern, we can better grasp the rhythm of the market and achieve healthy profits.