The market has now gone through the sixth wave of daily rise. According to the last bull market, it has entered the daily wave-shaped shock, with a large retracement of about 50%. If the daily line shocks upward and breaks through the previous high, the market will still have room to continue. Brothers, I reminded you in the small family yesterday that the brothers who have made early low-level layouts in this bull market should reduce their positions at the previous high of the daily market while doing a good job of defense.

At the same time, it is also reminded that the current 4-hour level is the first wave of rise, and it is also the second sideways zone. Every breakthrough of the sideways zone will have great strength. If you want to wait for the sideways zone to break through, you need to wait for the relay rising market at the 1-hour level, and there will be multiple orders. Under normal circumstances, a small-level 1:1 short lock can be made for a high-level sideways market, and the stop loss of both long and short orders must be withdrawn to ensure that the profit will not be spit back.

It should be noted that only when the long order is profitable can a short lock be opened, the purpose is to lock the profit, otherwise the profit will be spit back, and the loss situation is resolutely not to do the lock, that is, do not lock the loss. And the way to follow us in placing orders is to formulate good position management and resolutely set stop losses so as not to lose the old hen. This way, every time you place an order, you know how much money you will lose at most if you make a mistake in this order, and if you do it right, the profit is unlimited. Every time you do it right, you will get a big market, gradually form a healthy mentality for placing orders, and your confidence in placing orders will also increase.

Remember, all those who let you buy at the bottom without setting a stop loss are playing rogue. The result of holding orders without setting a stop loss is eventually a liquidation. None of us is a master of making money forever, but we must always control the loss within an acceptable range. #BTC🔥🔥🔥🔥 #eth$BTC $ETH