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The fluctuation of the digital asset market contains wisdom. Here are the summarized trading principles based on experience:
Morning Trading Judgment Technique
Don't panic about the morning drop; consider positioning at lower levels. Don't be greedy with the morning rise; lock in profits in a timely manner. Pure market sentiment often hides trading opportunities. The opening trend often reveals the day's bullish and bearish pattern.
Noon Operation Stability Theory
It is not advisable to chase high prices during a quick surge at noon, as this is often a trap set by the main force to induce retail investors; it is recommended to maintain a wait-and-see attitude during a rapid decline at noon, and consider building positions the next day when looking for low points.
Downtrend mindset adjustment method
When the market opens and there is a significant drop, do not panic and cut losses; early morning fluctuations often involve false moves. Maintain patience during sideways consolidation, adjust your mindset, and wait for a clear direction.
Trading discipline iron rules
Do not sell too early if the preset target has not been reached; earning less is actually a loss. Do not rush to bottom fish if the expected price level has not been reached; it is most prudent to hold a position and observe during market consolidation.
K-line interpretation skills
The bearish candlestick formed by a decline is often a good opportunity to enter at a low price, while the bullish candlestick formed by an increase can be a suitable point to take profits. Trading signals need to be analyzed comprehensively through candlestick patterns.
Reverse Thinking Winning Method
Choose to exit when the public is engulfed in greed, and have the courage to enter when there is widespread panic. Contrarian actions often uncover overlooked value opportunities.
Patience in a Fluctuation Market
Range fluctuations test investors' psychology the most; do not act blindly out of impatience. Calmly wait for the trend to become clear before making decisions and taking action.
High Position Profit Taking Strategy
The market's second surge is often the last inducement by the main players to attract more buyers; at this time, one should decisively take profits and exit, as the realized profits are the true gains.#Unlock High Yields with BTC Staking #Alpha Points Carnival Round 12 Is Live #BountyDrop is Live on Gate Wallet