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Trading requires a "dullness" skill. When you have free time on weekends, I’ll share some good cases I encountered this week with everyone.
After opening your first trade position, what should you focus on most?
This question must be clear. First, we need to understand what a trend is; a trend is not just a few data points or indicators.
The current market phenomenon is:
Many people are flipping in short-term trades, but observing higher-level charts often provides more meaningful insights. When long-term indicators return to balance and the pattern is healthy, it may be an important point for trend formation.
The key is to first clarify what cycle you are looking at:
For short-term trading, focus on short cycles; for long-term, you need to broaden your perspective. Why do sometimes following the trend and controlling your position still result in unsatisfactory outcomes? Mostly because you exit too early shortly after initiation, only earning a small profit, wasting the previous trial-and-error costs. Doing this long enough will easily lead to earning little and losing more.
Finally, I have a suggestion for everyone:
The core of trading is not predicting highs and lows, but focusing on key points, which will help you improve as you keep trading. #Gate广场四月发帖挑战