There are market fluctuations every day. How can you ensure that you will not be defeated in this market?
Market fluctuations, opportunities and risks coexist. Many people want to eat meat in the market, but most people end up getting lost in losses. If you want to gain a foothold in this market, you must first do three things.
Keep calm and don't blindly follow the trend
Every time the market fluctuates, many people will impulsively follow the trend, buy when they see an increase, and sell when they see a decrease. But this kind of operation is usually easy to be cut by the market. What you have to do is to analyze calmly and maintain your own judgment, rather than being led by market sentiment.
Strictly control risks and stop losses reasonably
Whether you are long or short, controlling risks is the most basic requirement. The market has ups and downs, and it is impossible to make money every time. Doing a good stop loss is the key to avoiding big losses. Set a good stop loss to protect your funds and prevent small losses from turning into big losses.
Be patient and make timely arrangements
There are many market opportunities, but not every opportunity is suitable for you. You must learn to wait for the right entry point instead of blindly entering the market. After missing a good opportunity, learn to wait, don't make random decisions because of "missing", wasting time and money.
If you want to avoid being defeated in the market, the most important thing is to stay calm, strictly control risks, and wait patiently for opportunities.
The market gives you opportunities, but you must first learn how to manage your funds and mentality.
The long orders arranged at 2630 last night have already made the first stop profit
#Ethereum Trend #Bitcoin breaks through $110,000