The biotech sector of the NASDAQ, many people always say that working in it doesn't require much technical skill, just go for it. But I think the real issue is—many people have become dependent on market trends, losing independent judgment.



My approach is actually very simple. When prices surge and hit resistance levels, I decisively exit the position, avoiding greed and attachment; if prices fall, I add to my positions gradually, operating this way all along. It seems simple, but execution is the real test.

Currently, my view on this sector is that the technical space for operation is shrinking. As the market becomes more crowded and no obvious incremental opportunities appear, I choose to stay on the sidelines. It's not that I don't want to trade, but that the risk and reward are no longer aligned.
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ForkPrincevip
· 01-09 10:16
That's right, the NASDAQ biotech sector is now a gamble. Relying on market trends to make money is just luck. Execution is the key. Run at the pressure levels, and seize the opportunities when they come. It sounds easy, but it's hard to do. With the market so crowded, I can't see many opportunities anymore. When risk and reward are not aligned, it's better to stay on the sidelines. There's nothing to be overly concerned about. Many people are still rushing blindly. Actually, it's high time to hit the brakes.
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EthSandwichHerovip
· 01-08 10:59
Basically, it's a mindset issue. The dependency on market conditions needs to be addressed. Quickly exit at resistance levels, buy in stages when it drops—it's easy to say, but hard to do. The market is indeed crowded right now, and if there's no opportunity, I won't force it. If the wind isn't right, there's no need to bother.
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LiquidationSurvivorvip
· 01-08 10:58
That's right, there's really no chance left in this market now. I'm also watching cautiously. --- Relying solely on market trends is the end of the story; it's better to learn proper stop-loss techniques. --- Run at the resistance level—that's the right way. It's much smarter than stubbornly holding on. --- When risk and reward don't match, it's time to stop. Not many people have this level of insight. --- Execution is the hardest part; everyone sounds like they can do it. --- In an increasingly crowded market, beginners are just destined to get cut. --- The six words "Don't be greedy, don't be attached"—those who follow them make money; those who don't lose money. --- Gradually adding to your position sounds simple, but the psychological barrier often discourages most people.
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ChainWanderingPoetvip
· 01-08 10:56
Basically, it's a game of self-discipline vs. greed. Most people fall here. Roughly speaking, the real way to make money is still the "buy low, sell high" logic; execution is the key dividing line. Waiting and watching isn't being timid; it's knowing when to stay silent. Waiting for the right opportunity is much smarter than blind trading. If the risk-reward ratio doesn't match, you should withdraw. This insight is more valuable than quick money. Many people claim to make independent judgments, but in reality, it's just a sophisticated way of following the trend. Decisively exit at resistance levels—this really requires ruthlessness, most people can't do it. When the market is crowded, just step back. Not every moment requires being in the game; learning to hold cash is also a skill. It sounds simple but is hard to execute—this is a brilliant statement. Most people get stuck on this "appearance." I agree with the tactic of adding to positions in batches, but patience is needed. Many people can't wait.
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SnapshotDayLaborervip
· 01-08 10:40
That's right, that's how it is. Many people don't take profits at all, and in the end, they lose everything from greed. This opportunity really doesn't have much chance left, and I'm also watching. Sell at the resistance level, buy back in stages after a dip. It seems brainless, but in reality, this is the way to survive until the end.
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CryptoFortuneTellervip
· 01-08 10:34
That's right, the biotech sector is easy to make people lose their rationality. There are too many bandwagon followers, and it's hard to see clearly what you're actually doing. Execution is the key, knowing what to do is easy, but doing it is hard, brother. There really aren't many opportunities right now; holding cash and waiting is better than reckless trading.
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