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Buy and sell
Regarding buying and selling, I believe everyone has heard many classic sayings:
👉Buy when no one is paying attention, sell when the crowd is bustling.
👉Buy and it drops, sell and it rises.
👉It’s fallen so much, it should rebound, right?
Let me talk about my buy and sell points, there is only one standard. The pattern
that meets my long position criteria appears, I buy! When it reaches my target, I sell! No matter how much it rises afterward. If it doesn’t reach my target but there is a significant risk, I sell! Only the pattern can influence my actions, everything else doesn’t matter. Block out all external distractions, only look at whether the pattern you analyze meets the reasons for trading. Don’t let emotions decide; when FOMO is severe and you can’t tell the direction, give up trading, stop and observe. Better to miss out!
News might be fake
Influencers calling trades might have other motives
No matter how good the fundamental analysis is, if the pattern indicates a fall, it will fall
Do you think it’s over? There’s still a basement…
Only patterns don’t lie; they are presented equally to everyone, translating graphical language into buy and sell actions.
Only make the correct moves, and the growth of your account balance is the added value brought by correct actions.
Be a lonely trader!