Trading Strategy and Criteria
So far, most of the signs are down,
The support from below is too great
Even the upward breakthrough attempts often turn into a decline if they fail about three times.
Now, the downward force has also failed three times.
However, it cannot be said that there has been a signal of a rise from a complete decline.
It is neutral in this situation.
You can go up or down.
On a day like this, it is always good to put a stop on it, and don't be greedy to realize profits and catch less.
It is more important not to lose money than to make a lot of money.
In Dow Theory, which is the first rule for me to judge upward and downward
It's a neutral signal now.
It's not a clear low, it's not a high high.
It's a typical horizontal box.
Do we break this upward? We need to see one downward break.
There are many cases of going back and forth within the box.
Daily Volatility and Their Response
The movement is not big in the box, but it is fast.
The box sector means that traders predicting upward and traders predicting downward are tight.
And there is a lot of wait-and-see attitude.
So, the signals you see may be different,
At the moment when the support and resistance break through, wait-and-see forces stick together and move rapidly.
And it's blocked by another support or resistance, so it puts on a sharp brake.
I'm not running on the right track
It is similar to the situation of being trapped in a parking lot and repeating sudden departure and sudden stop.
That's why it's hard for me to judge the sale and do it with my own eyes.
Therefore, it is recommended to hold the bat short and hang Stoppros and profit realization in advance when trading box tickets.
Otherwise, they often miss the opportunity to sell even when they reach the section they wanted.
How to identify trading signals
This is really dozens of things.
Each person must find a way that suits them.
Some are home run hitters, some are bunting kings.
I have to find what suits me through training and practice.
There's nothing better.
A tool that I can use well is just the best tool.
Try to copy others, but you have to learn whether it's right for me or not.
I refer to MACD a lot.
If you properly polish your trading skills, you don't have to worry about living a lifetime.
Becoming a doctor, lawyer, winning lotto
I think it is a much better skill than any other skill such as perfect mastering three languages.
It's literally a fraudulent technology.
There are more people who say it's impossible to master this.
But, you can simply watch a few videos and copy them
Isn't it too much to think that I can do it?
Nothing can be done so easily.
Isn't it a skill that should be achieved by doing your best to study for the exam at least 5 years and 10 years?
Isn't it normal thinking to think that way and do your best?
The Bitcoin Market Narrative
There is currently no strong narrative from Bitcoin.
And in the trading market, Bitcoin is not the current protagonist.
This is the era of AI and Nvidia.
Many traders don't just sell one stock.
Some trainers sit in the corner of the room like I do at home,
In many cases, they belong to financial institutions or companies
Those people have to pay off without fail.
Nasdaq and technology stocks are now much higher in attention.
Although it is neither top nor bottom on the chart, the overall financial market is being dragged by tech stocks
I think there is room for it to rise together.
I'm in the long position this morning and I'm thinking of holding the bat short and coming out as soon as I get the revenue.
All the traders in the world, I'm sharing my luck with you today as well!!
I hope you all invest successfully!!
I hope you have a great day together
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