The most important thing in trading is still waiting.
Today I failed to hold my position again. I opened a short position in the morning, but it was quickly washed out by a rebound. The reason for frequent trading is that your observation period is too short; of course, you'll be easily frightened if you're looking at the 15-minute chart, right? In the future, look at the 4-hour chart, and once you have determined the direction, don't operate frequently. Once the direction is set, the journey can be flexible... Either don't place an order easily, or don't get off easily.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The most important thing in trading is still waiting.
Today I failed to hold my position again. I opened a short position in the morning, but it was quickly washed out by a rebound.
The reason for frequent trading is that your observation period is too short; of course, you'll be easily frightened if you're looking at the 15-minute chart, right?
In the future, look at the 4-hour chart, and once you have determined the direction, don't operate frequently. Once the direction is set, the journey can be flexible...
Either don't place an order easily, or don't get off easily.