Today's market situation (10.4) and trading suggestions. Currently, it is a pullback. Long positions can be considered for BTC above 25990 and ETH above 1653.

CN
1 year ago

☯ Trading is the most difficult skill to master. The finer the risk, the smaller the risk, and roughness will be extremely dangerous.

☯ Qualified traders not only grasp the direction of the major trend, but also need to have the ability to insight into micro changes, because any major market movement starts from the one-minute cycle and never returns…

☯ Instead of envying the fish at the abyss, it's better to retreat and set up the net.

☯ Accumulating millions of wealth is not as good as having a thin skill.

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Today's Market 10.4Video or click to open: http://t.cn/A6Oe3cp2

Today's Market 10.4 Videoor click to open: https://youtu.be/u90G471xyl8

Suggest buying BTC near 28100 and ETH near 1740 to change the unprofitable short position to a moving stop-profit at ETC27730 and ETH1675. For the previous period, change the unprofitable long position of BTC26100 and ETH1570 to a moving stop-profit at BTC26700 and ETH1616.

General direction: Be cautious about long positions at BTC26000-30300, ETH1565-1930 and short positions at low highs.

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"Operation Suggestions" released on 2023.10.4.14. (Limit orders are very dangerous, stop-loss losses may be large, please operate with caution)

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BTC short-term operation suggestions (after activation, profit and loss are at your own discretion): Buy near 2700-26700-26200, stop loss at 25800, target at 29000 or above. Sell near 29000-30300, stop loss at 30700, target at 25000 or below.

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ETH short-term operation suggestions (after activation, profit and loss are at your own discretion): Buy near 1610-1578, stop loss at 1545, target at 1777 or above. Sell near 1777-1840, stop loss at 1950, target at 1550 or below.

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Special reminder: Do not trade frequently, do not make counter-trend limit order trades.

The operation suggestions are fixed after release, but the market changes rapidly like a battlefield. In order to reduce risk, increase winning rate and profit, it is strongly recommended to watch the more scientific methods in the video for comprehensive protection.

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Lao Wang's Quotes

✿ Do not hold on to positions, the profits brought back will sooner or later be given back to the market because of "holding on."

✿ Do not guess the top or bottom, the profits guessed will sooner or later be given back to the market because of "guessing."

✿ Do not rely on news, because this is still "guessing" the top and bottom.

✿ Do not easily exit when in profit, because you may be running at the halfway point.

✿ Do not get excited when you see big candlesticks, because it may be a "performance" for you to see.

✿ Do not think that the market you see is the last wave of the market and act recklessly; as long as your capital is still there, there will be a market every day.

✿ Do not trade frequently, not only will it make you lose the general direction and increase the probability of mistakes, but it will also increase trading costs, which is not worth it.

✿ Do not make counter-trend trades, hold on firmly if you are right, and run quickly if you are wrong.

✿ Do not buy low out of greed, nor sell high because of high prices, do not act recklessly without a change in trend.

✿ Do not make trading your main occupation, do not stare at the screen, the time spent staring at the screen is inversely proportional to the profit.

✿ Do not easily trust others' opinions, unless you are sure they are worth your trust.

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