The trap of bottom fishing Bottom fishing is not guessing the lowest point, it is buying in the bottom area and waiting for the trend to turn from decline to rise. If the high position is full and trapped, don't talk about buying the bottom. That's called replenishing the position. First, keep the bullets safe. Don't have feelings for any currency, currencies that have made money in the past may not necessarily continue to rise even after falling, as observed by customers. Retaliative buying after emptying the market is the most deadly, afraid of missing the opportunity, resulting in buying in the middle of a decline. When an opportunity arises, one must dare to take action, be ruthless if necessary, and hesitate only to see it rise. Don't rush to take advantage of a sharp drop at a high level, it may be the beginning of a bear market, followed by a flying knife. A rebound during a decline is often a rebound, don't touch a rebound without a bottom structure. The major positive news after a long-term decline is that the main force is taking advantage of the opportunity to sell, and all positive news is negative. The three major death traps of bottom fishing: high price plunge, falling to grab rebound, and blindly rushing for good news. Remember not to step on them. The four iron rules of bottom fishing: depending on market sentiment, controlling positions, selecting targets, focusing on hot topics, and following the rules to survive.