Gu Jingci: Sharing some simple and effective trading methods

These days, the successful retracement of long positions during continuous reminders has been evident with good profit margins. Investment methods vary with different trading strategies. Whether it is long-term or short-term trading, it mainly depends on the amount of capital. If the capital is small, only short-term trading is possible. If the capital is large, then it can be allocated reasonably, allowing for short-term, medium-term, and long-term trading. Cryptocurrency trading relies heavily on executing trades; today, I will discuss some trading techniques.

1. Range Trading Method

Most of the market time is in a range-bound state. During such periods, buying low and selling high within the box range is the most basic way to achieve stable profits. You can identify resistance and support levels using various technical indicators and chart patterns, which helps determine suitable entry and exit points to generate profits.

2. Pullback and Rebound Trading Method

After a significant rise or fall, the market often experiences a short-term pullback or rebound. Catching these opportunities allows for stable, easy, and straightforward profits. This requires knowledge of candlestick theory and a good sense of market feel, enabling accurate judgment of local highs or lows, thus seizing opportunities to exit profitably.

3. Time-Based Trading Method

Generally, the morning and afternoon sessions have smaller fluctuations, making the market easier to grasp. This suits investors with a gentle temperament. However, the downside is that profit realization takes longer, requiring patience. The evening and early morning sessions tend to have more volatile movements, allowing for quick profits and multiple trading opportunities. This suits aggressive investors, but the downside is frequent price fluctuations, making the market harder to predict and increasing the risk of errors. It requires higher technical skills and judgment.

4. Resistance and Support Trading Method

When the market encounters significant resistance or support levels, it often faces obstacles or receives support. Entering trades at these points is a common method and one of the most stable ways to achieve consistent profits.

Daily analysis and strategy have a high success rate, which can be observed. However, analysis and strategies are for reference only; please manage risks yourself. The articles are not guaranteed to be timely; please refer to real-time data! #Gate储备金报告 #中文Meme币热潮 #CPI数据将公布 #Gate广场创作者新春激励