The so-called ephemeral logical thinking here requires people to have a long-term overall goal. Reasonable allocation of positions, long-term master, short-term as auxiliary, short-term trend changes also need to follow. 2. Chase the rise and kill the fall Chasing up and killing down is basically a mistake that every currency market investor will make, seeing a certain currency rise, the world will discuss this currency, blindly follow the trend to buy it, after buying the quilt after losing 10%, 20% when they are reluctant to cut loss, die and wait for the day to untie the set. Wait for you to continue to fall, lose 50% or even, 60% or 70% of the time, and feel that the coin is not good, immediately cut Cut Loss to the floor; The process is then repeated again and again.
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1. Short term logical thinking is more serious
The so-called ephemeral logical thinking here requires people to have a long-term overall goal. Reasonable allocation of positions, long-term master, short-term as auxiliary, short-term trend changes also need to follow.
2. Chase the rise and kill the fall
Chasing up and killing down is basically a mistake that every currency market investor will make, seeing a certain currency rise, the world will discuss this currency, blindly follow the trend to buy it, after buying the quilt after losing 10%, 20% when they are reluctant to cut loss, die and wait for the day to untie the set. Wait for you to continue to fall, lose 50% or even,
60% or 70% of the time, and feel that the coin is not good, immediately cut Cut Loss to the floor; The process is then repeated again and again.