Why do novice retail investors feel they lose money quickly and make money slowly? This brings us to the different trading modes, which can be divided into two types: left-side trading and right-side trading:
Left-side trading (bottom fishing or top picking trading, also known as buying more as it falls and selling more as it rises) Core logic: anticipating the market, thinking this price is already low enough and won't fall further, entering the market to buy early; thinking the price is high enough and has peaked, entering the market to sell early; simply put: the market hasn't bottomed yet, you rush in and wait for the rise; the market hasn't peaked yet, you rush out and wait for the fall. You can understand it as: seeing someone jump from a building, you think they are about to land, and before they land, while they are still in the air, you reach out to catch them.
Characteristics of left-side trading: making money slowly, losing money quickly: after buying in, the probability is that it won't rise immediately but will continue to fall. You think you've caught the bottom, but there is still a bottom below, and your account is in floating losses every day, getting worse, and your mindset collapses very quickly; even if it eventually rises, it does so slowly, and you want to run as soon as you make a little profit, fearing it will fall back.
Right-side trading (trend-following trading, also known as waiting for confirmation to buy and waiting for confirmation to sell) Core logic: no anticipation, only following; giving up all guessing about bottoms and tops, waiting for the market to develop and the trend to be fully confirmed before entering. Simply put: when the market has hit the bottom and starts to rise, I buy; when the market has peaked and starts to fall, I sell. You can understand it as: seeing someone jump from a building, waiting for them to land steadily, stand up, and start walking back up the building before I follow them up the stairs; absolutely not touching someone in mid-air, only touching someone with a clear direction after they have landed.
Characteristics of right-side trading: relying on observation, not guessing: all entries and exits are based on solid market signals, such as when the price breaks a new high, moving averages turn upwards, or trading volume increases; these are all facts that have already occurred, not just personal feelings. You are buying a confirmed trend, not an uncertain anticipation.
Advice from Yuge to novice retail investors: left-side trading is a game for experts, right-side trading is a lifeline for retail investors.
Isn't it true that crypto only falls and doesn't rise? When gold and silver are rising, they are in a sideways fluctuation, but when they fall, they drop harder than anyone else. What happened to the so-called safe-haven assets?
VIP win rate has risen, recently back to over 80%, calling whoever takes off. So strong, teachers. This FOGO is quite interesting, it says it is an L1 token on the SOL chain, it should be the first L1 on the Solana chain, but I think isn't SOL also an L1? hhh, is the Solana dealer deliberately causing trouble? If that's the case, the potential should be pretty good [doge] $FOGO