Six Practical Tips for Short-Term Trading:
1. Don't rush to buy at high prices, and don't sell quickly at low prices: When the market is high, wait a little; when it's low, don't rush to sell. Act only when the trend is clear.
2. Be cautious in sideways markets: Exercise caution when trading in a sideways market.
3. Make decisions based on candlestick charts: Consider buying when a bearish candle appears, and selling when a bullish candle shows, following the trend.
4. The strength of the decline determines the strength of the rebound: A slow decline leads to a weak rebound; a rapid decline often results in a strong rebound.
5. Use a pyramid building strategy: Buy in batches, increasing the purchase amount as prices drop, gradually reducing costs.
6. Respond to sideways movements after extreme highs and lows: After significant rises and falls, the market often enters a consolidation phase. At this time, don't clear your position at the peak, nor go all in at the bottom; wait for a signal of trend change before acting.
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