• Fundamental analysis:
Evaluate the actual value of the project, community support and industry development prospects.
. Control risk management
Risk management is the core of stable income:
• Position management: A single transaction does not exceed 1%-5% of the account balance.
• Stop loss and take profit: Clearly set the stop loss point to avoid emotional operations.
• Liquidity selection: Prioritize trading pairs with strong liquidity to reduce slippage losses.
. Cultivate the mentality of traders
In trading, mentality determines execution:
• Maintain patience and discipline: Follow the trading plan and avoid chasing ups and downs.
• Control emotions: Learn to accept losses and calmly deal with market fluctuations.
. Tracking and reviewing
Every transaction is a learning opportunity:
• Record trading logs: Write down entry points, exit points and strategy basis.
• Dynamic optimization: Adjust strategies based on review results.