New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
After so many years of trading, the biggest gain isn't mastering technical analysis, but having the courage to give up on market conditions you don't understand. To put it simply, trading isn't about who can analyze more comprehensively, but about who can stick to what they truly understand.
I personally only trade three types of market conditions, and I refuse to touch anything else. These three are confirmed through countless validations as stable patterns.
**Type 1: Pullback Confirmation After Trend Breakout**
After a clear upward move, the price pulls back but doesn't break the key structure. Volume gradually converges, and the pullback approaches the previous high or an important support level, then resumes upward. Entering the market at this point involves riding the trend with a safe zone. The most common mistake is waiting too long for confirmation, chasing after the rise, and ending up trapped.
**Type 2: Fake Breakout with Volume on the Lower Side of Consolidation**
During sideways consolidation, suddenly a large volume drop breaks support, but quickly pulls back again—this is a typical false breakout. My approach is to only go long after it re-tests and confirms, while also observing whether volume and price action are in sync or if there are unusual order book movements. The most dangerous mindset here is "thinking we've found the bottom," only to catch the falling knife.
**Type 3: Strong Attack After Mid-Trend Shakeout**
The price has already risen for a while, then consolidates or makes a small correction, during which multiple trap setups are created to induce selling. But each time, key supports hold, and finally the price accelerates upward again. I add positions when key supports stabilize and a short-term breakout occurs. Even if I’m wrong in my judgment, I can accept it because the entry points leave an escape route.
I never try to top-tick, gamble on bottoms, or chase high prices. I only trade scenarios validated by data within my system. For any market conditions outside these three patterns, I either stay out or simply walk away and stop watching.
Some say this approach will cause me to miss many opportunities. Yes, I will indeed miss some. But what I want is never to miss out on anything; I want to survive long enough. The essence of trading is essentially about losing less, making fewer mistakes, and going further. It’s not some grand principle, just reality.