Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Many people ask me how to trade. Actually, the core points are just these.
First, you need to understand the time cycle. Look at the direction on the long-term cycle, and find entry points on the short-term cycle—that's basic skills. Then, learn to distinguish between trends and consolidations—if the price moves up and down in three waves but stays in the same place, that's consolidation; but if the highs and lows of the three waves are progressively higher or lower, that's a real trend.
Once you have the direction, it's about waiting. Patiently wait for an entry point that fits your system. Before entering, you must clearly think about where to set your stop-loss and whether the risk-reward ratio is acceptable. Many people rush in impulsively, and as a result, a single emotional trade can wipe out all previous profits. Here, I want to say that respecting the market's uncertainty and accepting stop-losses is not about admitting defeat but about protecting yourself.
The last point, and the most difficult—unconditionally repeat the process. Trading is like cultivation; you have to do it over and over again according to your system. Gradually, you'll find your own rhythm.
Honestly, when you prefer to stay out of the market or miss some seemingly tempting opportunities to stick strictly to your trading system, you'll realize that trading can be so simple. Although the market is complex and unpredictable, staying calm and doing proper analysis will always help you find opportunities suited to you. Remember this—what's good isn't necessarily suitable, but what's suitable is the best.
The road is long, but as long as you walk, you'll reach your destination. No matter how difficult the task, just do it, and you'll succeed. Keep going, and may you find your trading Holy Grail soon, enjoying this journey of trading life.