Tongxin said coin: 9.23 Why would Bitcoin and Ethereum investment be arbitrage? Several "laws of arbitrage" that leeks must understand
Do you know why digital currency investments are trapped? Do you know the major "rules of arbitrage" that investors must know? If you want to be a duck in the investment market, it is crucial to understand your own shortcomings. Next, Tongxin will take you away The truth about digital currency investment quilt.
Tongxin summarized the most common mentality of investors losing money and being covered:
1. Like to buy bottoms: especially currency prices that are at historical lows. Seeing that the cost of myself is lower than that of others, I am really happy. But I did not expect that since the currency price has hit a record low, it is very likely that there will be many new lows, and your account funds will be cut in half within a week. Go hunting down the bottom, and finally copy yourself to death.
2. Unwilling to stop loss: There are many articles related to this issue. Some currency friends see a stop loss within a few days after the currency price has risen back. Next time, they will have a fluke and stop the loss again. This is not good. "Truncate losses and let profits run." This is a well-known saying. But then again, if you don't have your own profit model, your ending is to buy, stop loss, buy again and stop loss.
3. Don't dare to chase high: Many retail investors have a fear of heights. They think that the price of the currency has risen, and what if they are caught up when chasing it? Actually, the rise and fall of the currency price is not necessarily related to the price level. It lies in the "potential". After the formation of the upward trend, the security of intervention is very high, and the profit will be great in the short term. The core problem is how to judge whether the upward trend has been formed. This has different standards in different market environments. The ability to judge trends is one of the important criteria for measuring the level of currency friends.
4. Self-doubt and distrust: Many friends analyze yesterday’s quotations and judge the trend today to be ambiguous. They will not implement the strategies that have been formulated. They are afraid of wolves and tigers. A person without goals is sad, but a person without execution is ridiculous. People without goals will achieve their goals for others in this market, and those without plans will one day be planned by others.
5. There is no sense of rhythm in trading: there is no systematic understanding of the main trading methods. The market is like a blind man touching the elephant, with no rules. If you are lucky, you can win two hands. If you are not lucky, you will be defeated. Therefore, currency friends always sing "Why is it always me who is hurt".
Tongxin is here to share with you what to do if you place a quilt cover?
The first is to deal with the following according to the position status in hand:
1. Investors who are lightly locked up can use the rebounding market to get out of the market, or lighten up their positions on rallies;
2. Investors who are locked in high positions can also make partial lightening operations on rallies, so that they can take the psychological and financial initiative in the next wave of market conditions.
The second is to do the following processing according to the technical status of the purchased currency:
1. If it is locked, the purchased currency is at a high position and the loss must be stopped immediately.
2. If the currency you bought is in the middle position, you can temporarily wait and see according to the situation at the time, so as to exit the market or lighten the position on rallies to reduce losses.
3. If the currency you bought is at a low level, you don't need to rush to stop the loss. After the currency you bought has stabilized after falling, you should dare to cover the position at an important support level and dilute the cost in the next rebound. Rescue the high locked positions together.
The third is to do the following processing according to the trend state of the purchased currency:
1. If the currency you bought is in an upward trend, you don't need to stop the loss. If you hold it patiently for a period of time, you will inevitably solve the order and even have the possibility of greater profit.
2. If the currency you bought is in a trend of balance and shock, you don't need to stop the loss immediately, and wait patiently for the currency to enter the high level of the shock cycle. Once the order is closed or the loss is small, you should decisively leave the market
3. If the currency you are buying is in a downtrend, once it is confirmed that the downtrend has formed, you should stop the loss immediately, and you must not have any illusions about gains or losses. Any hesitation and hesitation may be exchanged for a deep hold-up that is difficult to extricate.
For lightening or liquidating positions after being locked up, when a currency friend does such an operation, he must be resolute and decisive, especially in a downtrend. Many currency friends have this kind of operation experience. After being locked up, they hope to solve the order every day, and finally wait for the order to be solved one day, and they are not reconciled: I have taken so many days, how can I make some money. As a result, he missed the best opportunity to close a position. When the market re-entered the decline, he was caught again. In the end, he was completely desperate and lost confidence and cut his flesh out. This is the most taboo in the downtrend; after being locked up, handling is a passive operation no matter what. Of course, resolving orders is a basic skill that investors must master, but investors should put their energy before locking up and find ways to improve their analytical skills and The level of buying and selling, minimize the number of times of being stuck, and always occupy the initiative of funds and mentality. This is the most important.