In the post-Bitcoin boom era, is Litecoin’s rise stable? Teacher Jiuyang sees it this way

Article summary: Bitcoin is surging and people are chasing Bitcoin; Litecoin is on the rise and people are hesitant about whether it is stable or not. Teacher Jiuyang told investment friends that spot gold will bottom out in mid-to-late May and enter a rebound period, so don’t be too stable in making money!

Due to the particularity of the spot gold model T+0, when it comes to grasping the gold trend, Teacher Jiuyang often says that there is no such thing as being trapped or being untrapped, and that is all to fool novices.

Because it is obvious that at worst you can lock the order and then sell it at your discretion, you will not suffer any loss and may even make a small profit. But if you are deeply trapped in the quilt, the situation is completely different. In short, it is like throwing away the watermelon to pick up the sesame seeds.

Why do you always lose money?

No matter the market is soaring, plummeting, unilateral or fluctuating, are you always unable to grasp it?

That is to say, as soon as you buy, the price falls, as soon as it falls, you sell it, as soon as you sell it, the price rises, as soon as it rises, you chase it, as soon as you chase it, you get trapped, and as soon as you get trapped, you sell it again. This is you.

This is like a dead end, with funds shrinking continuously, and the cycle continues endlessly.

What Jiuyang wants to say is that if you are in such a cycle, please stop and think carefully, summarize your experiences and lessons, and get ready to start again.

If you believe me or have just read my articles, you will agree with what I said. I can say one thing for sure. Although I cannot guarantee that you will make 100% profit, I will use a serious and responsible attitude, accurate unit judgment, and a stable order-making method to ensure that you will make a profit in the long run.

In fact, the scary thing is never the market, but the analysts. Although I am an analyst myself, I don’t want to brag about how great I am. I also don’t say that I have been doing this for many years and have so much experience that I must make money. I just want to say one thing: conscience! conscience! conscience!

People often ask: substitute teacher, why can't I always hold on to the orders?

As the saying goes, once bitten by a snake, you will never fear the rope again. Maybe you have lost too much before, and then you know how risky this market is. You want to sell it when you make money, fearing that you are looking at castles in the air. After doing it for so long, I think you can hold the order if you do the following three things.

1. You need to operate with a light position.

2. You yourself need to understand the teacher's thinking.

3. You need to have an automatic trading system.

First, operate with a light position. Gold investment brings great profits but also great risks. If you always operate with a heavy position, you will never be able to recover once you fail. For example, if you have a 5-point loss and run away with two or three points each time, then after deducting one point of handling fee, you only make one or two points, which means that the profit of 4-5 orders can offset the loss of one order, and the teacher's accuracy rate of 80% can help you to break even, so the investment loses its meaning.

The second point is to understand the teacher's thinking. You should know some of the teacher's thinking, the possible factors for making orders, the goals of making orders, and maintain a good tacit understanding with the author. Only in this way can you hold the orders well and lock in profits.

The third point, which is particularly important, is that the trading system needs to be cultivated, and the trading systems of people with different personalities are also different. How to form a perfect trading system that suits oneself requires time and experience for novices entering the gold market, which is relatively difficult.

But if you find a good Bole who knows how to train you, be a guide, formulate a set of plans, and create a trading system that belongs to you, it is better to teach you how to fish than to give you fish. With your own trading model and operational control, the teacher's thinking is a shortcut for novices to easily make profits.

It’s not a message, it’s the last sentence:

I am a professional analyst. I don't care about chicken soup and all irrelevant clichés and false reputations. I use simple charts and logical analysis to achieve an effective way to accumulate assets. I am who I am, I am Dai Jiuyang!

Text/Original by Dai Jiuyang