Trading Insights

Many newcomers to the market are unfamiliar with left-side trading and right-side trading. You should know that no matter how the market moves, there is always an invisible hand supporting or pressing it at critical points. These key points are what we often refer to as key levels, which include resistance levels and support levels. If you understand resistance and support levels, you'll find it easier to enter the market through left-side or right-side trading. Left-side trading involves placing buy orders in advance at support levels and sell orders at resistance levels. Sounds simple, right?
Since it sounds so simple, how do we actually use it? Imagine what causes the price to stop falling and then rebound at a certain level. Ultimately, that level must have a huge amount of capital buying in! If you draw a line at that level and look back, you might understand why the price reacts this way at that point (try it yourself). That is a support level. If your trading strategy is to go long at support levels and short at resistance levels, I believe you won't lose much money because the opportunities the market gives you are actually few, and your capital is likely to grow steadily.
Everyone can look into Dow Theory. I think trading is a process of cultivating the mind. It brings not only wealth but also changes in your outlook on life and yourself. Constantly challenging yourself, understanding yourself, and understanding human nature... Who are the people losing money in the market? Lazy people, those who refuse to read, those who refuse to wait for the right opportunity, those who refuse to analyze, and those brainwashed by the myth of instant wealth, rushing in with heavy positions. Do not be a pitiful person. Let’s encourage each other! #BTC