So that each of us can “observe like a reporter, a sniper, a Sherlock Holmes”?
Some people watch it 24 hours a day. Are you sure you wanna watch it? “See” is not equal to “see”, the same fact in front of us, some people are “blind”, some people will only see the information they want to see!
Direct value!
1 The first view, the telescope.
When you’re visiting a place for the first time, or embarking on a new mission, don’t jump right in and dive into the details of the mission. Instead, use a telescope to survey and search for information at a distance so you can quickly get the whole picture. For example, if you go to a new supermarket, you need to look through binoculars before entering the narrow shopping aisles to familiarize yourself with the overall layout of the space, how the shelves are distributed, where the emergency exits are, etc.
To understand the market you need to open the monthly and weekly charts first!
2 Second Angle of view, bifocal lens.
A bifocal lens is a lens with two focal points. This method of observation requires that at least two different viewing angles should be found for any observation object, and the information can complement and contrast each other. For example, we often see in movies that when special police are carrying out tasks, they will advance while holding their guns at eye level. This is to keep the muzzle of the guns aligned with the line of sight at all times, and they can aim and shoot at the target with the fastest speed in emergencies. This is a perspective. But there’s another crucial perspective that’s rarely shown in the movie: the way SWAT officers stop and look back as they move forward. On the one hand, this is to prevent dangers from behind, and more importantly, they need to familiarize themselves with the path and vision when they return in advance, so that they can evacuate quickly and not get lost.
Therefore, when understanding the market, you should at least combine BTC and ETH as your market observation objects, preferably with SPX Euro 50 Los Angeles Index! At the same time, it is best to add the hottest emotional plate! Some friends say that I only do btc other do not look, you will see the trees do not see the forest, this wave if you only do btc will miss a lot of FTT and web3 demon coins!
Experience :1 investment faucet! If you can’t make money on the most active spigot, you can’t make money on the coin circle at all. In the two months before CZ and SBF’s battle of the century began to ripple through the market, there was already some foreboding on these coins (FTT had already broken the pin and the weekly neckline). Generally speaking, the first to go up is the first to go down, so the first to fail are the dragon heads. And when markets do rally, the leaders in a new bull market are rarely the same ones that emerged in the last one, and that will be true in future markets as well.
Like last November, the metaverse sector was all the rage, and a lot of tech companies were putting real money on the table. There is also a statistic that the number of references to the term “metaverse” in financial documents and other corporate documents of companies listed on the US stock market increased five times in 2021 compared with 2020. Are you still out of it? The DAO that followed! Don’t list them all!
The third point of view is the microscope.
When you want to improve in an area, when you want to go from a 60 to a 90, it’s time to use the microscope to look at richer, deeper details. It’s like when a coach trains an athlete, he or she takes a video of their game and plays it back frame by frame, figuring out the optimization points for each move. In business practice, creating a detailed user journey map, doing in-depth user focus interviews, etc., are all microscopy.
We only want to talk about support resistance here. Trend lines are formed between the higher and lower levels of a market trading pattern
It represents a movement of trading conditions that provides investors with overall information about support and resistance lines. The support line is usually the previous low, leading to price support here. The resistance line is the opposite, which indicates that when the price rises to a certain height, there is a large amount of selling, thus preventing the price from continuing to rise, and even the price falls back to the trough state again. In general, if a trend line is broken (both up and down are possible here), then you should invest in the direction of that break. It is worth noting that a trend line can form at any point in time.
The fourth Angle of view is the magnifying glass.
Once you’ve worked out all the details with a microscope, the next step is to find the details that need special attention and focus on the key details with a magnifying glass. Space limited just want to talk about the time cycle! Monthly chart direction, daily chart, 4h, 1h to find the entry point!
The fifth Angle of view is the filter.
That’s understandable. We all use filters when we take selfies to filter out imperfections and make ourselves look better. The same is true of filter observation, which sees potential in shortcomings, opportunities in mistakes, and gains in failures. Filter by your opponent! See opportunity through emotion……………
The trading behaviors of different traders have their own fixed characteristics, which can be observed through the market information, technical indicators and trade level. Professional traders usually establish their own databases and conduct countertrade research. I have a little secret about watching the game. It is to express your opinion on the Internet and watch the reaction of others.
The sixth Angle of view is the shading mirror.
If you block out all the light, you can’t see anything, right? Indeed, this lens requires you to temporarily block out the external information, organize, review and review the information in your mind, find out the details that may have been overlooked before, listen to the inner voice, and catch the fleeting inspiration. We’ve all experienced an “aha moment” when something suddenly makes sense. There is a method to the “aha moment” that we think is so rare. Use the first five lenses to do intensive input of information, and then occasionally pull out, using the light mask to let the information freely brewing and colliding in the brain, you may encounter insight. Finally, I would like to share with you a golden quote from the discoverer of vitamin C, Nobel Prize winner Albert Szent Zherjee: “Discovery is seeing what everyone sees and thinking what they don’t think.
It’s time to pour cold water on you!
If we could catch every move up and down in the market, I’d be the richest person in the world. It’s the right idea, but it’s impossible. We have to resist this temptation, which is one of the most challenging parts of trading. In trading, the most difficult thing is to stick to yourself, especially when you don’t make money, others make money, like a meteor shower, everywhere you lose money, you first hate yourself not basin, then hate basin is too small. As the saying goes, if you don’t find money, you lose it. This kind of mentality can make us feel bad for a moment, which can lead to a big mistake in the next trade. We should always remember that investing is a marathon. There is no hurry at all. It is not good to start too fast. The key is to have the right posture and clear thinking. A little progress every day, accumulated, a year is a great achievement. Also, seeing it right, doing it, and making money are three very different things. There are a lot of times when we go back and look at the previous market, and when we were right, we feel like we didn’t make the money we should have made, and that’s not right. Others earn money, you should not be unbalanced to learn to bless Thanksgiving! Simplify complex problems and repeat simple things. An investment method that can make money as a whole is to “make a big profit and lose little, earn more and lose little”.
