How to successfully operate short-term operations in the currency circle? Sharing of skills for successful short-term operation in the currency circle

Short-term trading in the currency circle is not a simple speculation, but an investment behavior that requires mastering market laws and skillful skills. Short-term investors need to have professional skills and patience, be able to analyze the operating rules of the currency circle, and thus conduct short-term trading efficiently. How can novices successfully operate short-term trading in the currency circle? This article will combine data analysis and explain in detail from technical analysis, planning, market trend concerns, etc.

The secret to success of short-term trading in the currency circle

The core of short-term trading in the currency circle lies in technical analysis, target and stop loss setting, market sentiment grasp, trading volume and capital flow analysis, currency selection and efficient trading execution. Short-term trading aims to make profits by taking advantage of price fluctuations in the short term, and the holding time is usually short (ranging from minutes to days). The specific skills are as follows:

1. Technical analysis first: Short-term trading depends on technical analysis, and judge buying and selling points through charts and indicators. Short-term moving averages (such as 5-day and 10-day moving averages) can determine the trend, while the relative strength index (RSI) can identify overbought (>70) or oversold (

2. Set targets and stop loss: Set clear profit targets (such as 5% or 10%), and set a stop loss point (such as loss of 2%-3%). Be sure to ensure that the profit-loss ratio is at least 2:1 to achieve long-term profit.

3. Insight into market sentiment: Short-term trading is significantly affected by market sentiment. We need to pay attention to short-term fluctuations caused by major positive or negative news, and pay attention to popular tracks and capital flows.

4. Focus on trading volume and capital flow:High trading volume is usually accompanied by violent fluctuations and is suitable for short-term operations. Use capital flow monitoring tools (such as Nansen and Token Terminal) to analyze whether funds flow into the target currency.

5. Select the right currency: Short-term trading is suitable for mainstream coins or popular currencies with high volatility and good liquidity. Unpopular coins with low trading volume should be avoided to avoid difficult transactions.

6. Efficiently execute transactions: Use limit orders to preset the trading price to avoid chasing ups and selling downs. At the same time, use take-profit and stop-loss orders to execute transactions automatically to reduce emotional interference.

Short-term trading cycle in the currency circle

The short-term trading cycle in the currency circle is usually between a few minutes and a few days. A transaction can be completed within minutes to hours, or it can last for days or even a week or two. Short-term traders usually make decisions based on technical analysis, chart patterns, technical indicators and market news.

Definition and risks of short-term trading in the currency circle

Short-term trading in the currency circle refers to the act of short-term trading in the cryptocurrency market to obtain profits. It is characterized by a short holding cycle and investors frequently buy and sell in a short period of time. Short-term trading risks are higher than long-term investments, but potential returns are also faster.

Intraday short-term trading cycle suggestions

For short-term trading in the day, a 5-minute cycle is more appropriate. The market can basically be completed within the day within the 5-minute cycle, forming a breakthrough to ensure the frequency of intraday trading. Although some people use 1 minute cycle, this requires extremely high technical level and psychological quality, which is not suitable for most people.

Summary

Short-term trading in the currency circle requires both technology and discipline, and the core lies in technical analysis, risk management and rapid execution. Through scientific methods and rigorous strategies, you can seize market volatility in the short term to make profits. However, it should be noted that short-term trading risks are relatively high and must be based on stable risk control in order to continue to make profits. In addition, we need to continue to learn new tools and strategies, and track the trends of the market and mainstream currencies to adapt to different market environments.

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