🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Teacher's trading experience, keep it and slowly understand, hoping to have my own trading strategy one day. The highest realm of trading is trading as life.
Admire the wisdom of our ancestors. The twelve words of the 'Tao Te Ching' can summarize all transactions. To start a discussion, I will share my shallow understanding.
Integrity: Personal sense of achievement or definition of success is not bestowed by anyone else, nor can it be deprived by anyone else. Set your own outlook on life and values right, and take the right path regardless of wealth or status. With great power comes great responsibility. Do good instead of evil, and prioritize benefiting others over benefiting oneself.
Take the momentum: the big development trend that is not affected by the individual, understand the trend and follow the trend. If you go with the trend, you will get twice the result with half the effort, and if you go against the trend, you will get twice the money. This wave of violent bull market has achieved a group of trend traders such as fat house. Even if our cognition does not reach the height of these "trendsetters", we must always know that we are bearish and do not short or short less, and do not go against the general trend. This is the "general trend", and there are countless "small trends" under the "general trend". On February 7th, the dynamic "The First Lecture of the Ultra-short Lecture Hall: Pendulum Theory" is about how to grasp every "small trend". Further, if BTC is a "general trend" and other currencies are "small trends", the younger brother looks at the eldest brother. And if you find that a little brother is against the "potential" of the big brother and follows him, there will definitely be a big move later. The dynamic FIL trend on February 9 is typical.
Mingdao: Form your own unique trading pattern, strict trading discipline. No inner fluctuations, able to move forward and backward freely. Strict position management, good risk control, timely profit-taking and stop-loss. And one more thing for ultra-short: sleep soundly without positions overnight.
Optimization: constantly improving methods, optimizing skills, and accumulating them into their own experience. There are different methods and experiences in all walks of life, and having a skill at hand will not panic. My ultra-short "art" is more niche, only focusing on price fluctuations. In ultra-short trading, any technical indicators have lag and incompleteness. All market sentiment is most directly reflected in prices, and the fewer references there are, the faster the reaction. Find entry and exit positions in the speed and acceleration of price changes.
Hezhong: Sharing cognition, promoting each other, and improving together. Cognitive improvement often comes from beyond the transaction, not within the transaction. Along the way to now, I have encountered many bottlenecks and obstacles, and have received the support and guidance of many kind people such as "Lobster Sister", "Sour Cabbage Sister", "Old Hunter", "Lu Yao", and others. Grateful for the encounter, grateful for sharing.
Practice: No matter how good the theory and method is, it will always be someone else's if it is not practiced by oneself. Being a participant rather than a bystander is key.