Sometimes you focus on a trading opportunity, but the chip distribution on the chart is really not ideal. Instead of forcing yourself to build a position in such a situation, it's better to spend more time looking for similar assets with more balanced and healthier chip distribution in the market. The benefits of doing so are obvious — you can enter at a better technical level, and risk can be better controlled. Experienced traders often understand this principle: when the power is in your hands, why insist on fighting a "dirty chart"? There are plenty of opportunities; the key is to have patience and wait.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Sometimes you focus on a trading opportunity, but the chip distribution on the chart is really not ideal. Instead of forcing yourself to build a position in such a situation, it's better to spend more time looking for similar assets with more balanced and healthier chip distribution in the market. The benefits of doing so are obvious — you can enter at a better technical level, and risk can be better controlled. Experienced traders often understand this principle: when the power is in your hands, why insist on fighting a "dirty chart"? There are plenty of opportunities; the key is to have patience and wait.