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Please read with a light heart.
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Trading stock market and coin market seem similar, but they are very different.
In stock market, you have to buy and sell 1 share at a time, but in coin market, you can buy and sell in decimals.
This difference makes a big difference in buying and selling.
In the stock market, you should buy when the price is rising from a low price if possible.
The reason is that since you buy in units of 1 week, you have to invest more money when you sell and then buy to buy 1 week.
I think the same goes for the coin market, but since you can buy in decimal units, you have the advantage of being able to buy at a higher price than when you buy in the stock market.
For example, if you sell and then buy again at the same price, the number of coins (tokens) will decrease, but there will be no cases where you can't buy at all.
Therefore, the coin market is an investment market where you can trade at virtually any price range.
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In terms of profit realization, the stock market can only be traded in a way that earns cash profits.
The reason is that, as I mentioned earlier, since you have to trade in units of 1 week, there are restrictions on trading.
However, in the coin market, in addition to the method of earning cash profits, you can also increase the number of coins (tokens) corresponding to the profits.
The biggest advantage of increasing the number of coins (tokens) corresponding to profit is that you can get a large profit in the long term, and the burden of the average purchase price when conducting a transaction is reduced.
When the price rises by purchase price, if you sell the purchase amount (+ including the transaction fee), the coins (tokens) corresponding to profit will remain.
Since these coins (tokens) have an average purchase price of 0, they always correspond to profit even if there is volatility.
In addition, even if the price falls and you buy again, the average purchase price is set low, so it plays a good role in finding the right time to buy and starting a transaction.
Of course, when the number of coins (tokens) corresponding to profit is small, it does not have a big effect on the average purchase price, but as the number increases, you will realize its true value.
You can also get some cash when you increase the number of coins (tokens) corresponding to profit.
When selling, if you add up the purchase price + transaction fee X 2~3, you can also get some cash profit.
If you get cash profit, the number of coins (tokens) remaining will decrease, so you can adjust it well according to the situation.
When the profit is large, increase the cash profit slightly, and when you think the profit is small, decrease the cash profit.
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Therefore, when you first move from the stock market to the coin market and start trading, you will experience that the trading is not going well for some reason.
In the stock market, there are some restrictions on the rise and fall, but in the coin market, there are no restrictions, so it is not easy to respond.
However, as I mentioned earlier, the biggest problem is the difference in the transaction unit.
When trading in the stock market, you need to check various announcements and issues in addition to the chart and determine how this information affects the stock or theme you want to trade.
This is because trading is not conducted 24 hours a day, 365 days a year like the coin market.
This is because if an announcement or issue occurs during a non-trading period, the stock market may rise or fall significantly when trading begins.
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When using my chart on a stock chart, the basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator.
However, if you want to buy more, you can buy more when the M-Signal of the 1D chart > M-Signal of the 1W chart, and it shows support near the M-Signal indicator of the 1W chart.
In the stock chart, it is recommended to trade when the M-Signal indicators of the 1D, 1W, and 1M charts are aligned.
The reason is that, as I mentioned earlier, trading must be done in 1-week units, so the timing of the purchase is important.
In the coin chart, you can actually trade when it shows support at the support and resistance points.
However, since trading is possible 24 hours a day, 365 days a year, even if it shows support at the support and resistance points, psychological anxiety due to volatility increases, so it is recommended to proceed with trading according to the basic trading strategy.
The creation of the HA-Low indicator means that it has risen from the low range, and the creation of the HA-High indicator means that it has fallen from the high range.
Therefore, if it shows support near the HA-Low indicator, it is likely to rise, and if it shows resistance near the HA-High indicator, it is likely to fall.
However, on the contrary, if it is supported and rises at the HA-High indicator, it is likely to show a stepwise rise, and if it is resisted and falls at the HA-Low indicator, it is likely to show a stepwise fall.
In order to confirm this movement, you need to invest a lot of time and check the situation in real time.
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Thank you for reading to the end.
I hope you have a successful transaction.
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Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.