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In fact, all trading decisions come from the repeated recognition of experience; When you decide to enter the market at a certain position, it must be because you see a familiar sign or structure, which is similar to a successful transaction in your brain database. Only in this way will you decide to open a position; The reason why many people trade based on indicators such as RSI, MACD, and BOLL is essentially because these indicators have provided a large number of repeated reference sample cases in history and have statistically significant rules; A few simple questions: 1. A bull market will appear within a year after BTC halving. Is it considered a repeated recognition of experience? 2. The Fed's interest rate cut to 1% and the start of the balance sheet expansion will usher in a bull market. Is it considered a carving? 3. The RSI indicator is oversold continuously, and the price is likely to stop falling and rebound. Is it considered a carving? If the conclusions of the above questions can be regarded as a case of looking for a sword on a boat, then in theory all the trading decisions we make are based on experience-based behavior like this; Since all decisions need the support of experience or historical data rules, then looking for a sword on a boat is not only not a wrong behavior in the market, but a necessary behavior; So I think as long as you can find the rules under strong correlation, then it is a good case of looking for a sword on a boat, otherwise it is a far-fetched probability relationship, which is sometimes effective and sometimes ineffective; What do you think? This article is exclusively sponsored by #Pionex 派网3.0 | @pionex_zh Pionex is the most professional quantitative grid trading pionex.com/zh-CN/signUp?r=0i9Z...… Register here to enjoy 20% handling fee refund and KYC whitelist!

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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