When trading, many traders often lack clear trading rules and strategies and rely solely on feelings to trade. However, even if your analysis is 100% accurate, without a set of proven trading strategy rules, then you may be disgraced by the pressure of losses.
Develop a set of qualified trading strategies
A complete set of trading strategies, covering three key links:Entry, exit, money managementWhen you choose to enter, you can consider a variety of factors such as fundamentals, technicals, and funds。Entering the market is only the beginning, not in the future, it is recommended to choose an inevitable pattern of the trend in order to better follow the trend.
Exit is the heart of tradingNo matter how big the capital, the exit of the trading strategy must be met: cut the losses and let the profits run. Doing so is obvious and will allow you to manage your risk and make a profit on the trend**. As for the way of appearance,Algorithmic, ** and *k methodare good choices because they guarantee the stability of the logic.
Money management involves:Variety and distribution of **, as well as the treatment of losses and profitsConservative start and steady accumulation are the best strategies in the early stage.
Once the ** skills are completed, why worry about no money in the future? The key is to have enough money to trade. In general,A complete set of trading strategies requires a long period of polishing to finalizeto start as soon as possible.
When developing a trading plan, it is important to first identify the trend. Whether it's an uptrend, a sideways or a downtrend,Grasping the general direction of the market is the key to successful trading。By using**, Boll indicator, MACD indicator and other tools to better analyze market trends.
Timing of entry is an important part of a trading plan. Choosing the right time and position to enter the market is crucial to avoid losing money。By learning some technical analysis methods, it can help you grasp the timing of your entry into the market.
Risk control is the top priority of the trading plan. When preparing, you need to allocate according to the size of your own funds to prevent market risks. At the same time, it is also important to set a stop loss so that you can stop small losses and prevent large losses in the event of a mistake. So risk control includes:**There are two major parts of allocation, take-profit and stop-loss settings.
A trading plan refers to the need to develop a trading strategy based on the current market situation when preparing to open a position**, and this set of strategies includes:Entry point, ** position, take profit position and position splitting plan。Only after confirming that all factors have been considered should you enter the market boldly. The most important thing is to be patient and wait for the emergence of technical points, and never act rashly until the time comes.
How do you develop your own trading strategy?
First of all, choose a few long-term focus on the trading symbols, without too manyGenerally 3-5 pcs, which can maintain focus, reduce the burden of energy, and also help money management.
Secondly,Determine the trading cycleLong-term traders should follow the trend, medium-term traders should pay attention to the relationship between volume and price, and ** traders should pay attention to technical breakthroughs.
If you are a master of trading and are very sensitive to changes, then choose a trading plan and conduct ultra-trading. Long-term trading focuses on "potential", operating in the direction of **, not subjective**top and bottom. In the medium-term swing trend, the relationship between volume and price reveals a very important signal, with technical trend analysis, as a reference for operation. In terms of trading, the focus is on "breaking", such as a breakthrough after consolidation, and seeking the best entry position purely from a technical point of view.
Regardless of the strategy, it is important to maintain clear trading logic to guide trading behavior.
When establishing the conditions for entering and exiting the siteIt is necessary to combine technical indicators, support pressure levels and patterns, etc。After entering the market, be sure to set a stop loss, for long and **, the stop loss method can be different.
Money management is keyIt is recommended that the total ** should not exceed 60%., avoid heavy positions and full positions, and strictly take profit and stop loss to maintain the net value of funds.
Develop an offensive and defensive plan, based on a trading strategyAdjust your defensive strategy at the right time to avoid rushing into the game. The offensive plan should include the timing and volume of the increase in positions to avoid losing positions.
MineThe idea of trading is to control ** and control yourself。Controlling ** does not mean controlling the market**, it is controlling one's own entry and exit, when to enter the market, when to exit. Controlling yourself means that you need a rational mind to analyze in trading, and avoid losing money due to emotional trading.
Any set of trading strategies needs to be constantly honed and improved. It may not be perfect at first, but over time, you will find that this strategy is in handy and the positive return expectation is obvious. At this time,It should be maintained consistently, continuously optimized and adjusted.
To sum up, risk can be reduced with a well-developed trading strategy, and every trade is justified and executed according to the strategy. Do not change the strategy at will, give full play to the spirit of self-discipline, and accumulate for a long time, you will be able to achieve ideal returns in the market.