Dear readers, if you have a bankroll of less than $1 million and prefer trading, then remember that frequent operations are not the true meaning of trading. When you don't know for sure, you might as well stop for a while and enjoy the tranquility of the market. When the ** is active, then go all out and seize the leader of the mainstream plate. If it's not clear, then taking a break from a short position is the wisest defensive strategy.
When it comes to the world's **, we all have a common problem: once we lose money, we are reluctant to let go; If you make a little profit, you are in a hurry to settle down. Actually, the real wisdom lies in operating in reverse. When making a profit, we must be patient and let the profit run; And when you lose money, you must cut the meat decisively. My take-profit and stop-loss principle is very simple: when the profit reaches 15%, consider taking profit, and resolutely shoot when the profit falls back to 10%; If the loss exceeds 5% of the principal, then do not hesitate to stop the loss. Imagine if we could take profit of 10% and stop loss of 5% every time, then even if our win rate was only 50%, after 100 operations, the profit could reach an astonishing 800%! Of course, this sounds difficult, but the difficulty lies in how to overcome the greed and fear in the heart, and truly achieve the unity of knowledge and action.
In **, we also have to learn to grasp the changes in market sentiment. Every day has its own emotional rhythm, and emotional freezing point is often a good time to make a move. These freezing points may occur at the open, intraday divergence point, afternoon or late session. Shooting at these moments can often capture the changes in the strength of **, obtain panic chips brought down by emotions, and also avoid the risk of chasing high.
In addition, there are some lessons worth sharing. For example, don't be in a hurry to cut the meat when it falls sharply in the morning, there will often be a chance to reverse the bag in the afternoon; When the end of the market rises sharply, it is necessary to reduce the position, because the probability of the next day** is very high. Also, the shrinkage will often continue, and the shrinkage will continue; The stagnation of volume may be the head, and the shrinkage and stop falling may be the bottom. These experiences, while simple, have a success rate of up to 85%.
Finally, I would like to say that after making a big profit, you must learn to take short positions. ** It is easy to be proud and complacent after making a big profit, but the arrogant soldiers will be defeated. Commodities have a time period, and after making a big profit, you will forget the value of time. When we are successful in a row, our self-confidence will burst and we will be overconfident in our own judgment. However, ** is full of variables, and if you make a mistake in judgment, it can cause significant losses. Therefore, we need to learn to remain calm and humble when we succeed, and not to try to seize the opportunities in each section. The more unfortunate the transaction, the more you have to calm down. Although it seems simple, it is not easy to continue to make profits. It requires us to continue to learn, practice, and achieve the unity of knowledge and action. And those who succeed in ** are often built on the failure and pain of many stockholders. Therefore, when we succeed in **, we must remember to do something meaningful to the society, use our profits to give back to the society, and make this world a better place.
If you like this article, welcome to collect and like**, if you have no questions, welcome to communicate with me).