How do professional traders place their trades?
I'm not going to use real-time market data to give you examples; instead, I'll use a past market event as an example. I've drawn three lines, and now I ask you, if the market hasn't happened yet, how do you plan to place a trade? Can you explain it clearly? I believe many people cannot articulate it well. Don’t think that just because you have past market data, you will know how to trade; it’s not that simple. If it were that simple, who would you be earning money from? Let me provide you with a trading idea: when the market approaches the resistance level of 126, I first observe. If the market breaks above the 126 resistance level, I attempt a long position. The market oscillates around 130 multiple times; if it doesn't break above 130, I try a short position. The market retraces around 128; if experienced enough, this long position can also be successful. I treat it as unsuccessful. The market approaches 130 again, but this time breaks above 130, I enter a long position. The market reaches 134; lacking experience, I don’t take a short position. The market continues to return to 130; lacking experience, I don’t take a long position. The market reaches 134 and does not exceed 134, I enter a short position. Close to the target, the market returns to 134 and does not break above; I continue shorting, targeting 130. The market reaches 130, and it retraces close to 134; lacking experience, I don’t take a position. The market reaches 130, breaks below 130, I enter a short position targeting 128, then 126. The market reaches 128, retraces to 130; not breaking above, I continue shorting, targeting 128. The market reaches 129; lacking experience, I don’t take a long position…
This is a trader's plan for placing trades in real-time. Is the entire market movement within my plan? Can I almost capture the entire candlestick? Don’t think it’s abnormal; I’m not a professional trader. In this segment, I could capture nearly ten points, and professional traders would be even better. This is the difference between knowing how to trade and not knowing how. If you know how to trade, you can almost predict the entire market trend in advance; if you don’t know how to trade, you will only be chasing highs, chasing lows, and blowing up your account in resistance.