#策略交易 #交易故事
1. What strategy do I use?
The decision to enter or exit is based on the pin bar line, which refers to a candlestick with a very long shadow. There are two types of pin bars: upper shadow and lower shadow. An upper shadow is a signal that the upward movement has ended, indicating that it’s time to exit. A lower shadow indicates that the downward movement has stopped, signaling it’s time to enter.
2. Are there times when it fails during use?
Yes, there are times, my friend. There have been many instances of failure, and of course, other strategies can also fail.
3. How to respond when it fails?
Taking entering a long position as an example, we must understand that no strategy is 100% successful. I need to ensure risk management. First, I refuse extreme high leverage; the liquidation price is at or near the lowest point of the pin bar line, and this should not be done. Second, when the pin bar appears, do not rush to enter. First, check if it is near a key support level, and observe if there are any bullish engulfing or other entry signals. Entering on the right side will greatly increase our win rate. At this time, the stop-loss can be placed below the pin bar, noting that this is the stop-loss price, not the liquidation price.