#交易类型入门 1, Simplicity of the Great Way: Waiting, Going with the Flow, Light Position, Stop Loss

(1) The first lesson in trading is to learn to wait! Control your hands; never trade randomly or carelessly without a strategy or plan, or you will just give your money to the main players.

(2) Going with the flow is the primary principle of trading! In the first three years, only trade on a daily chart. Use weekly and monthly charts in combination with the economic development trend and industrial development trend to judge the overall market direction, find entry opportunities on the daily chart, and identify key resistance levels to open positions by following the major trend and countering minor trends.

(3) Light position trading is a principle that must be followed by beginners! Any market moves in a wave-like manner; apart from extreme forced liquidation or extreme events, there are rarely smooth 90-degree one-way trends. Only light position trading allows you to hold onto your position; otherwise, even if you have the right direction, you may still be washed out by the main players, or even incur losses.

(4) Stop loss is the most important principle for beginners in trading! Stop loss is the last line of defense to protect your principal, and you must set a stop loss as soon as you open a position! How much you earn in the trading market is determined by the market and is uncertain, but how much you lose can be determined by your own stop loss, which is 100% certain. Of course, stop loss is a vast topic, and due to space constraints, I will write specifically about it next time.