Weekend market conditions are indeed exhausting, with fluctuations up and down.
Such adjustments test patience the most; rather than stubbornly fighting on the chart, it's better to calm down and refine your trading system.
For example, position management and so on. Speaking of position management, the core of position management boils down to three things:
Stop-loss must be executed like a hard rule.
The profit-loss ratio must be greater than 2:1.
Single trade loss must not exceed 5%.
Many beginners always think about precisely predicting the market but overlook the most basic mathematical logic.
A 10% loss requires an 11% gain to break even, and a 50% loss means you have to double your capital. This game is not worth playing.
Trading is not about who is smarter, but about who follows the rules better.
Once you set a stop-loss, stick to it resolutely, unless the market structure undergoes a fundamental change.
In this market, surviving longer is ten times more important than making quick profits; maintain a rhythm of small losses and big gains.
Time will naturally reward you.
What you need to do now is not frequent trading but waiting for high profit-loss ratio opportunities, striking with certainty.
