* "Veterans suffer from shocks, novices suffer from trends"

Look at the recent trend chart, the trend in the past 20 days

I only went long in one direction, but I caught the market low 7 times in a row.

(I do medium and long-term, and I only entered the market twice)

The first time, August 23, entry point 1606

The subsequent two waves pulled it to 1700 and 1745 respectively.

Dynamic reminder to 1700, profit can be taken in batches near 1730

But I personally didn’t divide it into batches, and I didn’t leave either.

The reason for not leaving is:

The trend is good, and the profit stop point is farther away.

On August 31 (after the decline), profits were spit out

After entering the market for the second time, the position is still open.

So far, no money has been made from this volatile market.

(It would be more ideal if you cut the profit by half midway)

The same is true if you choose (short direction) in this wave

The first short selling point is 1700, if you happen to catch it

If you choose the medium and long term, you will look at the 1400~1500 range.

Then there is a high probability that you will be lost at 1745 on August 31st.

In the second wave, can you survive the strong rising market?

Making a short order again is also a test

From a hindsight perspective:

The best result is to only do long and short-term orders to maximize profits.

(The same mentality is also tested. One thing that tests traders is

After taking profit midway, will you insist on waiting for the best position? )

In this whole trend

Regardless of long order or short order

Your best positions will be washed out.

If you have been taught to have oscillating thinking

Wait for the next change

Once we get out of the unilateral market

You may also have inertial thinking

Facing the situation of losing all profits

⚠️No matter whether you have made good profits in this wave or not

Place a stop loss order, and then adjust your order thinking in a timely manner

The next thing is the most important thing

☞If there is a breakthrough, do not cover your position to resist the order if you are in shock.

☞If it falls below, don’t go long

Choose retaliatory heavy positions to buy the bottom