Talk about your personal understanding of technical analysis!

What can I do to make money?

This is a bloody battlefield that looks simple but is actually very difficult. There are many factors that affect profitability.

First of all, you have to survive and not die. This is the prerequisite for everything. We can’t make all the money in the market, but we can lose all our principal, so preserving the principal is the top priority.

Secondly, we must have risk awareness. As the saying goes, before the troops and horses are moved, food and grass go first. In this market, if the troops and horses are not moved, then we must take risks first. If we make an order, we don’t know how much money we will make. But you can control how much money you lose, so resisting orders is a taboo, especially when the position is heavy. Once the trend changes and you don't cut the meat in time, you will not only cut the meat, but also hurt your muscles and bones.

There is also the need to integrate knowledge and action. These four simple words are extremely difficult to implement. In this market, the most difficult thing is to know and do it. If you can know it and do it, you must be a strong person. .

Finally, let me talk about some personal views on the current market. In a word, market risks are increasing. We laid out a large pie of about 20,000 yuan. When we reached 40,000 yuan, we reduced positions and took profits, and we also set up countermeasures for the remaining positions. , this trend is so similar to the early stage of the bull-bear transition from 2017 to 20, history will repeat itself, because human nature remains unchanged!