I can't sleep and summarize some of my personal experience in trading:
First, do not conduct daytime order-swiping operations, and avoid frequent entry and exit on short-term trading surfaces such as 1 minute, 3 minutes, and 5 minutes. As the saying goes, "I don't know the true face of Mount Lu because I am in this mountain." Excessive entanglement in short-term fluctuations can easily lose the overall understanding of the market.
Second, do not blindly follow the news to trade. The announcement of news often has its purpose, and you should not pay too much attention to the news to avoid being misled by it.
Third, avoid adding positions against the trend. This is often just wishful thinking, and the market weakening has its own reasons.
Fourth, resolutely implement stop loss. Determine a loss limit that you can bear and effectively control risks.
Fifth, pay attention to position control. At least make sure that the position can withstand the loss caused by an overnight gap.
Sixth, focus on one cycle when trading. Don't try to be versatile, such as weekly fluctuations, daily adjustments, hourly longs, and 5-minute shorts. Don't waste energy and lose judgment in switching between different K lines.
Please refer to it, it is beneficial and harmless!
