Contracts have been in operation for 5 years and a very high success rate has been summarized.
6 short-term tricks, each of which is a valuable experience gained with real money! Understand and comprehend, so that you can avoid many detours.
1: The idea of short-term trading should be in this order, hot spots, themes, market sentiment increase, trading volume ratio, and finally performance. The core of short-term trading is to find opportunities in the strong, and only by being with the strong can you have the opportunity to make a quick profit in the short term. Completely abandon the trend. This is what the main force has chosen for you. Stand on the shoulders of giants to see the world, don't be afraid of the clouds blocking your view, follow the hot funds, and the trend track is king.
2: Trend is king. Don't buy because the price is high, and don't buy because the price is low. There are many upward trends, and there is no bottom for falling. Never decide the direction of buying and selling because of the high or low price. This is a psychological barrier that must be overcome. Those who are afraid of high prices are miserable!
3: Position management. The bottom position is controlled at 10% to 20%. If the market direction is consistent in the future, gradually increase the position, and the proportion of increasing the position is getting smaller and smaller. The position control is large at the bottom and small at the top, like a pyramid. In this way, the average price of your position will be lower than the market price. The pattern determines the mentality.
4: Moving average indicator. The 4-hour moving average is also called the attack line. It is the most sensitive and is the most core trading indicator for short-term trading. It can also be said to be the cost line of the main force. The main force is stretching. Generally, it will not be allowed to fall below this line. If it falls below, it means that there is a big difference between long and short positions. Falling below can be used as a stop loss line to sell
5: Unity of knowledge and action. As a mature trader, do not try to innovate, or seek exceptions, no longer try to surpass the trading system or overturn the trading rules, but routinely follow the buy and sell signals issued by the trading system, and skillfully handle each transaction. This is the experience and lessons I have accumulated from many failures, all corresponding to one or more painful experiences. There is no trading system with a perfect winning rate, only perfect execution!
6: Insist on reviewing. First, keep a detailed market record, take out all the transaction orders, and then write down all the details of each losing transaction, including, opening price, closing price, transaction reasons, precautions, etc., study and analyze every failed decision, and find out the same mistakes that have been repeated many times.Then summarize the mistakes.