A complete trading system should include the following seven elements:
Cycle Judgement: Understand the overall trend of the market and determine the current market cycle (such as bull market, bear market, consolidation market, etc.).
Operational Thinking: Clarify the basic concepts and strategies of operations, whether to pursue short-term quick in-and-out or long-term holding.
Selecting Coins: Choose potential stocks based on certain standards and methods.
Timing: Determine the best timing for buying and selling.
Buy and Sell Rules: Establish clear buying and selling strategies, including entry and exit conditions.
Capital Management: Allocate funds reasonably, avoiding excessive concentration or dispersion, ensuring the efficiency and safety of fund usage.
Risk Control: Develop risk management strategies, including stop-loss mechanisms, position control, etc., to manage and reduce investment risks.
By comprehensively considering and integrating the above elements, one can establish a personal operational system, thereby achieving investment goals more effectively.
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