Actual Trading:
In short-term trading practice, I have summarized the following core insights, combining practical experience and market rules for reference:
1. Discipline and risk control are lifelines. 1. Pre-set stop-loss: Each time an order is opened, a stop-loss point must be preset, and the allowable loss amount should be calculated in advance (e.g., 2% of total capital). Use the 'loss-based quantity' formula to determine position size. For example, if a loss of 500 yuan is allowed and the stop-loss is 20 points, then the number of lots to open = 500 / (20 × point value). 2. Mechanical take-profit: Profit must exceed twice the stop-loss, exit when the trend pauses. Intraday trading is essentially about accumulating small victories into large profits, rejecting greed. For instance, decisively take profit when the first bearish candle appears after consecutive bullish candles.
2. Technical analysis and rhythm grasping. 1. Cyclical interaction: Use the 'three-screen analysis method'—capture buy/sell points on a 1-minute window, monitor segments on a 3-minute window, and judge trend reversal on a 30-minute window. For example, if the 15-minute K-line breaks the previous high and does not break downward, it can serve as a signal for a long position. 2. Volume-price resonance: Be wary of reversals when there is increased volume but stagnant price (e.g., new price highs but shrinking transaction volume); increased positions during price dips may indicate a rebound. Key points should be combined with Fibonacci calculations for resistance/support. 3. Moving average system: The 5-day line is the attack line, and the 10-day line is the main cost line for the market. Hold positions when the 5-day line crosses above the 10-day line, and liquidate when it crosses below.
3. Trading mindset and behavior patterns. 1. Counter-intuitive operations: Buy on discrepancies (e.g., breakout with volume), sell on consensus (exit when there is collective bullish sentiment). Avoid 'divine judgment with pig operations,' meaning accurately predicting but missing the opportunity due to habitual procrastination. 2. Focus and iteration: Operate on only one variety per day, continuously track until it loses speculative value. Daily reviews should record emotional fluctuation points and optimize response mechanisms.