#止盈止损 I couldn't stand the nonsense that some "masters" said in the square today.
They talked about some useless principles, saying that if you make a mistake, you will lose money, and if you do it right, you will hold on. What is right? What is wrong? Is a fluctuation of 100 dollars wrong? Or 1,000 dollars?
Just like when I studied the Hundred Schools of Thought in the Pre-Qin Dynasty and saw the theory of Mohism's respect for the virtuous, Mad must respect the best talents and promote the best talents. What is excellence? What is virtue? The introductory course of modern human resources can explain this idea in seconds. But the nonsense of the masters in the square cannot be compared with Mohism.
The attitude of stop-profit and stop-loss is related to the strategy. If you do it on the right side, you should exit at a strong pressure point and when the pattern is broken according to the fundamental environment, the pattern, or the indicator.
The same is true for the left side. It is different to exit for scalping and exit for long-term holding.
So how to view the fundamentals? How to view the pattern and how to use the indicator?
All these are the basis of a trading system.
I plan to start a live broadcast on Binance to talk about the basics of trading, from the basics of economics to the basic theories of market trading. I will start when I can start the broadcast.
I like academic and practical professional knowledge, and I hate things that are specious and cannot withstand verification and falsification. At that time, there was a doctoral thesis in the National Institute of Macroeconomics that used variance to predict a group of local economic trends. I criticized it, but I think this idea is still valuable for reference.