Talk about a few issues with following trades
1. Stop Loss Issues
If you are following my strategy, you must strictly execute the stop loss according to my strategy. Even if it happens to hit the stop loss, you must adhere to it; this is a matter of trading habits and is very important. Do not harbor any lucky thoughts.
Every trade I make has its own logic and always includes a stop loss—just execute it strictly. If the stop loss is hit, it means our trade is incorrect, so just accept the loss. If it happens to be a loss, just accept it; this situation is unavoidable. After being stopped out, do not enter again, and patiently wait for the next trading opportunity.
2. Take Profit Issues
As long as there is profit, it is fine to take profit at any time; it’s just a matter of earning more or less. Personally, I start to reduce positions when the profit-loss ratio reaches 1:1, and with the remaining position, I aim for 1:2 or even 1:3, focusing on how the market moves at that time.
If you are not holding positions, you can take profit and exit when the profit-loss ratio exceeds 1:1.
3. Position Management
Do not over-leverage; absolutely do not over-leverage. Move slower, be steadier.
I personally have a poor mindset, and everyone must pay attention to this. Once my mindset goes wrong, it can lead to consecutive losses (the five consecutive losses on the 16th were due to a mindset issue), so do not over-leverage.
Before opening a position, think about how much loss you can accept, and then decide how much to leverage based on the loss amount. Do not just jump in without looking; it is easy to incur significant losses.
Finally, to summarize the public strategy given this month:
A total of 24 trades, with 8 losses, 1 break-even, and 15 profits, resulting in a win rate of about 62%.
Public free strategy, with both losses and gains, rational following.