In trading, the path is straightforward. The more you understand, the more you lose! The trading system is actually very simple.
A total of eleven words.
Big cycle, key points, sit on the mountain and watch the tigers fight.
1. Big cycle: Use the weekly chart to determine the main trend, whether it's rising, falling, or fluctuating. If it's fluctuating, don't even look at it.
2. Key points: Breaking through the high and low points of the range is a key point; start building positions in batches. The principle is to never average down when in a loss.
3. Sit on the mountain and watch the tigers fight: After building a position, if the trend goes as expected, use a pyramid to increase the position. Keep the position steady as a mountain, no matter the tumultuous waves, to gain profits from the big cycle.
The system is simple enough, yet it's difficult to execute because of excessive greed and fear. Therefore, the more complex the system, the higher the probability of failure.
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