1. Before operating, first find a stop-loss position; stop-loss is a must, don't be afraid of making a wrong stop-loss, just be afraid of not having a stop-loss that could cause significant losses. Set a 5-point stop-loss for short-term trades, a 15-20 point stop-loss for medium-term trades, and use segmented stop-losses for long-term trades!
2. Only trade stocks in an upward trend, as this maximizes your chances of success and doesn't take much time. If the 3-day moving average turns upwards, it indicates a short-term rise; if the 30-day moving average turns upwards, it indicates a medium-term rise; if the 84-day moving average turns upwards, it indicates a major upward wave; and if the 120-day moving average turns upwards, it indicates a long-term rise!
3. Don't try to catch the bottom; either you are not catching the bottom, or you will need to wait a long time. Set the CCI indicator parameters to 84, and only trade stocks that break above 0 on the CCI indicator; they are likely to rise!
4, do not touch stocks with a turnover rate exceeding 20%. A turnover rate over 20% indicates that there are already divergences within the stock. It's a battle among the experts, and retail investors can easily suffer. Focus more on stocks with a turnover rate between 3%-10%, which are active but not too risky!
5, focus more on leading stocks. When the sector just starts to rise, find the three stocks with the largest increase. If they have undergone a major decline previously, have recently gapped up, and several popular sectors overlap, along with various news, they are basically leading stocks.
6, whether it's taking profit or stopping loss, you must be decisive when it's time to exit. Place your orders a bit lower to ensure execution. You cannot let the last few minutes cause you to miss your exit, which could lead to a significant mistake!
7, if you are trading short-term, just look at the 5 and 10-day moving averages. Enter when the price is above the moving average, and exit if it breaks below or deviates too far from the moving average; if you are looking at medium-term trades, pay more attention to the weekly candlestick charts because they are relatively more stable; if you are looking at long-term trades, focus on the volume of stocks, enter when there is a breakout of concentrated volume at a low position, and exit when the volume moves from low to high, the market is very likely to peak!
8, insist on reviewing weekly. Reviewing is not about whether you made a profit or loss, but about whether you did it right according to a certain method. If it’s right, continue with this method; if it’s wrong, find the reason and correct it as soon as possible. If you persist for a few months, you will form your own trading model!
9, only trade stocks where the BOLL indicator's trumpet mouth is widening upwards, and the stock price is above the middle track. These are basically all one-sided upward trends. When the BOLL indicator's trumpet mouth shrinks, it generally will surge and then fall back. When the BOLL indicator's trumpet mouth becomes horizontal, the individual stocks will begin to fluctuate, and we do not participate in either of these!
10, think in reverse, the judgment of the market's highs and lows is very accurate. When the market breaks a certain hundred-point level and there is a large bearish candle while everyone is bearish on the market, it basically indicates that we are at the bottom. Similarly, after the market rises for a period and suddenly breaks through a certain hundred-point level with a large bullish candle, while everyone says the bull market has come, it basically indicates that we are at the top!
11, no matter which strong stock will break through the moving average that supports the rise, and then in a few days will stand up again, for example, if it keeps rising along the 10-day line, then this moving average will definitely be broken, and then stabilize near the 20-day line before rising again. Knowing this can help us catch many second explosive points of strong stocks!
12, you can operate without following the indicators, but when they show a top divergence, you must pay attention, especially when multiple indicators show divergence at the same time, and the trading volume also shows a price increase with a decrease in volume divergence, it basically indicates that the market is at a peak!
(Military Brother Encryption) 6 years of deep cultivation in the cryptocurrency circle, short-term speculation shows true skills, and medium to long-term layouts have rules. Accurately capture the best trading opportunities, with first-hand news empowering your investment decisions. Choose the right direction, find the right rhythm, here you have the professional perspective you need.