advance bravely
a professional trader.core competency (equities/futures), critical skills (risk control/data analysis), adaptability – all prioritized per search insights.
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NXPC Short-term Actual Trading, Gradually Expanding!
$NXPC
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.
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.
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