Dare to lose, but also dare to earn Stubbornly enduring losses, and just pocketing a little profit? Change it up, dare to let profits run, don't fear profit pullbacks, dare to win and there is hope, if the system has no possibility of making a big profit, then change it, change it drastically.
How to buy lower and sell higher How to reduce slippage impact Step by step solve the problems encountered in real trading, you will find your own answers
Some New Understandings of Adding Positions with Floating Profit The so-called adding positions with floating profit is based on the premise that having a floating profit means the market has proven the direction to be correct. Is it really so? Suppose this long position can indeed be profitable in the end. Between the initial position and the added position, there are three scenarios: rising, falling, and oscillating; the market is still random. Must we add positions only when there are floating profits, pulling the average price to a less cost-effective position? Why not add positions during a decline or during oscillation? How do you know that adding positions with floating profit is necessarily more advantageous than the other two methods of adding positions? No one knows what the next direction of the market will be; in the end, it remains random.
A truly excellent system must be logically coherent Every rule has its underlying meaning, and the rules mutually complement each other None can be absent A set of highly probable workable systems, just understanding the rules can provide a sense of security during execution.
Better to miss out than to compromise overall trading quality While others buy low and sell high, you should buy even lower and sell even higher It's that simple
Do not trade casually, wait patiently when there is no market, and only act when you have the best opportunity Learning to control yourself is a mandatory course
What is the essence of short trading? Where are the core advantages? How to handle slippage? What is the essence of the system? How to open and close positions? How to manage risk? How feasible is it?
This year's market is quite tough, with many fluctuations and fast reversals, making it hard for trends to sustain. So seeing a decline now, it's possible that a big bullish candle will shoot up soon, and the breakout system will be pressed down.
Any order that goes in will result in randomness When losing, lose a little, when winning, earn a little more, and overall, achieve a profit greater than the loss, thereby realizing profit Adding to a position when in profit is a very good strategy
There is nothing profound Whether it's reading news, pure technical analysis, or a combination of both Using Bollinger Bands, moving averages, volume-price, naked candlesticks, or MACD, any of these methods can work; the key is how effectively to do it, how to calculate effectiveness, and these things need to be gradually understood and the system modified step by step.
Now, I feel the most naive thought is to follow exactly what is written in books and believe that one can make money, considering ratios of profit and loss, win rates... a set of formulas. If you haven't made money, you think it's just that you haven't been doing it long enough, the probability advantage hasn't shown up, or that you haven't managed your funds well. The authors selling books and the masters leading trades all hope you think this way; it's not our problem, it's your inability to do it well.
When it comes to contracts, if your system can't maintain a basic win rate, then no matter how you operate, the final result will be a loss.
After heavy investment, you know you need to stay calm and take small positions Looking at historical orders, is the win rate low, or is the profit-loss ratio low? Or are both low? Especially when both are low, you need to be clear that your current system has no advantages; entering has no advantages, and exiting has none either, which is why it's so awkward. The main reason is often that the trading frequency is too high, and you're too eager to profit. Put aside the idea of getting rich quickly in the short term, calm down, manage your funds well, and before your capital runs out, take more time to feel it out. A piece of advice: avoid short-term trading.
Profit and loss ratio? Win rate? How to combine them? The two are like the two sides of a seesaw, one rising as the other falls.
Defining in advance how much profit and loss ratio for take profit, and what win rate to pair with which profit and loss ratio, will only bring pain.
Let the system follow the market, Occasionally a higher win rate and a lower profit and loss ratio can still be profitable. Occasionally a lower win rate and a higher profit and loss ratio can also be profitable.
In the end, it's still about what the market gives you.
Quickly cut off orders that do not meet expectations 1 Orders that move in the opposite direction after opening 2 Small losses and small profits that drag on Although it may miss out on profits, operating this way in the long term can avoid greater losses
Have expectations for profits, for example, consider taking action if profits exceed 2R Floating profits are not the final profit; what counts is what you actually realize. Greed often leads to more profit drawdowns
You need to feel the market sentiment, a kind of intuition; when the market is about to reverse, handle the orders in a timely manner to reduce losses and minimize profit drawdowns
If we could combine the scattered warehouse distribution with the previous cycle, that would be great. Changing the trading cycle means a lot of things need to be changed, and it will get messy again later, 😂
Diversify your positions to reduce the risk of luck deviation. Even with just two trades, you can achieve some balance. 00 01 10 11, purely based on probability, what is the probability that at least one of the two trades is profitable? 3/4=0.75, so the risk is clearly hedged; two trades are safer than just one.
I am not firm enough; when the system encounters setbacks, I want to change. There will always be unfavorable periods; it's best to avoid them and do less.
I thought of a phrase Some people are doing push-ups in the elevator, some are jumping, some are squatting Everyone thinks that it is their own effort that makes the elevator go up🙃