Brother Ming, some people say that it is not important where to open a position, but what is important is how to deal with the orders in hand?

Opening a position is the first step of trading, and the various steps of trading are interconnected. The position of the stop loss should be set according to the position of the opening position, and the stop loss space determines the profit target and the profit and loss ratio.

This is why many people prefer to enter the market with a callback, because it is easier to set a stop loss when entering the market, the stop loss space is small, and the profit and loss ratio is also large.

Opening a position casually, for example, chasing the ceiling, it is very difficult to set a stop loss, and you can only set a large stop loss, so the profit and loss ratio becomes smaller, which increases the difficulty of making a profit.

This is like doing business. If the purchase price is too high, the business will be very passive. If the selling price is low, there will be no profit, and if the selling price is high, it will not be sold. It is the same reason, so what price to purchase, that is, the cost is very important, which is also the reason why it is very important to open a position at any position, but every link in the transaction is very important and indispensable.

Brother Ming never opens a position easily, and most of the time he is waiting. Brother Ming is going to open a position today. Whether he can enter the market depends on whether the market gives him the opportunity. A friend told me before that Brother Ming has opened a position. Let me know, Brother Ming has already said it.