Is watching the market useful?

Yiming believes that watching the market has no benefits except increasing anxiety and excitement.

Trading plans are made in advance, not randomly generated when watching the market fluctuate during trading.

Make plans in advance and execute them during trading. If you place orders, you must bring your stop loss with you. If you operate at the market price, you must bring your stop loss as soon as possible after the transaction.

If you don’t have a stop loss, don’t open a position. If you bring a stop loss and control your position, how can you blow up your position?

All the blow-ups, without exception, are caused by not setting a stop loss by chance and operating with a heavy position. Some of them saw that the account principal was still large and the position was small in the early stage, and finally they got deeper and deeper.

In front of the market, no matter how big the account is, it is an ant warehouse. Only by respecting the market and respecting the rules can we go on for a long time.

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