The system shared in this article may have more theoretical content. Since the original course is not a basic course, it may involve some non-basic things. If you don’t know how to use it, you can wait for me to share some basic online course notes later.

🗝️Subtitle

1. Theoretical basis

2. Trading system construction

3. Day Trading Arsenal

4. Trading steps

5. Establishment of trading system

Note: This course is my own study notes recorded in the past when I was learning technical analysis. The original course teacher seems to be engaged in futures, but the theory is still mostly applicable to the second level of encryption.

Lesson 1: Theoretical foundation 📍

1. The three-rate combination for making money🔻

1. Odds, frequency, and winning rate

2. Swing Trading: High Odds - Low Frequency - Low Win Rate

3. High-frequency speculation: low odds-high frequency-high winning rate

4. Heavy trading: low odds - low frequency - higher winning rate

2. Two underlying driving forces of technical analysis🔻

1. The repetitive psychological and behavioral cycle of the group caused by individuals’ pursuit of maximizing their interests

2. Mainstream fund trends tracked by volume, price and warehouse

3. The principle of stable profit in intraday trading🔻

1. Three-rate combination: Don’t pursue a large profit-loss ratio, but ensure a higher winning rate is the core

2. Potential inertia and positional advantages, information asymmetry, and short-term predictability

3. Short holding time reduces uncertainty

4. Information asymmetry is more effective in the short term

5. Short-term fluctuation patterns are easier to grasp and have higher structural effectiveness

6. High winning rate, high frequency, small profits and accumulation

7. The system is simple, clear and easy to implement

8. The advantages brought by transaction consistency are solidified, and stable compound interest generates huge profits

(1) Transaction cycle consistency

(2) Consistency of opening and closing positions

(3) Logical consistency

Lesson 2: Trading system construction 📍

1. Composition structure

1. Direction judgment system

2. Entry point system

3. Stop-profit and stop-loss system

4. Fund management system

5. Emotional management system

2. Structural judgment (main transaction logic)🔻

1. Simple division and evolution of long and short cycles

2. Judging the trend and shock market

3. K-line of market turning point

4. Does the advantage come from large structures or small structures?

3. Direction selection method 🔻

1. High and low points determine direction

2. Three-four period nesting and resonance

3. Fixed-trend structure and accumulation (recall, rebound) structure

4. Determine the classification of market types based on the position of the large cycle

5. Market Hotspots

4. Tips for choosing entry points🔻

1. Follow the trend in the big cycle and make turning points, false breaks and breakthroughs in the small cycle

2. The entry position should conform to the corresponding form

3. Long positions with slow down and quick up and short positions with quick down and slow up

(1) In terms of spatial amplitude, the flatter the trend, the weaker the short-term trend.

4. Breakthrough of key points, with clear stop loss protection position 5. Manual opening, not passive opening

5. Stop-profit and stop-loss techniques🔻

1. Track whether the logic of the transaction order has changed

2. Define profit expectations before placing an order

3. Don’t sell profitable orders at a loss

(1) The profit-loss ratio is 1:1 and the principal is guaranteed first

4. The profit-taking method depends on the three rates

(1) Logical stop-profit and stop-loss: structural closing, closing when momentum is exhausted, closing when huge volume is reached, and closing when volume and price diverge

(2) Time stop profit and stop loss: close the position at a fixed time or K line

(3) Spatial stop-profit and stop-loss: closing positions at support and resistance levels, closing positions when a symmetrical structure is formed in space, and closing positions at a fixed profit and loss ratio

5. Multiple construction protection positions or firm stop loss

6. Improve fund management efficiency🔻

1. Configure different frequencies and positions in different market stages

2. Opening and closing positions

(1) Opening positions are consistent: based on the winning rate

(2) Open positions in batches and close them at once: based on odds

(3) Open a position once and close it in batches: taking both the winning rate and odds into consideration

3. Adding positions must comply with the set logic and not be affected by a wave of trends.

Lesson 3: Day Trading Arsenal 📍

1. Tools and methods 🔻

1. Variety/sector correlation analysis

2. Key point analysis

3. Volume and price analysis

4. Pattern and K-line combination

5. Superposition of technical indicators

6. From simple to complex From complex to simple

2. Key Point Analysis🔻

1. Previous high and low of K-line

(1) Determine the direction of long and short positions

(2) Previous highs or lows or horizontal positions that have been hit multiple times are more practical for trading

(3) The higher the level, the more important the highs and lows are.

2. Key points of structural support/resistance

3. Areas with concentrated transactions

4. Integer threshold

3. Volume and Price Analysis🔻

1. Technical strength judgment

(1) Technical strength: Technical strength during an uptrend and technical weakness during a downtrend confirms the upward trend

(2) Technical weakness: Technical strength during a decline and technical weakness during an increase, which confirms a downward trend

2. Follow the step-by-step trend of volume and price, and use the divergence of volume and price as the reverse indicator

3. Breakthrough of key positions with an increase in volume (an increase requires more volume support than a decrease)

4. Massive liquidation

(1) The huge volume at the end may mean that the opponent's power has increased, which has led to our power following the rise.

5. Unit amplitude trading volume

(1) How much trading volume does each 1% increase or decrease represent?

(2) The higher the growth-to-volume growth ratio, the greater the resistance

(3) That is, for the same product, a moderate rise of 1 point requires 1,000 trading volumes, but a sudden increase in volume requires 2,000 trading volumes to rise 1 point, which means that resistance has increased. 6. Judgment of capital inflow and outflow

Lesson 4: Trading steps📍

1. Micro (small cycle) pattern approach

1. The resonance of large and small cycles comes first

(1) The direction is confirmed at the large level, and the small level enters the market when the direction is consistent with the large level.

2. Tracking by quantity, price, warehouse, time and space

(1) Quantity and price confirmation of structural effectiveness

(2) The matching degree of time and space confirmation cycle

3. The big cycle focuses on trends, positions and K-line combinations

4. Small cycles focus on the coordination of form, volume and market sentiment

5. Three core elements: potential, structure, and location

2. Look at the big and do the small, multiple confirmations (trading system cycle diagram)🔻

3. Two intraday opportunities with higher certainty🔻

1. From the level

(1) There is a clear momentum and the momentum is sufficient at a large level

(2) Hours and 15 minutes to fully accumulate strength and complete structure

(3) There is a matching fixed-position accumulation structure within 5 minutes

(4) At the critical time when capabilities are fully realized

2. From the perspective of potential energy

(1) There is a clear trend

(2) The hourly or daily line volume is out of the obvious range

(3) There is a clear accumulation structure in 1 minute or 5 minutes

(4) Breaking through key positions with volume

(5) Resonance of related varieties/sectors

Lesson 5: Establishment of trading system📍

1. Three complete elements 🔻

1. Transaction level

2. Core elements of profitability

(1) Win rate and odds selection 3. Fund management method

2. Thinking of the mind

1. Find the three-rate combination that suits you

2. Confidence in adversity is the core of a mature system

3. The trading system matches people better than the market matches trading logic