1. Only do it once a day, and open a position after the market opens and the market trend is formed;
2. Enter when the price trend is very slow. If the price moves in an unfavorable direction after opening the position, close the position unconditionally and do not open it a second time on the same day.
3. After the opening price moves towards the favorable side, set the stop loss at the opening price after confirmation, use the conditional order or the lightning hand automatic stop loss function, no longer pay attention to the market, and close the position before closing.
This method will not bring you huge profits, and you may suffer small losses every day for a period of time, but as long as you catch a market trend, you will make your money back.
Human desire and greed mean that this simple and effective method is rarely adopted.
The trading system has two core purposes:
1. Control single loss;
2. Ensure the consistency of transactions.
Many people think that they can make a lot of money with a trading system. This is the most fatal thing. The trading system will never bring you profits. What can bring you profits is always your own experience.
The trading consistency that most people understand is concentrated on the consistency of opening positions and stop losses. Few people pay attention to the consistency of closing positions. Therefore, many people do not make money even if they have a high winning rate and strict stop losses. This is the problem of closing consistency.
Many people deal with profitable orders, either they hold on to the profitable orders and end up with losses; or they run away as soon as they make a profit. These will not help you make a profit. Correct your rules and establish a consistent principle for closing positions.
In my experience, I would incorporate time and amplitude hedging into the rules for closing positions.
Expert traders have a certain difficulty in making accurate judgments on intraday futures trading due to irregular fluctuations and random trends. Based on their past trading experience, they have summarized eight feasible trading routines. The premise is to follow the trend and make some feasible intervention points after judging the general direction. #比特币大会 #比特币大会