1. The risk of each transaction must not exceed 10% of the transaction principal, that is, 10% of the transaction principal. For beginners, it is recommended to be between 2% and 5%!
2. After entering the market, you must never blindly close your positions due to lack of patience. It takes time for the market to develop. Before the market proves that your operation is wrong, you must have enough confidence and patience.
3. It must be executed according to the plan and excessive trading is never allowed.
4. After the transaction is correct and profitable, you should use the method of adjusting the take-profit and stop-loss as a guarantee, and boldly win more substantial profits until the trend changes.
5. After entering the market, you cannot cancel the stop loss order at will. That is, after you enter the market, what will follow you throughout your life is your entire trading process, which is a risk control process. Therefore, you must set up protection after entering the market, and it is strictly forbidden to run naked.
6. Avoid adding costs after a successful transaction, that is, avoid adding positions.
7. You cannot switch from a long position to a short position at will. This requires a highly skilled operation.
8. When you are comfortable with trading, don’t increase the amount at will. The probability of making mistakes is very high because you are careless.
Fund management for contract trading?
Technology is also important, but compared with money management, it can be temporarily ignored. No matter how strong the technology is, without the guarantee of money management, it is just a castle in the air and there is no hope. Therefore, money management cannot be overemphasized. The most important trading rule is excellent defense. Not offense. Without good defense, offense is meaningless. Especially in leveraged trading, you are not just a trader but also a risk manager. The worst investment is to buy and sell according to your mood. In leveraged trading, buying and selling at any time must be planned and unconditionally set stop loss. Hoping that the market will go is the worst desire of a trader. What to do next. Whether it is good or bad for you is not the most important, because at the moment you enter the market, your loss has been controlled, and this loss is exactly what you planned in advance. I suggest that friends who are just starting to trade leveraged should not lose more than 5% of a single transaction, that is, the maximum loss of a single transaction should not exceed 5% of the total transaction funds. You must know the stop loss when entering the market, and never enter the market without a stop loss. Compared with stop profit, stop profit can be partially stopped, and the price difference can be made in the middle, but stop loss must be solved at once! This is the key point. At any time, any amount of funds must have their own management plan. I mean that even if your account has only 100u, you must do asset management. You must develop a habit of control, not a habit of ha +. If you want to make long-term profits, controlling retracement is the most important. There is no other way to control retracement except fund management.
The magic order I have been preparing for these few days is about to be launched!!!
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Important things should be said three times!!!