Before entering the market, you need to filter quality targets. This step has already blocked many people. After selecting the target, you need to formulate a trading strategy.
Set a trading level that suits you, such as long-term, medium-term, or short-term. If you don't have time to monitor the market every day and can't understand market trends, but insist on day trading, isn't that just giving money to the market?
After determining the trading level, you also need to adjust your mindset according to your own situation, develop a strict trading plan and strategy, and look for precise buying and selling points through the market. You should achieve effective position management, asset allocation, profit-taking, stop-loss, risk control, and so on.
Then, keep a trading journal. After the trading is finished, do a deep review using the previous trading journal, reflect and summarize. Continue to improve and optimize what you did right, and enhance and correct what you did wrong.
Follow me, if you have any questions that need consultation or want to communicate and learn together. Check out the introduction to the cooking industry to avoid unnecessary entry.