WAXP
Following the trend means to follow the market and place orders in the direction of the market, not against the market.
Buy on dips and short on rallies. When the trend is generated, we buy on dips and cannot short against the trend.
When the market itself is a bear market, we short on rallies. We always do it in one direction. I will not look at long orders and short orders in one day. This is a big taboo in trading.
If you are bullish in the morning and bearish in the afternoon, it means that your judgment of the general trend is unclear, and short-term trading is okay.
Make more money and lose less, and a reasonable profit and loss ratio is very important.
Long and short tips: entry position and stop loss position!
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