Four principles of trading, must-read for novices!

1. About entry

Entry is a process of trial and error. No entry can guarantee 100% of what will happen next. Entry is not the whole of trading, it is just the beginning of trading.

Finding the perfect entry is the biggest trap in trading. Only after passing this level can you really start to think about what trading is. Only then can you really involve these subsequent links.

2. About stop loss

Stop loss must be decisive and resolute. This is the entry course of trading. Risk trading, the premise is to control risks. Only by actively cutting losses can you put the initiative of life and death of the account in your own hands. Only then can you have the opportunity to continue in an uncertain market.

3. About stop profit

To stop profit, you must try to let go of the profit end as much as possible. If you can't let go of the profit end, you can't bear the retracement, you can only make small money forever, never get the trend market, and even can't make back the cost of trial and error.

In trading, losses must be actively controlled by yourself, and whether you can make a profit depends on uncertain trends. Therefore, trading should actively cut losses and let profits run. Only in this way can we have the opportunity to accumulate advantages and have positive returns.

4. About trends

The market is uncertain, so the height and length of fluctuations and trends cannot be predicted. However, the oscillating thinking of holding on to losses and stopping when the profits are good is difficult to achieve risk control, while the trend thinking mode of cutting losses and letting profits run can. Therefore, when doing transactions, trend thinking is a feasible hope for achieving profits#美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币