The types of traders in the trading market are diverse; some investors prefer to chase varieties with significant price fluctuations, constantly changing trading varieties. As a result, they often miss out on small market movements and larger trends, leading to potential losses.
Therefore,
it is advisable for investors to maintain a focused attitude in this regard. We should learn from wolves. Establishing our own trading system is the way out.
In terms of the current trading market, a pre-market trading plan is also very important.
New traders may ask, what is a trading plan?
It is essentially a comprehensive operational guideline established before trading.
It mainly includes market analysis, determination of trading targets, capital management, target points, and setting stop-loss levels, among others.
Based on the established plan, traders can operate with a basis during trading, relatively smoothly, and will not be thrown into chaos when market conditions change.
