📊｜The market did pull up in the middle of the night, but it withered halfway through, just like constipation.
🔻It is important to learn how to stop profit. As the saying goes, those who know how to buy are apprentices, and those who know how to sell are masters. When you see the falling 📉 signal, you must stop profit decisively
♦️Briefly explain the stop profit formula:
Your purchase price: A
The highest price of the rise: B
Floating profit ratio: (B-A)➗A
🔻For example, last night the opening price of wheat $ALT was 0.375, and the highest price last night was 0.4.
That is (0.4–0.375)➗0.375＝6.6%
The floating profit ratio is 6.6%. When this ratio retraces more than half, it is 3.3%, which is our lowest stop profit position.
For example: a half-retracement is 3.3%, and a 3.3% retracement from 0.4 is 0.386. Then 0.386 is our bottom line for profit taking
♦️If you don’t know how to take profit, you will miss this wave❓
