Don't indulge in intraday short-term trading. We all have to admit that the smaller the fluctuation, the harder it is to catch. Even institutions and hot money can hardly do it, so why bother to wade into this muddy water? Livermore, known as a genius trading master, has a classic saying: To make big money, you need to sit still, not trade frequently.
Long and short tips: entry position and stop loss position!
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