Is the amount of funds the key to achieving stable profits?

The answer is undoubtedly no. The most critical core to determine the stable profits of an account is to control the drawdown, followed by good position management, and then the most basic technical analysis ability!

As shown in the picture, it is a screenshot of all my position records from 9:00 pm on August 21 to 11:00 am on August 22. The position size and opening and closing time of each order are clearly visible! In fact, my small capital account started with 77u, and I used the same position management method to achieve 2700u in 10 days, that is, rolling positions. For novices, they only need to grasp a single trend and keep tracking the trend. For those with technical foundation, the concept of rolling positions needs to change!

Preventing a position from being blown up is first of all a prerequisite, followed by the technology to determine the direction of the long and short positions, and finally to determine how large a position is needed. After the position is determined, try to open a position. After confirming the direction is correct for the second time, add a position or open another position. This is also a variation of rolling positions, that is, you do not need to increase the burden of the original position for no reason. Once you go wrong, the new position will be cut off with a knife, and there will be no pressure in your heart. After all, the original position still retains a certain advantage, which can smooth out the loss of the second order. This method also increases the trader's focus on the market to a certain extent! As long as the direction is correct, hold it in the direction until the floating profit is closed. Stop profit is another knowledge, which involves human greed and technical ability like warehouse management, and will be discussed later! On the contrary, if the direction is wrong and the position enters a floating loss, then your loss is very small, you can exit and continue to wait and see, so that the strength of the long and short forces is tested at the lowest cost. Feeling market fluctuations is a very important ability to maintain market sensitivity, and it is also an indispensable part of technical analysis! #杰克逊霍尔年会 #美联储何时降息？ #MtGox钱包动态 #美国CPI数据连续第4个月回落