Follow these steps in the currency circle, and 99% of you can make a steady profit!

1. The logic should form a closed loop

If you enter the market with technical analysis, leave the market immediately once the technical chart goes bad, and don't find reasons for fundamentals or market sentiment to stay.

If you enter the market based on fundamentals, as long as the logic remains unchanged, don't be disturbed by the technical aspects. Don't confuse them, don't pay for the logic that proves you wrong.

2. Be cautious when buying at the bottom

Many people buy at the bottom halfway up the mountain. Unless you have enough funds and can enter the market in batches to lower the cost, don't try it easily. Many people make the mistake of thinking that the bottom has fallen by half. The real good bottom-fishing is to make a callback, not to rush in to take over when the decline continues.

3. Don't rush into the market when there is good news at a high position

Most of the good news is used to attract retail investors to take over, and the main force has known the news for a long time. If there are not many followers, there may be a wave of inducement; if there are too many followers, the main force will directly ship and cause a big drop.

4. Position management is the key

My position allocation principle is 30% short-term, 30% long-term, and the rest is for band rolling operations, so that you can attack and defend. In this way, when the market environment is not good, there are also funds to spread the cost and seize opportunities.

5. Firm your trading principles

Intraday fluctuations are most likely to affect emotions, so make plans in advance: under what circumstances to leave the market, what price is suitable for entering the market, and set a framework in advance. Only one thing to do during the day is to execute the plan, and don't let emotions control operations.

6. Control positions

The biggest difference between novices and veterans is position control. The market is always uncertain, and misjudgment is common, so positions must be controlled well to avoid being passive when mistakes are made.

7. Make a trading plan in advance and strictly implement it

Have a plan before the market, execute it according to the plan during the market, and don't disrupt your rhythm no matter how the market goes. Participate if you meet the conditions, and miss if you don't meet the conditions. Don't force it. Missing is nothing, but making a mistake is the price.

Mastering these few points can save a lot of "tuition fees"!