How did Wu Weimiao, the "King of Intraday Short-term Trading", make 400,000 yuan from 5,000 yuan in one year?
Wu Weimiao's main trading method is ultra-short-term trading [Secretly Observing R], which is mainly based on the technical aspect. According to him, his technology is divided into two basic abilities, one is the establishment of a technical indicator system, and the other is the market information reading technology. His investment philosophy is to withdraw money when it is profitable, and never deposit money when it is losing money [Like R]
1 For short-term trading, market training is the most important.
2 The trading cycle must be clear. Without the cycle, the profit-taking point cannot be analyzed.
3 Each order entering the market should set a stop loss position. If there is a situation of being stopped back and forth, the order should be placed more cautiously and do not over-trade.
4 Easily denying other people's methods is to hinder your own growth.
5 Short-term operation technology can be practiced, and proficiency can be acquired. Perfection makes perfect. No one is born to do futures trading.
6 The road to trading is also a matter of luck. It is not necessarily a long-term road. It requires a good technical foundation and the cooperation of the market.
7 It is necessary to develop a good mindset of stop-profit and stop-loss, pay attention to price and form, and pay attention to "points" rather than "points".
8 As long as leverage is added and the investment exceeds one's tolerance, it is possible to fall.
9 Don't equate "high-frequency trading" with "overtrading". Do more in the market that is easy to do, and restrain the market that is consolidating.
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