0712 transaction record
WIF short order continues. The logic of shorting WIF is to find weak targets to short in the downward trend. At present, I think it is still weak. Someone has to ask me: WIF suddenly closed in the red this morning. Have you changed your view on its weakness (photo red circle)
Just looking at the red circle, ordinary people may have several thoughts:
1. At this time, he closed in the red and the market closed in the green. Does it mean that he has become stronger?
2. What's worse, I will start to think, so I should close the position before the red circle, or even go long, so that I can enjoy the increase of these few red K's.
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The strength of the target cannot be determined based on a single K-bar. In trading, a single K-bar is a point, a pattern combination is a line, and the trend is a surface. Since I am called a trend man, I should use the "surface", which is the overall situation. Consider that the moving average is just a tool to "auxiliary" look at the direction. As far as the entire picture is concerned, it is obvious that the moving average of WIF is larger than the short position. If you find a comparison benchmark (the dotted line, used to compare levels), you can also find the current WIF The price trend has been lower than the green K on the dotted line
Traders are not letting predictions replace operations, let alone the idea of going against the trend and grabbing short positions in a downward trend. What I want to say is, even if you get caught this time, does it matter? If I tell you to do this 100 times, This kind of thing will continue to happen 80 times. Unless you finish this wave and quit trading, repeating negative expectations will only shrink your wallet in the long run. What the trend man has to do is to trade after 100 times. Win in the end, not in one success or failure
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