Four core principles of trading, must-read for novices!
1. Entry view: Entry is only the starting point of trading and the first step in exploring the market. Perfect entry is hard to find, and excessive pursuit can easily lead to confusion. Remember, the key lies in subsequent strategies and responses.
2. Stop loss tips: Stop loss is like a sharp sword, decisive and unhesitating. Controlling risks is the first priority of trading. Active stop loss and mastering the fate of the account can steadily move forward in the market.
3. Stop profit path: Stop profit needs to be open, and profits can fly. If you are afraid of fluctuations and hold on tightly, small profits will be difficult to escape, big trends will be difficult to reach, and even costs will be difficult to recover. Control losses and let profits grow naturally, which is the right way.
4. Trend theory: The market is impermanent and trends are unpredictable. Oscillating thinking is easy to get into trouble, while trend thinking, clear stop loss, and profits can find a way to profit in uncertainty.
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