The trading system has 4 elements:
First: Confirm the trend
Second: Selection of entry position and entry signal
Third: Setting stop loss and take profit
Fourth: Capital management.
The problems solved are:
First, should I go long or short now?
Second: At what position should I enter, and how to enter?
Third: After entering, how to respond to being right or wrong?
Fourth: How much to buy or sell?
By establishing your own trading standards based on these elements, you will not feel lost during the trading process, and you will also be able to track your trading data.
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