Theorem: Things that everyone knows are often the easiest to be overlooked, but what we overlook is always the most critical part

Article 1:

Stop loss: Before you place an order, you should think about the stop loss price and whether it is reasonable. After placing the order, fill in the stop loss price immediately. Why should you fill in the stop loss at the beginning? It is because if the market is not what you want, you can reduce the loss as soon as possible. Stop loss means to stop the loss. Only small losses can keep your vitality.

Article 2:

Point: The point of entering an order is very important. Although the currency price can be operated in two modes, long and short, there are actually four operation methods, namely, low long, low short, high long and high short. In a unilateral momentum, these four modes are all desirable. If it is in a volatile trend, remember not to go low short and high long, as this is equivalent to chasing highs and selling lows. Remember, many people suffer losses due to chasing highs and selling lows.

Article 3:

Position: How funds are allocated is related to one's psychological endurance. If the position is too large or fully invested, once the trend reverses, the loss will increase, and the psychological pressure will also increase. One often cannot carefully analyze the market trends, which will lead to incorrect operations.

Article 4:

Stop profit: Many people often fail to do stop profit, thus turning profitable orders into loss orders. In a unilateral trend, stop profit can use the push stop loss method to increase the profit space. In a volatile market, stop profit often requires personal thinking about the point of closing the position. Not every order must make thousands or tens of thousands of dollars. In a volatile market, sometimes a few hundred profits are accumulated.

The fifth:

Decisive: A qualified investor needs to place orders decisively. Once you have an idea, execute it according to your own ideas without hesitation. Don't be afraid of losses. Reasonable stop loss will help you avoid risks and be your strong backing.

Article 6:

Frequency: Since it is a 24-hour transaction, it is impossible to catch every wave of the market. It is necessary to master the appropriate trading frequency. Too much trading may lead to technical analysis errors.

Article 7:

Mentality: This is the most important point. When you step into this market, it is undeniable that everyone is here to make money. How much you earn affects your mentality. What we have to do is to rather make a small profit than lose money, rather than make more or less money.

eighth:

Adding positions: Adding positions is a science. In a unilateral momentum, you can add orders that follow the trend appropriately, but remember not to add orders against the trend. Adding orders against the trend often increases losses, and you must not cancel or change the stop loss of orders against the trend at will.

Article 9:

Follow the trend: Go with the flow. When the market is one-sided, don't think about adjusting at any time. Maybe all indicators are blunt at high levels, but there are times when indicators diverge. Remember, never go against the trend.

Article 10:

Mood: This is also the most important point. When you are depressed or extremely excited, it is recommended to calm down first and then operate. When you are depressed, you tend to close your position too early or take profit too early. When you are extremely excited, you tend to be greedy, which may turn a profitable order into a losing order.