What is the secret of your trading success?
1. Look at the big and do the small. The advantage of the big cycle is that it is more accurate. Once the trend is formed, it will last longer. However, the large stop loss of the big cycle is a disadvantage. The small cycle has low accuracy, is very random, and has a low winning rate, but the small cycle has an advantage, which is a small stop loss. Therefore, the trend direction should be determined by the big cycle, waiting for the pullback support pressure, and then find the medium cycle to support at the same time, and then the small cycle oscillates high and sells low to enter the market, with a small stop loss and high accuracy.
2. And the small cycle has a very powerful place. At the detonation point, the floating profit is quickly added. When the big cycle pullback ends and continues to rise or fall, it is very fierce. Double quickly.
3. Remember, the stop loss for entering the small cycle should be very small. For fund management, refer to 1/100 of the total funds as a stop loss. In theory, you have to try and lose 100 times in a row before you lose everything. But the key support and pressure level of the pullback of the big cycle trend cannot allow you to stop loss 100 times in a row.
If you do it right, 1. Look at the big and do the small, which means you are going with the trend. And every time you use a small stop loss, you lose less. If you do 1 and 3 correctly, you not only follow the trend, but also manage your funds correctly. The overall account risk is very low. You have done both. Follow the trend and lose less. Do 2 correctly. You will start to earn more. The overall loss becomes less, the profit and loss ratio goes up. When you follow the trend, the winning rate will not be bad. When a trading system has a winning rate and a profit and loss ratio, you will be very powerful if you insist on executing it. But how many people have been stumped by the word "persistence". #BTC