10.11 Daily Summary

Preface: A true warrior dares to face the bleak life, dares to look squarely at the blood, does things in a down-to-earth manner, seeks truth from facts, makes every transaction attentively, constantly summarizes and improves, so as to make progress.

Order opening situation: I made an order today, entering the market with a long order near 27150, and the stop loss was hit at 26950, with a floating loss of about 200 points.

Order opening logic: The market did not break a new low, and strong bullish power appeared in 15 minutes. Positions, trading volume, and prices all showed obvious increases. After breaking the previous support level of 27150, it closed out of an N-shaped asymmetric structure, so the position was opened decisively.

Reason for closing the position: After opening the position, the market began to rebound significantly from a small level. However, when it reached around 27300, it became obvious that it fell into an intense game of long and short. The long positions increased significantly, but the trading volume obviously began to shrink, and at the same time, the price began to The occurrence of obvious fluctuations indicates that there is strong pressure above. Therefore, when the market fell back to around 27,000, I decisively placed the stop loss at the previous low of 26,950, wanting to give myself the last chance. The result is an obvious wave of being taken away.

Before this order, there was actually a long order near 27000, but later seeing that the rebound was weak, it was sold to protect the capital. This is why the price action long order re-entered the market later.

Summary: Today's transaction is generally a successful transaction, because there are no problems with the reasons for opening orders, stop loss, take profit settings, and position management, and it is also in line with Qi Ling's trading habits and systems. The shortcoming is that when the market does not reach the expected position after opening an order, we should wake up and take action instead of waiting. The market has not reached 27400 and has begun to fall. Although I feel a little uneasy, I did not react. This is a mistake and needs to be remembered (risk is always the first).

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